By TesfaNews, NEVSUN Resources recently announced a new Volcanogenic Massive Sulphide (VMS) discovery 20 kilometres to the southwest of its operating Bisha Mine in Eritrea. We already knew the Bisha project was a VMS project and all VMS-projects occur in one large deposit (in this case the Bisha mine) but also contain several smaller satellite […]
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By Nevsun Resources, NEVSUN Resources Ltd. (TSX: NSU) (NYSE MKT: NSU) is pleased to provide an update on the Bisha zinc expansion project which will average over 100,000 tonnes (225 million pounds) of zinc and 24,000 tonnes (55 million pounds) of copper per year for 10 years after start up in mid-2016. The zinc expansion […]
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By Nevsun, NEVSUN Resources Ltd. (TSX:NSU) (NYSE MKT: NSU) (Nevsun or the Company) today reports that the Bisha processing plant successfully restarted on March 26 after completion of both the ball mill and the tailings thickener repairs. The processing plant had been offline since the March 13, 2015, announcement when the ball mill gear box […]
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By Value Sniper, NEVSUN Resource (NYSEMKT:NSU) is operator of the Bisha mine. It is one of the highest grade open pit copper mines in the world. The Bisha mine is located in Eritrea. Due to its high grade, it has one of the lowest operating cash cost in the entire industry. In fact, the mine […]
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By Nevsun, NEVSUN Resources Ltd. today reports that the processing plant at the Bisha Mine has been temporarily shut down due to a mechanical issue with the ball mill. The Company believes this temporary shutdown will not negatively impact its 2015 annual production guidance but may take approximately two weeks to resolve.
Continue ReadingBy 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 […]
Continue ReadingBy Nevsun, Nevsun Resources Ltd. (TSX:NSU / NYSE Amex:NSU) is pleased to report its financial and operating results for the first quarter of 2013. Unless otherwise noted, with the exception of earnings per share and cash cost per ounce figures, all results are in thousands of US dollars. This release should be read in conjunction with […]
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Money from the sale of its Mogoraib Exploration license will enable NGEx Resources to develop its remaining deposit in Kerkebet BY NEVSUN Nevsun Resources Ltd. (TSX: NSU / NYSE MKT: NSU) (“Nevsun”) is pleased to announce that the Bisha Mining Share Company (“Bisha”), a 60% owned subsidiary of Nevsun, has entered into an agreement (the “Agreement”) […]
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