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Last Post: 9/23/2016 6:26:18 PM - Followers: 29 - 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: Securities Registration (dividends, Foreign Issuer) (f-3d) 09/20/2016 05:31:00 PM
NSU News: Report of Foreign Issuer (6-k) 09/19/2016 04:32:52 PM
NSU News: Nevsun Declares Third Quarterly Dividend of 2016 and Approves Dividend Reinvestment Plan 09/19/2016 08:12:00 AM
NSU News: Nevsun Declares Third Quarterly Dividend of 2016 and Approves Dividend Reinvestment Plan 09/19/2016 08:12:00 AM
NSU News: Report of Foreign Issuer (6-k) 09/12/2016 12:16:39 PM
PostSubject
#230   I'm long NEVSUN so don't get me wrong Fangster 09/23/16 06:26:18 PM
#229   New Alpha NSU-Article $5 Billion Profits geodan 09/23/16 11:31:25 AM
#228   looks like from Jan to July that half mytvsbroke 09/16/16 03:51:56 PM
#227   Thanks Dan, mtv mytvsbroke 09/16/16 03:39:53 PM
#226   Thanks geo. T tsoprano-1 09/16/16 11:00:10 AM
#225   Nevsun Is In The Zinc Sweet Spot geodan 09/16/16 02:53:53 AM
#224   AmericanBulls puts buy signal on NSU today geodan 09/15/16 08:39:48 PM
#223   Wow-Copper 5.5 cents up for day-Commentary geodan 09/14/16 11:39:21 AM
#222   Copper up 4cents in morn, very big move. geodan 09/14/16 10:56:52 AM
#221   METALS-Copper hits three-week high on China data, Fed comments geodan 09/13/16 06:08:50 PM
#220   zinc is only selling for $1.04 a pound..that shotgun 09/12/16 08:52:03 PM
#219   Shotgun,if I was you would sell NSU its geodan 09/12/16 02:26:02 PM
#218   back in April NSU was $3.60, now with shotgun 09/09/16 07:09:06 PM
#217   good news but the sp has remained static. shotgun 09/09/16 10:17:32 AM
#216   Nevsun Ships Zinc 1st Time, 9-7-2016! This geodan 09/09/16 01:04:54 AM
#215   1 year chart, NSU is in an uptrend, geodan 09/08/16 04:41:43 PM
#214   Thanks, over the weekend I decided I'd mytvsbroke 09/05/16 03:30:59 PM
#213   Broke, can only point you in direction of geodan 09/05/16 01:41:39 PM
#212   Dan, how much zinc are they planning to mytvsbroke 09/04/16 01:44:28 AM
#211   NSU made extra $300 million in last month geodan 09/02/16 08:23:33 PM
#210   Thanks Geo. T tsoprano-1 08/31/16 09:01:18 PM
#209   Nevsun Is Hiding A Lot Of Potential geodan 08/31/16 07:43:39 PM
#208   New SA article out on Nevsun. Obviously bullish. tsoprano-1 08/31/16 04:17:41 PM
#207   Zinc continues up, NSU outperforming copper, likley 2 geodan 08/31/16 12:57:53 PM
#206   zinc up 30% in last 6months, perfecttiming as geodan 08/22/16 10:25:17 PM
#205   grabbed more at 3.09 today, already have decent geodan 08/22/16 03:00:33 PM
#204   First real green candle in 8 days today. geodan 08/11/16 02:25:37 PM
#203   Thanks for the chart, one of these days, geodan 08/10/16 02:13:00 PM
#202   NSU bullish 3.19 stocktrademan 08/10/16 10:23:13 AM
#201   Hi T, think 2 new SA articles up, geodan 08/04/16 03:11:34 PM
#200   New SA article out on NSU. Update actually. tsoprano-1 08/02/16 07:49:02 PM
#199   Oh I hear ya. Sorry for confusion as Tweetybird 08/02/16 03:58:41 PM
#198   overcorrection, bot at 3.32 geodan 08/02/16 02:50:51 PM
#197   Tweety? gold is up, a lot, not down geodan 08/02/16 02:49:14 PM
#196   Copper and zinc up a little, gold ... Tweetybird 08/02/16 01:41:48 PM
#195   Zinc is up 50% Chart geodan 08/01/16 07:16:07 PM
#194   Yep, its the hottest miner last 2 days+LINK+TEXT geodan 08/01/16 12:50:02 PM
#193   10,000@$3.89 pre market? Almost 30,000 traded and only 7:35? Wow. T tsoprano-1 08/01/16 08:36:18 AM
#192   News last week was solid... always appreciated NSU. Pro-Life 07/31/16 12:03:48 PM
#191   New SA article out. Very bullish. Sorry, but tsoprano-1 07/31/16 10:01:27 AM
#190   3.39 gap and run, Copper spike? geodan 07/29/16 11:46:00 AM
#189   3.37 Now 10% gain :-) geodan 07/29/16 11:05:39 AM
#188   NSU shot out of canon today, 3.30 now+7% geodan 07/29/16 10:12:57 AM
#187   Buying at 3.25 pre market. That seems aggressive. T tsoprano-1 07/29/16 09:04:45 AM
#186   That would be nice - fer sure - MRDALE 07/29/16 12:15:01 AM
#185   I overlap 100% with you on the 4. geodan 07/28/16 11:50:32 PM
#184   Have a gr8 nite!!! www.compustarltd.com/wp-content/uploads/2015/11/welcome.png MRDALE 07/28/16 11:05:45 PM
#183   Thanks. T tsoprano-1 07/28/16 10:54:29 PM
#182   heatherbond.me/wp-content/uploads/2011/10/top_secret_rubber_stamp_800_clr.p MRDALE 07/28/16 10:52:08 PM
#181   Not even going to ask how you did tsoprano-1 07/28/16 10:36:46 PM
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