Highlights Bisha tenements indicated resources of contained copper increases by 22% to 1.4 billion pounds Bisha tenements indicated resources of contained zinc increases to 3.2 billion pounds Bisha pit supergene contained copper increases 1% in probable reserve, even after 2013 depletion All deposits remain open to further resource [...]
2014 OBJECTIVES Maintain industry leading safety performance at Bisha operations Execute on social and environmental commitments Produce 180 to 200 million pounds of copper Achieve C1 cash costs in industry lowest quartile Publish increased resource and reaffirm reserve estimate Execute regional exploration program Push forward [...]
VANCOUVER, Jan. 27, 2014 /CNW/ - Nevsun Resources Ltd. (TSX: NSU)(NYSE MKT: NSU) ("Nevsun") is very pleased to announce it has hired Tom Whelan as its Chief Financial Officer. CEO Cliff Davis commented: "We are particularly happy that we have attracted such a high calibre individual. Tom provides additional depth to our management team and [...]
VANCOUVER, Jan. 9, 2014 /CNW/ - 2013 HIGHLIGHTS Exceeded 15 million hours without a lost time injury Completed the copper expansion project on-time and under budget Achieved commercial production of copper plant on schedule Produced 48 million pounds of copper in concentrate against guidance of 30 to 50 million pounds Produced 92,000 [...]
VANCOUVER, Jan. 6, 2014 /CNW/ - Nevsun Resources Ltd. (TSX:NSU)(NYSE MKT:NSU) is pleased to announce the final assay results from the 2013 resource definition drilling program at the Northwest Zone poly-metallic massive sulphide deposit, located 2 kilometers from the Bisha processing plant within the Bisha mining license. HIGHLIGHTS Highly [...]
VANCOUVER, Jan. 2, 2014 /CNW/ - Nevsun Resources Ltd. (TSX: NSU) (NYSE MKT: NSU) (the "Company") is pleased to announce the appointment of Mr. Ian R. Ashby as an independent director, bringing the number of directors of the Company to six. Mr. Ashby most recently held the position of President - Iron Ore for BHP Billiton Ltd. between 2006 and [...]
VANCOUVER, Dec. 2, 2013 /CNW/ - 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. Since commissioning commenced in early Q3, the operation has produced approximately 60,000 tonnes of [...]
VANCOUVER, Nov. 18, 2013 /CNW/ - Nevsun Resources Ltd. (TSX:NSU) (NYSE MKT:NSU) is pleased to announce diamond drill results from an eight hole 2,713 meter in-fill resource definition drilling program completed in 2013 at the Hambok poly-metallic massive sulphide deposit, located 16 kilometers southwest from the Bisha Mining Share Company (BMSC [...]
VANCOUVER, Nov. 14, 2013 /CNW/ - Nevsun Resources Ltd.. (TSX: NSU) (NYSE: NSU) (Nevsun or the Company) is pleased to advise that its Board of Directors has declared a semi-annual cash dividend of US$0.07 per common share (US$0.14 per common share annually). The dividend is payable on January 15, 2014, to shareholders of record as of the close of [...]
VANCOUVER, Nov. 7, 2013 /CNW/ - Nevsun Resources Ltd. (TSX:NSU) (NYSE MKT:NSU) is pleased to report its financial and operating results for the third quarter of 2013. Unless otherwise noted, with the exception of earnings per share, all results are in thousands of US dollars. This release should be read in conjunction with [...]
VANCOUVER, Oct. 30, 2013 /CNW/ - Nevsun Resources Ltd. (TSX:NSU) (NYSE MKT:NSU) is pleased to announce commissioning of the new copper flotation plant is progressing well with continued production of saleable copper concentrate and commercial production expected before the end of year. HIGHLIGHTS Commercial production now expected before the [...]
VANCOUVER, Oct. 29, 2013 /CNW/ - Nevsun Resources Ltd. (TSX:NSU / NYSE MKT:NSU) plans to release its third quarter 2013 financial results on Wednesday November 7, 2013, after market with a conference call to follow on Friday, November 8, 2013 at 8AM Vancouver / 11AM Toronto, New York / 4PM London. North America: 1 888-390-0605 / +1 416-764-8609 [...]