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Last Post: 12/7/2017 10:44:38 PM - Followers: 44 - 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: Report of Foreign Issuer (6-k) 12/12/2017 11:31:41 AM
NSU News: Nevsun Declares Fourth Quarterly Dividend of 2017 12/12/2017 07:50:00 AM
NSU News: Nevsun Declares Fourth Quarterly Dividend of 2017 12/12/2017 07:50:00 AM
NSU News: Report of Foreign Issuer (6-k) 12/06/2017 11:42:50 AM
NSU News: Report of Foreign Issuer (6-k) 12/06/2017 11:35:10 AM
PostSubject
#662   Totally. Another buying oppt for anyone with Fangster 12/07/17 10:44:38 PM
#661   Oversold barttt 12/07/17 02:32:26 PM
#660   TD AMERITRADE also put a buy on this Fangster 11/01/17 07:35:06 PM
#659   I’m sure he’s smart not suggesting otherwise. Fangster 11/01/17 07:34:02 PM
#658   thanks, the mkt was way to negative on geodan 10/31/17 02:50:38 PM
#657   fangster, my concern is it has been too geodan 10/31/17 01:27:50 PM
#656   Nevsun Resources (TSE:NSU) (TSE:NSU) was upgraded by equities Zeroze2002 10/31/17 10:14:06 AM
#655   The video dives deeper into recent disclosures. Fangster 10/31/17 07:56:57 AM
#654   The SA article isn’t all that enlightening and Fangster 10/30/17 10:04:04 PM
#653   Video TodayOn NSU. Yes,and like last Q the geodan 10/30/17 07:44:48 PM
#652   Perfectly stated. However, the thing many don’t Fangster 10/28/17 10:22:38 AM
#651   * * $NSU Video Chart 10-27-17 * * ClayTrader 10/27/17 04:42:41 PM
#650   Timok Upper zone npv = 1.5 B @ Zeroze2002 10/26/17 05:47:09 PM
#649   As I was saying Zeroze2002 10/26/17 05:35:26 PM
#648   I believe that this drop is an attempt Zeroze2002 10/26/17 10:33:40 AM
#647   Unless there is truly something unexpectedly bad with Zeroze2002 10/26/17 10:11:29 AM
#646   I guess. I bought a little at $2.10 tsoprano-1 10/25/17 08:15:43 PM
#645   Poor expectations for Thursday? Or what barttt 10/24/17 05:34:49 PM
#644   Exactly. This will move nicely in time. Fangster 09/29/17 07:49:35 PM
#643   You already have 4% profit. Any time, look geodan 09/28/17 07:49:58 PM
#642   I just took a small 2,000 dollar position estreet7883 09/28/17 10:20:56 AM
#641   Agreed! This will require time. The Fangster 09/27/17 11:48:19 PM
#640   The problem is they have not put out geodan 09/26/17 08:01:07 PM
#639   Good insider buying as well!!! Fangster 08/29/17 06:31:11 PM
#638   There's been a lot of accumulation down here Fangster 08/24/17 11:39:42 AM
#637   Nice move today! Technical bounce or news leak? Zeroze2002 08/24/17 11:27:33 AM
#636   Short term - your correct. Long term Fangster 08/12/17 02:17:35 PM
#635   Just posting facts: NSU is a disaster ;) Emptyhead 08/11/17 10:17:23 PM
#634   I would have loaded, but had no available funds. bman 08/10/17 03:40:09 PM
#633   This is a steal at this level. Fangster 08/10/17 02:43:19 PM
#632   Anybody get anything under $2? I was barttt 08/10/17 12:35:19 PM
#631   Conf. Call shortly, Price bouncing. bman 08/10/17 10:06:36 AM
#630   That's what I see. It's not as barttt 08/10/17 08:36:36 AM
#629   I wonder if the market is reacting negatively bman 08/09/17 07:50:49 PM
#628   Yep, I first cut was painful initially but Fangster 08/09/17 07:48:49 PM
#627   Honestly I think that is a good idea. Zeroze2002 08/09/17 07:26:47 PM
#626   Yes Timok is the future. They don't want Zeroze2002 08/09/17 07:26:01 PM
#625   Yep, but they disclosed the Bisha news prior... Fangster 08/09/17 07:23:17 PM
#624   Wow down 15% ah Zeroze2002 08/09/17 06:09:54 PM
#623   3 articles NSU,Silver,Gold geodan 06/25/17 02:08:50 PM
#622   Thanks. I am happy to have bought more Zeroze2002 05/28/17 08:45:34 AM
#621   ... I think you know this though Fangster 05/26/17 11:13:04 PM
#620   When this story really begins to unfold, watch Fangster 05/26/17 11:12:24 PM
#619   Excellent call that was the bottom geodan 05/26/17 04:30:09 PM
#618   Patience is all that's required here... Fangster 05/06/17 11:01:36 PM
#617   Possible capitulation today finally Zeroze2002 05/04/17 05:18:44 PM
#616   I think the conference call was pretty good. Fangster 04/28/17 09:49:02 PM
#615   This is a steal at these prices but Fangster 04/27/17 11:21:27 PM
#614   VANCOUVER, April 27, 2017 /CNW/ - Nevsun Resources geodan 04/27/17 11:13:17 PM
#613   NAK wins big,NSU 2.59 Aftermarket? NSU geodan 04/11/17 07:54:03 PM
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