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 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 (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.
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.