Largest Copper Shipment Leaves Eritrean Port of Massawa

Development News
Bulk carrier Supramax M.V. Spar Gemini departed from Massawa Ore Concentrate Terminal with 34,264 MT of Copper Concentrates from the Eritrean Bisah Mine
Bulk carrier Supramax M.V. Spar Gemini departed from Massawa Ore Concentrate Terminal with 34,264 MT of Copper Concentrates from the Eritrean Bisah Mine

By CapitalEritrea,

NORWEGIAN registered bulk vessel Supramax M.V. Spar Gemini departed Massawa, Eritrea with 34,264 MT Copper Concentrates from the Eritrean Bisah Mine, according to company sources.

This is the largest shipment to date being loaded on approximately 4 days dispatch, and 100% with locally trained crane operators from Eritrea.

The shipment belongs to Nevsun Resources Ltd., a Vancouver-based mining company with an operating mine in Eritrea.

Nevsun’s 60%-owned Bisha Mine commenced commercial copper concentrate production in December 2013 and ranks according to the company as one of the highest grade open pit copper mines in the world.

The shipment left Massawa exactly after 12 months of successful shipping operations at the Bisha Mine.

The  first ever shipment of copper concentrates from Eritrea was in October 2013. The mining company announced yesterday that it will report its financial and operational results for Q3 on Thursday, October 30, 2014.