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Nevsun Resources Ltd (NSU)

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Last Post: 10/25/2016 5:40:46 PM - Followers: 30 - Board type: Free - Posts Today: 18

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.



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Current Price
Bid Ask Day's Range
NSU News: Report of Foreign Issuer (6-k) 10/17/2016 11:31:12 AM
NSU News: Nevsun Reports 6.4% Copper and 3.2 g/t Gold Over 248 Metres at Timok 10/17/2016 07:50:00 AM
NSU News: Nevsun Reports 6.4% Copper and 3.2 g/t Gold Over 248 Metres at Timok 10/17/2016 07:50:00 AM
NSU News: Report of Foreign Issuer (6-k) 10/07/2016 11:34:01 AM
NSU News: Nevsun Announces Q3 2016 Financial Results Release Date 10/07/2016 07:50:00 AM
#346   Thanks for info, geo. T tsoprano-1 10/25/16 05:40:46 PM
#345   Talked with company. 15 Drills running on Timok! geodan 10/25/16 05:07:26 PM
#344   Today is hard to explain. 4.5 cent geodan 10/25/16 04:09:46 PM
#343   NSU has bounced off this level 10 times geodan 10/25/16 02:32:54 PM
#342   Thanks, geo. plan on adding when I get tsoprano-1 10/25/16 01:43:26 PM
#341   MTO might get the award as worst run geodan 10/25/16 01:36:16 PM
#340   Conf, copper/zinc should really propel NSU, I bought geodan 10/25/16 01:34:27 PM
#339   T, I did buy some more STNG yesterday, geodan 10/25/16 01:26:13 PM
#338   Sold 40 shares at 17.45 yesterday and last geodan 10/25/16 12:33:31 PM
#337   T, Thanks for the response, I swear, every ConferredDiligence 10/25/16 11:27:40 AM
#336   I think a few are trying to get tsoprano-1 10/25/16 11:13:09 AM
#335   CD, that was year end they released. Of tsoprano-1 10/25/16 11:11:25 AM
#334   Another day deep in the red on buy ConferredDiligence 10/25/16 10:59:59 AM
#333   T, I just read that MTO released their ConferredDiligence 10/25/16 10:39:31 AM
#332   Copper up 5 cents today, zinc up 2.5. ConferredDiligence 10/25/16 10:20:42 AM
#331   I hear ya, I just had enough of ConferredDiligence 10/25/16 10:06:33 AM
#330   CD, just trying to warn Metanor people. Lot tsoprano-1 10/25/16 09:20:34 AM
#329   T, I can't believe you are still conversing ConferredDiligence 10/25/16 12:58:28 AM
#328   Producing at a loss. Most companies can do tsoprano-1 10/24/16 08:42:08 PM
#327   meaof results are out..hey! at least they are shotgun 10/24/16 01:22:59 PM
#326   T, Yeah, look out, from buy to hold, ConferredDiligence 10/24/16 12:55:41 PM
#325   Downgraded this morning by Canacord, I believe. They tsoprano-1 10/24/16 11:25:15 AM
#324   Surprise, surprise, Dow up, copper up, zinc up, ConferredDiligence 10/24/16 10:08:45 AM
#323   Have a small amount at a little loss. tsoprano-1 10/22/16 11:19:31 AM
#322   you're welcome. btw that pattern is called mytvsbroke 10/22/16 04:46:36 AM
#321   Cool, thanks. Will definatley keep that in geodan 10/21/16 10:12:52 PM
#320   rough cost- back in 2010 (over 6 years mytvsbroke 10/21/16 02:20:00 PM
#319   Talking about beaten up, STNG, was 11 18mns geodan 10/21/16 11:19:39 AM
#318   Oh, I am on to their ploys. Pump tsoprano-1 10/21/16 10:57:06 AM
#317   T, Metanor will likley put out a PR geodan 10/21/16 10:53:37 AM
#316   I have no idea, but big boys like geodan 10/21/16 10:52:15 AM
#315   I think there is always a period where tsoprano-1 10/21/16 10:50:59 AM
#314   TV, curious do you roughly know cost for geodan 10/21/16 10:48:54 AM
#313   TV, See you read Alpha. And BTUUQ is geodan 10/21/16 10:41:57 AM
#312   What are your latest impressions with regards to TGZ/TGCDF? ConferredDiligence 10/21/16 10:29:46 AM
#311   CD, I am not even sure what report tsoprano-1 10/21/16 10:15:36 AM
#310   T, I don't remember ever seeing Q2 financial ConferredDiligence 10/21/16 10:10:58 AM
#309   Agreed. And, frankly, I am scared to see tsoprano-1 10/21/16 09:30:03 AM
#308   Geo, thanks for your response, how many shares ConferredDiligence 10/21/16 09:12:45 AM
#307   That system can be set with different parameters mytvsbroke 10/21/16 05:01:01 AM
#306   M A N!! Dan you appear to have mytvsbroke 10/21/16 04:41:49 AM
#305   TV, looked into it geodan 10/21/16 03:12:13 AM
#304   DAN thanks for that. just watched your movie mytvsbroke 10/21/16 12:08:50 AM
#303   Hope I'm not wrong expecting much more because mytvsbroke 10/20/16 11:41:36 PM
#302   The 3D movie did show it as roundish geodan 10/20/16 10:51:28 PM
#301   Thanks Dan. When I looked @ F1 location mytvsbroke 10/20/16 10:34:53 PM
#300   No sir I don't know of a map mytvsbroke 10/20/16 09:59:14 PM
#299   078, 099, 108 are in the center of geodan 10/20/16 04:31:19 PM
#298   Here are the color DrillMaps OfNewHoles+OldHoles geodan 10/20/16 04:08:43 PM
#297   TV interesting thought. NSU may get bot out, geodan 10/20/16 01:40:10 PM