Tag Archives: Mining Boom

Nevsun Announces First Ocean Shipment for Copper

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

Sunridge Gold Announces $837m NPV Feasibility Study for the Asmara Project

Sunridge Gold will commence initial production on the four deposits (Asmara Project) in mid-2015

By Sunridge Gold,

Sunridge Gold Corp. (SGC:TSX.V/SGCNF:OTCQX) is pleased to announce the completion and positive results of an independent feasibility study (the “Study“) by lead engineer SENET (Pty) Ltd. (“SENET”) for its Asmara Project in Eritrea.

The Study demonstrates that the mining of all four advanced deposits that make up the Asmara Project (Emba Derho, Adi Nefas, Gupo Gold and Debarwa) and processing of the ore near the large Emba Derho deposit is economically robust with a Net Present Value (“NPV”) of $837 million. The Study outlines a three-phase staged start-up mining plan which would initiate production almost one year earlier than was envisaged in the prefeasibility study. Continue reading Sunridge Gold Announces $837m NPV Feasibility Study for the Asmara Project