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Ethiopian jets bomb Nevsun's Bisha mine in Eritrea

Mar. 23, 2015 8:19 AM ETNevsun Resources Ltd. (NSU-OLD) StockNSU-OLDBy: Carl Surran, SA News Editor14 Comments
  • Nevsun Resources' (NYSEMKT:NSU) Bisha gold mine in Eritrea reportedly was hit by Ethiopian fighter jets over the weekend, but the company reports only "an act of vandalism."
  • Eritrea won independence from Ethiopia in 1993 but is now considered a state sponsor of terrorism.
  • The Bisha mine is 60% owned by NSU and 40% by the government of Eritrea.

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