Tag Archives: bisha gold

Nevsun Exceeds Production Guidance and Extends Gold Production

Nevsun is in transition from a gold miner to  pretty rich base metals miner
Nevsun is in transition from a gold miner to a pretty rich base metal miner

By Nevsun,

Nevsun Resources Ltd. (TSX:NSU / NYSE MKT:NSU) is pleased to announce strong production results of 313,000 ounces [8,873 kg] of gold for 2012 with 46,000 ounces in the quarter ended December 31, 2012. Gold production for 2012 exceeded the top end of the latest guidance.

Bisha gold production is again extended and is now anticipated to continue to the end of Q2 2013, aligning well with the planned commissioning of the copper expansion project.  Continue reading Nevsun Exceeds Production Guidance and Extends Gold Production

2132Kg of Gold Worth $131m Produced in the First-Quarter: Nevsun

This year, Nevsun expects a total production of 200,000 oz of gold worth $320m (@$1,600/oz)

By Stephan Bogner,

Yesterday the 5-cent “eligible dividend” paying Nevsun Resources Ltd. (TSX/AMEX: NSU) published production results of the first quarter 2012 from its Bisha Mine in Eritrea, East Africa.

In the first 3 months of 2012, a total of 82,000 ounces were mined and sold representing $131 million (at a gold price of $1,600). Continue reading 2132Kg of Gold Worth $131m Produced in the First-Quarter: Nevsun