Welcome To Nevsun Resources
Nevsun Resources Ltd. is a gold and base metal developer focused on the rapid completion and production of the Bisha Mine in Eritrea, Africa. The Bisha Project is a fully financed and permitted high-grade gold, copper and zinc deposit with operations to commence in late 2010.
The Bisha Project has received continuous support from the Eritrean government, who granted the Company's mining license in January 2008. The project is positioned to become the first modern day mine in this NE African country, with production projected to return payable metals of:
1.06 Million Oz GOLD | 9.4 Million Oz SILVER | 734 Million Lb COPPER | 1,075 Million Lb ZINC
At current metal prices, the Project is expected to generate enough cash within the first two years to repay all debt facilities and fund further mine expansion. The Bisha Mine will be a low-cost gold producer for the first two years and a low-cost, high-grade copper and zinc producer for the remaining 10 year mine life. Further resource potential exists at depth and from nearby discoveries within the Company's licensed areas.
Private Placement
Nevsun is pleased to advise that it has arranged a non-brokered private... February 01
Bisha Tour / Indaba / Africa Mining Congress
Nevsun is pleased to report on the successful conclusion of another... January 21
Bisha Update
Nevsun is pleased to provide an update on its gold/copper/zinc project...
