Nevsun Resources (NSU -15%) gets hit after the U.N. announces a ban on mining companies from...

|About: Nevsun Resources Ltd. (NSU)|By:, SA News Editor

Nevsun Resources (NSU -15%) gets hit after the U.N. announces a ban on mining companies from investing in Eritrea. The company just recently finalized a $253M investment agreement with the Eritrean National Mining Corporation to purchase a 30% stake in its Bisha mine.