Tag Archives: Massawa Ore Terminal

Nevsun Completes Switch to Zinc

By Frik Els | for Mining.com,

Nevsun Resources (TSX:NSU) (NYSE MKT:NSU) announced on Friday that it has sold and shipped the first zinc concentrate product from its Bisha mine in Eritrea.

The ten thousand tonne lot was loaded at the Port of Massawa and sailed on September 7, 2016. The concentrate was sold on the spot market, attracting multiple offers and highly competitive treatment charges, the company said in a statement. Continue reading Nevsun Completes Switch to Zinc

Nevsun: Bisha Zinc Project 90% Complete

By Nevsun,

Nevsun Resources Ltd. (TSX:NSU / NYSE MKT:NSU) is pleased to advise that the Bisha Mine zinc expansion project (the “Project”) is on schedule and well under budget. The Project is on-track for ore commissioning in mid-Q2 2016 (May – June) and commercial production later in 2016. Continue reading Nevsun: Bisha Zinc Project 90% Complete

Danakali – A Potash Miner to Watch

Danakali’s Colluli potash project in Eritrea is an absolute game changer with a unique and unrivalled potash deposits.

By CapEri,

Danakali (ASX:DNK) shares are signaling bullish signs as the last trading week of 2015 comes to an end. The short-term price trend outperforms the long term since shortly before Christmas with a share price development of + 0.02 (7.41%) closing at 0.29-cent AUD.

This leaves the price at half the level of a 12-month price target set by some investment analysts and the list of indications that the price target could be outperformed is increasing.

The company’s recent Definitive Feasibility Study (DFS) revealed improved economics of the Colluli potash project confirming a Phase 1 development capital reduction of 30%.  Continue reading Danakali – A Potash Miner to Watch

Nevsun Provides Update on its $92m Zinc Expansion Project

By Nevsun Resources,

NEVSUN Resources Ltd. (TSX: NSU) (NYSE MKT: NSU) is pleased to provide an update on the Bisha zinc expansion project which will average over 100,000 tonnes (225 million pounds) of zinc and 24,000 tonnes (55 million pounds) of copper per year for 10 years after start up in mid-2016.

The zinc expansion project adds zinc flotation capacity to the Bisha processing plant. This zinc flotation plant floats zinc concentrate after existing copper flotation, enabling the production of two products: zinc and copper concentrate as required to process primary ores.  Continue reading Nevsun Provides Update on its $92m Zinc Expansion Project

Nevsun Announces First Ocean Shipment for Copper

Copper concentrate Loading Operation Details Concentrate Loading, Weighing, Truck Wash and Departure to Concentrate Ore Terminal located at Massawa Port

By Nevsun,

Nevsun Resources Ltd. (TSX: NSU / NYSE MKT: NSU) is pleased to announce the first shipment of 11,000 tonnes of pre-commercial production copper concentrate from the new Bisha copper plant. Commissioning and ramp up in mill throughput continues with commercial production on track for late 2013 or Q1 2014.  Continue reading Nevsun Announces First Ocean Shipment for Copper