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Nevsun Resources Ltd. (TSX:NSU) (NYSE AMERICAN:NSU) (Nevsun or the Company) today provided its outlook and guidance for 2018. Unless otherwise noted, all dollar amounts are in millions of US dollars. As quoted in the press release: Peter Kukielski, President and CEO commented, “In 2018 Nevsun will drive value by advancing the high-grade Timok Upper Zone project, …
Nevsun Resources Ltd. (TSX:NSU) (NYSE AMERICAN:NSU) (Nevsun or the Company) today provided its outlook and guidance for 2018. Unless otherwise noted, all dollar amounts are in millions of US dollars.
As quoted in the press release:
Peter Kukielski, President and CEO commented, “In 2018 Nevsun will drive value by advancing the high-grade Timok Upper Zone project, one of the world’s best copper development projects. We will complete our prefeasibility in Q1 2018, significantly advance the definitive feasibility, and follow up on last year’s successful Upper Zone exploration program.” Mr. Kukielski continued, “At Bisha, zinc and copper production are expected to increase, taking advantage of a strong base metals market. The resulting cash flow and dividend redeployment will bolster an already strong balance sheet enabling growth from Timok development and exploration.”
