Nevsun Resources Ltd. (TSX: NSU) (NYSE MKT: NSU) is pleased to announce the updated mineral resource estimates effective December 31, 2016, for the Bisha, Harena and Asheli deposits in Eritrea. These updated resources form the first part of the annual year end mineral resource and mineral reserve statement for 2016. The updated mineral reserve estimate, currently in-progress, should be released in late May or early June 2017. Continue reading Nevsun Delivers Substantial Resource Growth at Bisha from 2016 Drilling
By Peter Arendas,
Nevsun Resources (NYSEMKT:NSU) is a copper producer whose valuation has long suffered for an increased political risk. Nevsun’s cornerstone asset, the copper-gold-zinc Bisha mine, is located in Eritrea, a country in eastern Africa that is known for a higher level of political risks. As a result, the market capitalisation of Nevsun Resources tends to be lower compared to its peers, although the company is able to remain profitable also at the current copper prices that are close to multi-year lows. Continue reading Nevsun is Hiding a Lot of Potential
By Nevsun Resources,
Nevsun Resources Ltd. (TSX:NSU / NYSE MKT:NSU) (“Nevsun” or the “Company”) is pleased to announce the updated mineral resource estimate effective December 31, 2015, for both the Bisha and Harena deposits. These updated resources form the first part of the annual year end mineral reserve and mineral resource statement for 2015. The updated mineral reserve estimate, currently in-progress, will be released in our Annual Information Form. Continue reading Nevsun Upgrades Mineral Resources Estimates in Eritrea
SHARES of Nevsun Resources (TSE:NSU) climbed to a five-month high beginning of this month and are expected to continue to rise.
One of the biggest contributing factors is how major economies such as China, USA and Russia impact commodity prices around the world.
For instance, the People’s Bank of China (PBoC) slashed interest rates for the third time in six months determined to fight deflation and support growth in the world’s second-largest economy. Continue reading Nevsun’s Share Price Surge to a 5-Month High
By Matthew Keevil,
IT’S pretty evident to industry observers that producer Nevsun Resources (TSX: NSU; NYSE-MKT: NSU) is sitting on a veritable cash generator at its Bisha copper-gold operation, 150 km west of Asmara, Eritrea. The company outperformed its production expectations at the mine in 2014, lowered cash costs and holds a strong balance sheet.
Nevsun also offers promising returns at the drill bit, with Bisha’s current reserve life surpassing estimates in early 2011. Continue reading Nevsun CEO Sees Next Flin Flon in Eritrea
NEVSUN Resources Ltd. (TSX: NSU) (NYSE MKT: NSU) (“Nevsun” or the “Company”) is pleased to announce the updated mineral resource estimate effective December 31, 2014, for the Bisha and Harena deposits.
These updated resources form the first part of the annual year end mineral reserve and mineral resource statement for 2014. The updated mineral reserve estimate will be released in our year end disclosure. Continue reading Nevsun Reports Huge Increase in Resources at Eritrea Mine