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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.
News For NSU From The Last 14 Days
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May 1, 2015
13:27 EDTNSUNevsun Resources downgraded to Hold from Buy at Canaccord
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April 30, 2015
17:15 EDTNSUNevsun Resources reports Q1 EPS 6c, consensus 6c
Reports Q1 revenue $117.2M, consensus $108.12M. Reports Q1 copper production 38M pounds.
April 28, 2015
07:50 EDTNSUNevsun Resources reports high drill results in Harena
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April 22, 2015
07:54 EDTNSUNevsun Resources povides zinc expansion project update
Nevsun Resources provided an update on the Bisha zinc expansion project which will average over 100K tons of zinc and 24K tonnes of copper per year for 10 years after start up in mid-2016. Overall, the project is nearly 60% complete with zinc plant commissioning on-schedule for mid-2016. The forecast for completion costs is $92M, with $63M committed and $31M spent. There have been no lost time injury or environmental incidents since the project commenced. The zinc expansion project adds zinc flotation capacity to the Bisha processing plant, enabling the production of two products: zinc and copper concentrate.

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