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
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.
latest news & media
september 07, 2010 NEVSUN HIRES VP BUSINESS DEVELOPMENT AND INVESTOR RELATIONS Nevsun Resources is pleased to announce it has added Scott Trebilcock to its senior management team as VP Business Development and Investor Relations.Scott is a process engineer and MBA with 14 years.....
august 23, 2010 BISHA ROYALTY BUYOUT INCREASES FUTURE CASH FLOWS Nevsun Resources Ltd. is pleased to announce that it has bought out a third party royalty on its Bisha project in Eritrea. The removal of this royalty further increases Nevsun's stake in Bisha's future cash flows.....