China’s Zijin clears last regulatory condition for $1.4B Nevsun takeover

Canada’s Nevsun Resources (TSX, NYSEMKT:NSU) said Tuesday that Zijin Mining had received approval from Chinese and Canadian authorities for its proposed friendly $1.41 billion-takeover bid of the Vancouver-based miner. Both the go-ahead granted by China’s State Administration of Foreign Exchange (SAFE)...