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Nevsun Resources Ltd (NSU)

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Last Post: 4/11/2017 7:54:03 PM - Followers: 39 - 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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Current Price
Bid Ask Day's Range
NSU News: Report of Foreign Issuer (6-k) 04/20/2017 11:32:19 AM
NSU News: Nevsun Completes Timok Upper Zone Infill Drilling and Provides Project Update 04/20/2017 07:50:00 AM
NSU News: Nevsun Completes Timok Upper Zone Infill Drilling and Provides Project Update 04/20/2017 07:50:00 AM
NSU News: Report of Foreign Issuer (6-k) 04/04/2017 11:32:05 AM
NSU News: Nevsun Extends Harena 150 Metres Beyond Current Resource and Identifies New Regional Targets from VTEM Survey 04/04/2017 07:50:00 AM
#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
#589   Geo, I got into CPLP after the SA tsoprano-1 02/27/17 11:53:59 AM
#588   Gold rally being discounted. geodan 02/27/17 10:28:47 AM
#587   For those that want high divvy only I geodan 02/27/17 10:24:31 AM
#586   Another reason to brag Zeroze2002 02/27/17 10:06:31 AM
#585   Agree Zero, I would have done it sooner geodan 02/27/17 10:03:48 AM
#584   Overreaction on Divvy, it is neutral financially, means geodan 02/27/17 10:01:01 AM
#583   Nevsun ReportsHighandUltra-High-Grade UpperZoneDrillResults at Timok geodan 02/27/17 09:56:42 AM
#582   Dividend slash should have been foreseeable. In the Zeroze2002 02/26/17 11:49:15 AM
#581   Exactly! I added twice in the last couple bman 02/25/17 09:22:27 PM
#580   Apparently the market didn't like the report. As tsoprano-1 02/24/17 09:45:54 AM
#579   T, I thought that .04 dividend was too ConferredDiligence 02/24/17 09:30:34 AM
#578   Thanks, CD. T tsoprano-1 02/24/17 09:26:47 AM
#577   Geo, very surprised to see NSU back under ConferredDiligence 02/23/17 10:28:09 PM
#576   Alpha article geodan 02/20/17 05:51:00 PM
#575   It is unique Conf. I am up geodan 02/16/17 09:46:04 PM
#574   Geo, Amazing that this company with their quality ConferredDiligence 02/16/17 04:21:19 PM
#573   3.27 aftmkt?? geodan 02/14/17 02:16:06 AM
#572   yes see several big holders. Just a geodan 02/13/17 05:52:27 PM
#571   Am I reading that right, 12%+ of the tsoprano-1 02/13/17 09:54:35 AM
#570   Is this the last test of the bottom? geodan 02/10/17 03:29:45 PM
#569   Before they bot Timok, which skews the number geodan 02/10/17 03:28:05 PM
#568   I agree the pe is the wrong valuation Zeroze2002 02/10/17 02:53:42 PM
#567   Another endorsement of NSU,81% gain geodan 02/03/17 11:04:49 AM
#566   And NSU had another good day. It geodan 01/26/17 12:06:39 AM
#565   Copper looks ready to break out of a Zeroze2002 01/25/17 03:54:00 PM
#564   3.32, the rally continues, maybe this time we geodan 01/25/17 01:31:16 PM