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Nevsun Resources Ltd (NSU)

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Last Post: 8/29/2017 6:31:11 PM - Followers: 43 - 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.



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NSU News: Amended Report of Foreign Issuer (6-k/a) 09/22/2017 12:58:03 PM
NSU News: Frazer Bourchier Steps Down as Nevsun Chief Operating Officer (AMENDED) 09/22/2017 12:34:00 PM
NSU News: Frazer Bourchier Steps Down as Nevsun Chief Operating Officer (AMENDED) 09/22/2017 12:34:00 PM
NSU News: Report of Foreign Issuer (6-k) 09/22/2017 11:31:40 AM
NSU News: Frazer Bourchier Steps Down as Nevsun Chief Operating Officer 09/22/2017 08:25:00 AM
#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
#612   MoreCopper/Gold/Silver/Zinc VANCOUVER, April 4,- Nevsun Resources Ltd.(NSU) ("Nevsun" geodan 04/04/17 03:22:21 PM
#611   Taylor from SA. Gotcha. Brain fart. T tsoprano-1 04/04/17 02:52:15 PM
#610   Taylor? And, yes that was a typo. Should tsoprano-1 04/04/17 02:45:59 PM
#609   T, As of now Taylor and I are geodan 04/04/17 02:42:25 PM
#608   Thanks for article. Decided to follow him. He tsoprano-1 04/03/17 08:30:38 PM
#607   T Great Gold Price article, compelling that we geodan 04/03/17 06:59:31 PM
#606   Hope your right. BWMG has been acting very tsoprano-1 03/30/17 11:36:01 PM
#605   yes, find a billion pounds of copper and geodan 03/30/17 11:16:30 PM
#604   News for 'NSU' - (DJ Nevsun Resources Price patentminer2013 03/24/17 03:09:46 PM
#603 JB3729 03/24/17 11:48:28 AM
#602   Unbelievable. This has to make you scratch your tsoprano-1 03/23/17 01:47:47 PM
#601   Folks that is ANOTHER Billion Pounds of Copper geodan 03/23/17 11:19:58 AM
#600   Nevsun Delivers Substantial Resource Growth at Bisha from geodan 03/23/17 11:11:36 AM
#599   Strongest 2 day rally since was 3.20 geodan 03/13/17 01:13:07 PM
#598   IVPAF (IVN.TO), another miner that has been beat JB3729 03/12/17 10:22:34 AM
#597   best day since bad news +3.4% geodan 03/10/17 02:26:49 PM
#596   T, check out presentation, been buying that geodan 03/10/17 12:14:32 PM
#595   T, I think buyout much more likely than geodan 03/10/17 12:12:53 PM
#594   Geo, you can check other MB for my tsoprano-1 03/10/17 12:01:40 PM
#593   Just about worst case happened. The divvy geodan 03/10/17 11:56:47 AM
#592   Geo, what do you think of this debacle? tsoprano-1 03/07/17 07:30:02 PM
#591   Just an FYI here: don't know if any Tweetybird 03/02/17 09:59:57 AM
#590   Yes T, and I have picked up quite geodan 02/27/17 08:32:59 PM