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Euro Sun Mining Inc. is a Canada-based development-stage mining company. The Company, through its subsidiaries, is a gold and copper exploration and development mining company focused primarily on its Rovina Valley gold and copper project located in west-central Romania. The Company's project is located approximately 300-kilometers northwest of the capital city of Bucharest. The Company's Rovina Valley Project consists of approximately three copper-gold porphyry systems, such as Rovina, Colnic and Ciresata. The Colnic Deposit is located approximately 2.5 kilometers (KM) south of the Rovina Deposit and the Ciresata Deposit is approximately four kilometers south of the Colnic Deposit. The Company holds the Rovina Valley Project through an exploration license, which covers a total of approximately 27.68 square kilometers.
Gold & Silver
66 Wellington Street West
Suite 5300, TD Bank Tower Box 48
Peter M. Vukanovich
Independent Chairman of the board
G. Scott Moore
Chief Executive Officer, Director
Chief Financial Officer
Chief Operating Officer
Randall K. Ruff
Executive Vice President - Exploration
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Lundin Mining Corp <LUN.TO> launched a hostile C$1.4 billion ($1.1 billion) takeover bid for fellow Canadian miner Nevsun Resources Ltd <NSU.TO> on Thursday, saying it had failed to convince Nevsun's board to strike a friendly deal over the past nine months.
Canada's Lundin Mining Corp said on Thursday that it formally commenced an offer to acquire Nevsun Resources Ltd for C$4.75 per share in cash, valuing the base metals miner at around C$1.44 billion ($1.10 billion).
Canada's Lundin Mining Corp said on Wednesday that Chief Executive Officer Paul Conibear has announced retirement plans just as the base metal miner is set to make a formal offer for Nevsun Resources Ltd.
Nevsun Resources Ltd <NSU.TO> said on Tuesday rival Lundin Mining Corp's <LUN.To> latest buyout proposal undervalues the base metals miner and its assets.
Nevsun Resources Ltd said on Tuesday rival Lundin Mining Corp's most recent offer to buy the base metals miner ignores the "fundamental value" of the company and its assets.
Canada's Lundin Mining Corp said on Monday it plans to make an offer to buy base metals company Nevsun Resources Ltd for about C$1.4 billion ($1.07 billion), its second proposal in three months.
Canadian miner Lundin Mining Corp said on Monday it plans to make an offer to buy base metals company Nevsun Resources Ltd for C$1.4 billion.
(This version of June 29's story has been refiled to clarify Kevin Fox was speaking at a mining conference in May.)
* Miner ready to pay 30-40 pct premium for prime asset - source
Nevsun Resources, a Canadian miner which has been approached regarding a takeover, should enter "good-faith negotiations with any suitor," Adrian Day Asset Management, one of Nevsun's top 10 shareholders, said in an open letter to the company's board on Wednesday.
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