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    copper-investing

    Nevsun Provides Update on Bisha Operations

    Investing News Network
    Dec. 08, 2014 09:49AM PST
    Base Metals Investing

    Nevsun Resources Ltd. (TSX:NSU,NYSEMKT:NSU) provided an update on operations at the Bisha mine in Eritrea. Concentrate production was recently halted there due to power issues.

    Nevsun Resources Ltd. (TSX:NSU,NYSEMKT:NSU) provided an update on operations at the Bisha mine in Eritrea. Concentrate production was recently halted there due to power issues.

    As quoted in the press release:

    Over the past week the Bisha process plant has had power supply issues with its third party power plant, causing a temporary halt in concentrate production. Mining operations continue at full capacity and Bisha continues to truck and export stockpiled concentrates. The Company has already achieved its annual production guidance and the plant interruption does not have a negative impact on the Company’s 2014 financial results as we will draw down and sell from stockpiled concentrate inventories.

    Click here to read Nevsun Resources Ltd. (TSX:NSU,NYSEMKT:NSU) press release.

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