By Mining Weekly, THE Bisha Mining Share Company, which is 60% owned by TSX-listed miner Nevsun, is expected to produce between 160-million and 175-million pounds of copper in concentrate this year. This was lower than the 196-million pounds of copper in concentrate the company produced in 2014 against guidance of 180-million to 200-million pounds.
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By Nevsun, NEVSUN Resources Ltd. (TSX:NSU / NYSE MKT:NSU) announces its 2015 corporate objectives including copper production and capital allocation guidance for the Company. The Bisha Mine, operated by Nevsun’s sixty percent owned subsidiary Bisha Mining Share Company (BMSC) is one of the highest grade open pit base metal deposits in the world and has […]
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By Nevsun Resources, NEVSUN Resources Ltd. (TSX:NSU) (NYSE MKT:NSU) is pleased to confirm strong Q4 2014 production results which ensured we achieved our 2014 annual production guidance. The 2014 highlights includes: Exceeded 21.6 million hours without a lost time injury (now over 3 years without an LTI); Produced 196 million pounds of copper in concentrate […]
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By Seeking Alpha, NEVSUN Resources (NYSEMKT:NSU) is the operator and 60% owner of the Bisha mine, which is one of the highest grade open pit copper mines in the world with copper equivalent grades higher than 4%. With $380 million cash in the bank, zero debt, and operating cash flow estimated between $280+ million for […]
Continue ReadingBy TesfaNews, BISHA Mining Share Company (BMSC) is advancing with its zinc expansion project in Eritrea with a target start-up in Q4 2015. The Bisha Main deposit is a high grade VMS deposit. It is configured in three distinct layered zones – a 35m thick surface gold-silver oxide zone (mined out in mid-2013) immediately overlying […]
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By Kip Keen (Mine Web), MUCH of Nevsun’s drilling in Eritrea this year – as part of a vastly expanded drill program – has concentrated on the Harena deposit, the near-surface parts to which it mined early on as part of its Bisha mine. After recent drilling, the steeply dipping deposit, now shows that it […]
Continue ReadingBy Frik Els, NEVSUN Resources (TSE:NSU) stock jumped as much as 4.4% out of the gate on Friday after releasing third quarter results that beat expectations thanks to strong cash flows and high grade throughput at its Bisha mine in Eritrea. By early afternoon the Vancouver-based company had given up some of the gains to change […]
Continue ReadingBy Nevsun Resources Ltd., NEVSUN Resources Ltd. (TSX:NSU / NYSE MKT:NSU) (Nevsun or the Company) is pleased to report its financial and operating results for the three and nine months ended September 30, 2014. Unless otherwise noted, with the exception of earnings per share and realized copper price and cost per pound figures, all financial […]
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