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Last Post: 9/17/2018 4:18:47 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.


http://www.nevsun.com/investors/presentation/2016-07-29-NSU-Corp-presentation-FINAL.pdf

http://www.nevsun.com/

 

 

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NSU News: Appointment of Agent for Service of Process and Undertaking (f-x) 09/14/2018 05:33:59 PM
NSU News: Tender Offer Statement Pursuant to Rule 14d-1 Under Securities Exchange Act of 1934 (sc14d1f) 09/14/2018 05:05:38 PM
NSU News: Report of Foreign Issuer (6-k) 09/14/2018 08:52:29 AM
NSU News: Nevsun and Zijin Mining File and Mail Circulars for Take-Over Bid 09/14/2018 08:30:00 AM
NSU News: Nevsun and Zijin Mining File and Mail Circulars for Take-Over Bid 09/14/2018 08:30:00 AM
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#696   Want to see how Nevsun’s Timok copper-gold project douginil 09/17/18 04:18:47 PM
#695   The divi should not been paid considering the Fangster 09/17/18 11:59:34 AM
#694   NSU had alot of cash on hand and Markywalberg 09/10/18 09:07:00 AM
#693   Friendly All-Cash Agreement for Nevsun to be Acquired douginil 09/05/18 08:50:05 AM
#692   Nevsun's Board of Directors Rejects Lundin Mining's Hostile douginil 08/15/18 11:32:22 AM
#691   This is going to get real interesting over Fangster 08/10/18 06:31:50 PM
#690   August 9, 2018 douginil 08/09/18 11:27:28 AM
#689   Nevsun Releases 2017 Corporate Social Responsibility Report douginil 07/06/18 12:27:19 PM
#688   Nevsun Extends Mine Life at Bisha Zinc-Copper Mine douginil 06/15/18 12:09:24 AM
#687   Yep!!! This will consolidate at some point but Fangster 05/10/18 07:02:15 PM
#686   Quite the show! barttt 05/10/18 12:12:28 PM
#685   Agreed 100% barttt 05/08/18 11:52:21 AM
#684   Bid essentially just for timok and IMO the Fangster 05/08/18 09:21:58 AM
#683   The math seemed a little sketchy. That’s barttt 05/08/18 08:52:17 AM
#682   Even at current copper/gold prices the buyout offer Fangster 05/08/18 08:31:49 AM
#681   Interesting. Crazy post and premarket action due barttt 05/08/18 06:29:51 AM
#680   Nice Q1 report released today. Fangster 04/26/18 06:11:05 PM
#679   May not be in the short run but Fangster 04/10/18 10:03:05 PM
#678   Also, I agree, I’ve picked up more any barttt 04/10/18 10:44:15 AM
#677   Nice movement. Beginning to move out of barttt 04/10/18 10:42:52 AM
#676   Nevsun Advances Timok Upper Zone Copper-Gold Project with douginil 03/29/18 12:22:53 AM
#675   Seems to teeter from about 2.40 to estreet7883 03/28/18 12:17:09 PM
#674   Nevsun Reports Further Exceptional Drill Results from the douginil 03/26/18 08:06:17 PM
#673   Prtomising report! MRDALE 03/12/18 09:37:53 AM
#672   Buying opt for sure. Added a Fangster 01/31/18 07:52:09 PM
#671   Is there a link to the news? douginil 01/31/18 06:07:45 PM
#670   Whats everyones take on the news today? Another estreet7883 01/31/18 03:58:02 PM
#669   I believe he knows exactly what he’s doing. Fangster 01/27/18 06:23:17 PM
#668   He wrote a better PR today, and it geodan 01/16/18 09:22:41 PM
#667   Shouldn’t matter if one is Long term. Fangster 01/16/18 07:18:31 AM
#666   Doug, IMHO the only thing holding NSU back geodan 01/12/18 03:09:31 PM
#665   Another positive forecast: douginil 01/12/18 10:51:43 AM
#664   Breakout today, went thru 2.51 resistance, prior high geodan 01/10/18 08:12:16 PM
#663   VANCOUVER , Jan. 10, 2018 /PRNewswire/ - Nevsun geodan 01/10/18 08:11:31 PM
#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
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