By Nevsun Resources, OVER the past week the Bisha process plant has had power supply issues with its third party power plant, causing a temporary halt in concentrate production. Mining operations continue at full capacity and Bisha continues to truck and export stockpiled concentrates.
Continue ReadingBy Michael Curran (Beacon Securities Ltd.), WE are initiating coverage of Sunridge Gold Corp. (SGC-V) with a BUY rating and a 12-month target price of $0.55/sh. Sunridge’s Asmara Project looks to be a robust project capable of generating significant cash flows over a 17-year mine life. Annual production is forecast to average 65 million pounds (29Kt) of […]
Continue ReadingBy Sunridge Gold, SUNRIDGE GOLD Corp. (the “Company” or “Sunridge”) (SGC: TSX.V/SGCNF: OTCQX) is pleased to report that the recent signing of the shareholder agreement with the Eritrean National Mining Corporation (“ENAMCO”) has accelerated activities on the Asmara copper-zinc-gold project (the “Asmara Project“) so that subject to permitting and funding the Asmara Project is on […]
Continue ReadingBy Nevsun, Nevsun Resources Ltd. (TSX:NSU) (NYSE MKT:NSU) (Nevsun or the Company) is pleased to announce strong production results of 48 million pounds of copper in the second half of 2013 with 36 million pounds produced in the fourth quarter ended December 31.
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