Nevsun Resources Reports Temporary Halt in Concentrate Production

Nevsun Resources (TSX:NSU,NYSE MKT:NSU) reported that operations at its Bisha mine in Eritrea have been temporarily halted due to power supply issues. The company will provide an update when the plant is expected to be back online.

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 the Nevsun Resources (TSX:NSU,NYSE,MKT:NSU) press release