By Nevsun, Nevsun Resources Ltd.(TSX:NSU / NYSE Amex:NSU) is pleased to announce strong production results of 87,000 ounces of gold for the quarter ending June 30, 2012 [April-June]. Gold production in the quarter was above expectations due to higher than anticipated grades in portions of the transitional oxide zone. We reiterate our revised full year […]
Continue ReadingBy 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 ReadingBy Nevsun, Nevsun Resources Ltd. (TSX:NSU / NYSE Amex:NSU) is pleased to report its financial and operating results for 2011. In that year, the Company recorded $548 million in revenues for the year on sales of 369,900 ounces of gold for an average realized price $1,620 per ounce. With 379,000 ounces produced, gold production averaged approximately 1,000 ounces per […]
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