Nevsun sees bright future at Bisha

It’s a transformative year for Nevsun Resources (TSX: NSU; NYSE-MKT: NSU), as the company and its 40% joint-venture partner, Eritrean National Mining, […]
It’s a transformative year for Nevsun Resources (TSX: NSU; NYSE-MKT: NSU), as the company and its 40% joint-venture partner, Eritrean National Mining, remain on schedule and under budget to complete a zinc expansion project this May at their Bisha open pit copper-zinc mine, 150 km west of Asmara in Eritrea. The zinc circuit’s updated capital cost has been updated to US$80 million, or US$20 million under budget. It will be used to process primary zinc ore as mining at Bisha moves below the supergene horizon and into the zinc-rich part of the volcanogenic massive sulphide (VMS) deposit. The new zinc and existing copper flotation plants could produce 225 million lb of zinc and 53 million lb of copper-in-concentrate every year through 2025 – not too different from the total copper tonnage produced at the mine in 2015. Read the entire story at www.NorthernMiner.com/news/nevsun

Comments

Your email address will not be published. Required fields are marked *

Apr 08 2024 - Apr 09 2024
Apr 15 2024 - Apr 16 2024
Apr 16 2024 - Apr 16 2024
Apr 17 2024 - Apr 18 2024