Nevsun hikes FY14 earnings

TSX- and NYSE-listed Nevsun Resources posted earnings a share of $0.47 for the 2014 financial year, a rise on the $0.06 reported in the prior period. As the Vancouver-based mining company reported a substantial rise in revenue from $155-million in the 2013 financial year to $555-million in the year under review, a 14% rise in dividend to $0.16 a share was announced by CEO Cliff Davis on Friday.