Nevsun Resources: Bisha Zinc Expansion On Track for Commissioning Q2 2016

Nevsun Resources (TSX:NSU) reported that its Bisha zinc expansion project is on track for comissioning in Q2 2016. The project is progressing on schedule and well under budget.
As quoted in the press release:

The Project enables processing of the primary copper-zinc-gold-silver ore at up to 2.4 million tonnes per year, producing both copper and zinc concentrates from the existing copper flotation and new zinc flotation plants.  Based on the current open pit mine plan, Nevsun expects Bisha to produce on average 225 million pounds of zinc and 53 million pounds of copper in concentrate per year through 2025.  As previously announced, Nevsun will release the 2016 Outlook in the second week of February 2016.
The forecasted total cost will be approximately $80 million, significantly under the budget of $100M.

Click here for the full press release.