Nevsun CFO Resigns

In a terse, 101-word announcement, Vancouver-based and Eritrea-operating gold-mining company Nevsun Resources (NYSEMKT: NSU  ) announced the departure of its CFO on Wednesday.

As Nevsun described it, Chief Financial Officer Fausto Taddei has resigned "with immediate effect to pursue other business opportunities." A replacement is being sought, but in the meantime, the company's former CFO -- now President and Chief Executive Officer -- Cliff Davis will serve as acting CFO in addition to performing his other duties.

Nevsun shares had risen 2.8% in Wednesday trading, closing at $3.61, before the resignation was announced. 


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