[miningmx.com] – PRIVATE equity firm, QKR, is considering a bid for Canadian firm Nevsun Resources which owns 60% of the Bisha gold, copper and zinc mine in Eritrea in East Africa, said Bloomberg News.
“Nevsun has recently received from various parties expressions of interest on a potential corporate transaction,’ the company said in a statement today. “Any discussions are at a preliminary stage and there is no certainty that any transaction will be completed. Management is not aware of a bid for the company.’
Bisha would be the second acquisition by QKR, funded by Qatar’s sovereign wealth fund and Poland’s richest man Jan Kulczyk, after its $110m purchase of AngloGold Ashanti’s Navachab mine in Namibia in July, said the newswire.
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