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Last Post: 12/8/2016 9:09:32 PM - Followers: 36 - Board type: Free - Posts Today: 0

Nevsun Ships Zinc 1st Time, 9-7-2016!  This will greatly boost revenue for NSU

Shipped the first zinc concentrate product from the 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 Bisha mine completed the zinc flotation plant expansion earlier in 2016 on-time and under-budget.  The plant allows Bisha to produce separate copper and zinc concentrates simultaneously from processing primary ore from the Bisha open pit mine. 

Cliff Davis , Nevsun CEO commented, "We are pleased to have a high quality zinc product coming to market in an environment of rising zinc prices.  Bisha is the only significant new zinc concentrate coming to market in 2016 and we are being aggressively courted for offtake by various customers. We would like to congratulate our partner, the State of Eritrea, for adding another export product to the economy and thank them for their support."

Nevsun is scheduled to load additional shipments in the coming weeks and is ramping up to commercial production which is forecast for Q4 2016. 

About Nevsun Resources Ltd.(NSU)

Nevsun Resources Ltd. (NSU) is the 60% owner of the high grade Bisha Mine in Eritrea.  Bisha has nine years of reserve life, generating revenue from both copper and zinc concentrates containing gold and silver by-products.  Nevsun has a strong balance sheet, no debt and pays a peer leading quarterly dividend. Nevsun is well positioned to grow shareholder value through exploration at Bisha and the newly acquired Serbian assets that include the high-grade copper-gold Timok Project.


http://www.nevsun.com/investors/presentation/2016-07-29-NSU-Corp-presentation-FINAL.pdf

http://www.nevsun.com/

 

 

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NSU News: Nevsun Declares Fourth Quarterly Dividend of 2016 12/09/2016 05:50:00 PM
NSU News: Nevsun Declares Fourth Quarterly Dividend of 2016 12/09/2016 05:50:00 PM
NSU News: Report of Foreign Issuer (6-k) 12/07/2016 11:30:27 AM
NSU News: Nevsun Reports Upper Zone Drill Results at Timok 12/07/2016 07:50:00 AM
NSU News: Nevsun Reports Upper Zone Drill Results at Timok 12/07/2016 07:50:00 AM
News News Alert: Nevsun Declares Fourth Quarterly Dividend of 2016 12/09/2016 05:50:00 PM
PostSubject
#514   NSU setting up very nicely here. I Fangster 12/08/16 09:09:32 PM
#513   NSU broke 6 year downtrendline at 3.37 :-) geodan 12/08/16 01:52:44 PM
#512   Might be worth more than $5, so anyone tsoprano-1 12/08/16 01:02:28 PM
#511   Now 3.44 :-) what a breakout!,and just as geodan 12/08/16 12:43:34 PM
#510   Now 3.40! just what I expected after 3.31 geodan 12/08/16 12:07:40 PM
#509   NSU strongly breaks out,InTheSunNow4MonthHigh3.36 geodan 12/08/16 11:48:00 AM
#508   Thanks T, and 70%? of investors do not geodan 12/08/16 11:29:31 AM
#507   Thanks geo. good to have someone that knows tsoprano-1 12/08/16 09:12:50 AM
#506   NSU is 3.32 aftermarket, TheRichOreToEdgeOfBody geodan 12/07/16 10:24:43 PM
#505   Another bullish article I missed from last Thursday: Why tsoprano-1 12/07/16 08:15:53 PM
#504   Excellent, thanks. T tsoprano-1 12/07/16 07:37:11 PM
#503   Zinc is the most important now, it will geodan 12/07/16 07:36:13 PM
#502   Geo, how important is zinc to NSU? I tsoprano-1 12/07/16 07:19:40 PM
#501   StockTA.com super bullish on NSU here geodan 12/07/16 03:48:02 PM
#500   NSU now 3.30, Breakout Zone geodan 12/07/16 02:46:49 PM
#499   Fantastic results. High grade gold and copper! Timok Zeroze2002 12/07/16 01:19:48 PM
#498   VANCOUVER , Dec. 7, 2016 /PRNewswire/ - Nevsun geodan 12/07/16 12:55:01 PM
#497   Holding. I will add a lot of shares Zeroze2002 12/07/16 09:53:17 AM
#496   Copper up 2.68+6cents! NSU profits and book geodan 12/05/16 04:51:23 PM
#495   I agree it's worth much more... Fangster 12/01/16 08:30:00 PM
#494   Nevsun Resources (NSU) Vancouver, Canada headquartered Nevsun Resources geodan 12/01/16 11:28:04 AM
#493   Something up on NSU? 3.22 Aftermarket? geodan 11/29/16 07:41:56 PM
#492   Hi Fanster, they do have the recovery rate geodan 11/29/16 05:54:41 PM
#491   No really, sure a buyer can purchase cheap Fangster 11/29/16 03:03:21 PM
#490   Think indeed it is Lundin holding back NSU,SoTheyCanTakeoverCheap geodan 11/29/16 12:18:57 PM
#489   "Big Seller"Explained? And SeekingAlpha article geodan 11/28/16 10:01:55 PM
#488   Geo, do you know if NSU hedges. Hopefully tsoprano-1 11/23/16 06:36:24 PM
#487   Thanks, CD. Long but worth it. Man, what tsoprano-1 11/23/16 06:34:46 PM
#486   Copper 2.62! Amazing boost to NSU profits. geodan 11/23/16 03:17:13 PM
#485   Here you go... ConferredDiligence 11/23/16 03:15:12 PM
#484   Very interesting, but no link. On his geodan 11/23/16 02:56:09 PM
#483   Understanding Elections, Gold & The US Dollar Via ConferredDiligence 11/23/16 12:57:44 PM
#482   Indeed. The technicals and fundamentals are coming together Zeroze2002 11/23/16 11:26:53 AM
#481   Zero, What have been waiting for for months geodan 11/23/16 11:18:01 AM
#480   We are nearing an attack on the 5 Zeroze2002 11/23/16 11:15:34 AM
#479   NSU Big BreakOut $3.23Close+5% 2.14MillionShares geodan 11/22/16 05:19:51 PM
#478   Yep,Just Noticed,NSU BreaksOutTo$3.20 OnNewDrillReport :-) geodan 11/22/16 12:22:42 PM
#477   Geo, may get your $3.15+ close and million shares. T tsoprano-1 11/22/16 12:10:18 PM
#476   Big seller may be gone. She is ready Zeroze2002 11/22/16 11:10:56 AM
#475   Copper 2.52 NSU 3.06 +4% Rationality finally? geodan 11/21/16 10:56:41 AM
#474   Hi Fangster, 2 weeks ago on Nov geodan 11/17/16 09:48:52 PM
#473   I don't think you had the issue cornered Fangster 11/17/16 07:39:17 PM
#472   T, Great article, I sold my remaining copper geodan 11/17/16 02:55:46 PM
#471   Geo, good article on copper: Copper Has 40%-Plus Upside... tsoprano-1 11/17/16 02:39:09 PM
#470   Big Seller still there, I bot more today. geodan 11/16/16 01:10:52 PM
#469   Like your plan mytvsbroke 11/16/16 10:29:16 AM
#468   Yep, this stock is going to run hard Fangster 11/15/16 09:50:12 PM
#467   Just did it, 3.11 Breakout Pivot Point. geodan 11/15/16 01:03:15 PM
#466   KGILF just rejected a $20 offer for their shotgun 11/13/16 05:33:23 PM
#465   Yes it is me. Quite a few geodan 11/13/16 02:26:19 PM
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