By Resource Reports, With almost $600 million in the bank, NSU has cash to back 80% of its share price. And it pays a dividend. And it’s expanding its profitable mine. Investors are taking note: Nevsun has outperformed the S&P/TSX Capped Diversified Metals & Mining Index by 40% since June. The big resource picture is […]
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By TesfaNews, AN ETHIOPIAN rebel group today warned a Chinese firm against natural gas exploration in the Somalia region of Ogaden. The Ogaden Liberation Front (ONLF) accused the Chinese company of partnering with the Ethiopian government to illegally exploit resources of the Somalia region of Ogaden in addition to providing surveillance and funds for the […]
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By ANSAmed, THE first-ever summit for the Red Sea oil and gas sector held Monday and Tuesday in Dubai focused on investment, exploration and energy production opportunities. A strategic transit point between Asia, Africa and Europe, the coasts between the Suez Canal and the Aqaba Gulf are also rich in hydrocarbons and untapped potential.
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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 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 […]
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By Nevsun, VANCOUVER based mining company Nevsun Resources Ltd. has updated their Corporate Presentation, providing additional focus on exploration potential at the Bisha Mine. The Bisha mine is one of the highest grade open pit base metal deposits in the world.
Continue ReadingBy Giles Gwinnett, ORTAC Resources (LON:OTC) has unveiled encouraging results from trenching work at the Yacob Dewar deposit in Eritrea. Exploration partner Andiamo carried out the work and the first batch of assays confirmed high grade, near surface, oxide copper mineralisation over a 400m strike length, Ortac said. The strike is still open to the north […]
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