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Stock Market & Financial Investment News

News Breaks
January 9, 2013
07:35 EDTNSUNevsun Resources says produced 313,000 ounces of gold in 2012
Nevsun Resources announced strong production results of 313,000 ounces of gold for 2012 with 46,000 ounces in the quarter ended December 31, 2012. Gold production for 2012 exceeded the top end of the latest guidance. Bisha gold production is again extended and is now anticipated to continue to the end of Q2, aligning well with the planned commissioning of the copper expansion project. The copper plant expansion continues to progress on schedule and budget with concentrate production expected in mid-2013.
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August 18, 2014
07:52 EDTNSUNevsun Resources announces results at Harena
To August 1, 2014, Bisha Mining Share Company has completed approximately 15,000 meters of a 25,000 meter planned diamond drilling program. The Harena ore body is located approximately 10 kilometers south of the Bisha Mine and processing plant. The exploration is designed to expand the known resource down to approximately 250 meters from surface. The deposit had previously been sparsely drilled beyond the known resource and had been locally tested to a depth of only 175 meters. This hole targeted the southern end of the known deposit, down dip of historical intersection H-041, and returned 18.5 meters of 1.77% Cu, 3.99% Zn, 1.22 g/t Au, 77.9 g/t Ag.

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