VANCOUVER , Jan. 10, 2018 /PRNewswire/ - Nevsun Resources Ltd.(NSU) ("Nevsun" or the "Company") is pleased to report its 2017 fourth quarter and full year production results (100% basis) for the Bisha Mine in Eritrea for the year ending December 31, 2017.
Bisha Full Year 2017 Operating Highlights
Produced 207.8 million pounds of zinc in zinc concentrate, at the top end of its guidance of 190-210 million pounds
Produced 18.0 million pounds of copper in copper concentrate, below guidance of 20-30 million pounds
Produced 55.1 million pounds of zinc in Q4 2017 as zinc recoveries continued to improve in H2 2017 from H1 2017
Moved a record 5.3 million tonnes of material in Q4 2017
Peter Kukielski , Nevsun CEO, commented, "We continued to see positive results from our primary ore metallurgy improvement program in the second half of 2017 with zinc recoveries now consistently around 70%. A specialist contractor was brought in to oversee heavy mining equipment maintenance, which resulted in improved equipment availability and allowed Bisha to move a record amount of waste in Q4. This completed the necessary catch up on stripping of the Bisha pit to allow the mine to access and process 100% fresh primary ore in 2018."
Mr. Kukielski continued, "We look forward to providing the market with our 2018 outlook for both Bisha and Timok later this month."
