Tag Archives: base metal

Copper, Nickel and Zinc Won’t be Cheap for Long: Analyst

"I give the Eritrean government a lot of credit for establishing a well-defined and well-considered mining code that lays out exactly how the government will participate and the steps that need to be taken to move a project into production" - Mining analyst Stefan Ioannou
“I give the Eritrean government a lot of credit for establishing a well-defined and well-considered mining code that lays out exactly how the government will participate and the steps that need to be taken to move a project into production” – Mining analyst Stefan Ioannou. (Photo: Bisha Crushing and Crushed Ore Stockpile – Eritrea)

By The Mining Report,

HAYWOOD Securities Mining Analyst Stefan Ioannou says that increasing demand and near-term supply shortages make base metals a bargain that won’t last. In this interview with The Mining Report, Ioannou argues that juniors with good deposits and low costs are in a unique position to benefit, and lists several companies that look to do just that.  Continue reading Copper, Nickel and Zinc Won’t be Cheap for Long: Analyst

Commissioning Started for Copper Expansion Project at Bisha Mine

Some Copper production started

By Kin Communications inc.,

As Nevsun’s Copper Phase Expansion Project nears completion, we wish to draw your attention to some of the recent photos.

Construction is on budget and some commissioning work has been started, with Nevsun anticipating 60-80 million pounds of copper in 2013, and 200 million pounds in 2014.

Management looks forward to Bisha ranking as one of the highest-grade open-pit base metal deposits in the world.  Continue reading Commissioning Started for Copper Expansion Project at Bisha Mine

Nevsun Announces Share Repurchase Program

Nevsun will buy back up to 4 million shares worth C$14 million

By Nevsun Resources,

VANCOUVER, BC – Nevsun Resources Ltd. (TSX:NSU)(NYSE Amex:NSU)(the “Company“) announces the initiation of a common share repurchase program using the normal course issuer bid facility under Toronto Stock Exchange (“TSX”) rules.

Nevsun has received approval from the TSX to purchase up to 4,009,408 common shares of the Company, representing approximately 2% of the 200,470,415 common shares issued Continue reading Nevsun Announces Share Repurchase Program