Nevsun Announces Q2 Financial Results, Strategic Update and Annual Reserves

Nevsun Resources Ltd. (TSX:NSU) (NYSE MKT: NSU) (Nevsun or the Company) today announced its financial results for Q2 2017 and key strategic and capital allocation updates to its core assets, the high-grade Timok Upper Zone copper-gold project in Serbia and the cash producing Bisha mine in Eritrea.  Nevsun’s recently appointed President and CEO, Peter Kukielski, has completed a comprehensive strategic review which included several trips to Serbia and Eritrea.

As quoted in the press release:

Peter Kukielski commented, “Nevsun’s mission, and the reason I joined the Company, is to build a strong, multi-mine mid-tier mining company, delivering shared prosperity to all stakeholders.  With great people, strong assets and a clean balance sheet the Company is well positioned to deliver that vision.  In getting to know the business I have been pleased to meet the teams we have on the ground and to witness the strong support we enjoy from our local governments and other stakeholders.”

Click here for the full text release

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