Nevsun Resources Ltd.

11:25 AM EST - Nevsun Resources Ltd. : And Zijin Mining Group Co. Ltd. today announced that the parties have entered into a definitive agreement pursuant to which Zijin will make a takeover bid to acquire all of the issued and outstanding shares of Nevsun for $6.00 per share in cash. The Offer is valued at $1.86 billion. Nevsun Resources Ltd. shares T.NSU are trading up $0.86 at $5.80.