Tag Archives: Harena deposits

Nevsun Sees Bright Future at Bisha in Eritrea

bisha mine in Eritrea
Nevsun’s 60%-owned Bisha Mine ranks as one of the highest grade open pit copper mines in the world.

By The Northern Miner,

It’s a transformative year for Nevsun Resources (TSX: NSU; NYSE-MKT: NSU), as the company and its 40% joint-venture partner, Eritrean National Mining, remain on schedule and under budget to complete a zinc expansion project this May at their Bisha open-pit copper-zinc mine, 150 km west of Asmara in Eritrea.

The zinc circuit’s updated capital cost has been updated to US$80 million, or US$20 million under budget. It will be used to process primary zinc ore as mining at Bisha moves below the supergene horizon and into the zinc-rich part of the volcanogenic massive sulphide (VMS) deposit. Continue reading Nevsun Sees Bright Future at Bisha in Eritrea