Euro Sun Mining (TSX: ESM) has become the first non-state-owned entity to receive a ratified mining license for its Rovina Valley copper-gold project in Romania, signalling that the East European nation is open for business, the company says. The mining company…
Nevsun Resources (TSX: NSU; NYSE: NSU) is rejecting an unsolicited proposal by Euro Sun Mining (TSX: ESM) and Lundin Mining (TSX: LUN) that it says lacks adequate value and has a problematic structure. The mining company argues the cash and share proposal undervalues its high-grade…