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.”