Harena Archives

Nevsun Announces Further Exploration Drilling Results for Harena

September 23, 2014September 23, 2014TesfaNews3 Comments

By Nevsun Resources, NEVSUN Resources Ltd. (TSX:NSU / NYSE MKT:NSU) is pleased to announce exploration drilling results from the Harena Mining License located 10 kilometers south of the Bisha Mine and processing plant. The drilling was completed as part of the 2014 Bisha Regional Exploration program. Nevsun CEO Cliff Davis commented, “Our exploration program at Harena […]

Nevsun Announces Commercial Production on Bisha Copper Expansion

December 2, 2013December 2, 2013TesfaNews7 Comments

By Nevsun, Nevsun Resources Ltd. (TSX: NSU / NYSE MKT: NSU) is pleased to announce that the Bisha Mine in Eritrea has reached commercial production for the copper expansion with the successful commissioning of its flotation plant.

Nevsun Will Declare Commercial Production Within Six Weeks

November 22, 2013November 22, 2013TesfaNewsLeave a Comment

By Seeking Alpha, In this article, I’ll provide an update on Nevsun Resources (NSU) which is currently transforming itself from a low-cost gold producer into a mid-tier copper producer as its Bisha mine in Eritrea reaches the next development phase. I will give my view on the company’s Q3 financial results and its balance sheet […]

Nevsun Completes Copper Expansion Project

June 17, 2013June 17, 2013TesfaNews6 Comments

By Nevsun, Nevsun Resources Ltd. (TSX: NSU / NYSE MKT: NSU) is pleased to report the copper flotation circuit construction is complete at the Company’s Bisha mine in Eritrea. The copper expansion project was completed on time and will be under budget. The Company also reports that the decision has been made to process the precious […]

Nevsun 2013 Outlook and Production Guidance

January 23, 2013November 15, 2014TesfaNews9 Comments

By Nevsun, Nevsun Resources Ltd. (TSX: NSU / NYSE MKT: NSU) today announces its 2013 outlook for planned gold and copper production from the Bisha mine in Eritrea. The Bisha mine, operated by Nevsun’s 60 percent owned subsidiary Bisha Share Mining Company (BMSC), is one of the highest grade open pit base metal deposits in […]

Nevsun Resources Ltd (NYSE: NSU) Posts Large Volume Increase, Hits $5.55

January 25, 2011February 18, 2014TesfaNewsLeave a Comment

Shares of Nevsun Resources Ltd (NYSE: NSU) saw unusually high trading volume on Monday. Approximately 1,289,741 shares changed hands during mid-day trading, an increase of 50.78% from the previous session. The stock last traded at $5.55. Nevsun Resources Ltd. and its subsidiaries are in the mineral property exploration and development business in Africa. The principal […]