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Stock Market & Financial Investment News

News Breaks
January 25, 2013
17:07 EDTNSUNevsun Resources names Fausto Taddei as CFO
Taddei is an experienced financial executive with twenty-five years of public company experience and several years in the mining industry. He was most recently the CFO of Aura Minerals and prior to that the CFO of Western Canadian Coal Corp.
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February 11, 2016
17:15 EDTNSUNevsun Resources provides 2016 exploration plans
In 2016, Bisha will continue its balanced exploration approach, focussing not only on near term resource expansion opportunities, but also on discovering new greenfield deposits. At Harena, drilling will continue to explore the deposit down dip where it remains open and is demonstrating a trend of increasing thickness and grade with depth. Opportunities also occur immediately along strike of the deposit to the north and south. Over 12,000 metres of drilling is planned at Harena in 2016. The Bisha Main deposit remains open at depth and a 10,000 metre drill program will focus on expanding the deposit below the proposed ultimate open pit. Greenfield exploration will mainly target opportunities in the Asheli area of the Mogoraib River exploration license, where a new massive sulphide deposit was discovered in 2015. Exploration work including 12,000 metres of diamond drilling will be used to explore the 4 kilometres of untested favourable stratigraphy. A total budget of $11M is planned for exploration in 2016. The company plans to limit sustaining capital expenditure to less than $9M for the year.
17:14 EDTNSUNevsun Resources provides 2016 production guidance
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