Tag: #Nevsun

Nevsun Resources reaches expected capacity

Nevsun Resources reaches expected capacity

Nevsun Resources (NSU.TO, NYSE:NSU) announced it produced 36 million pounds of copper in the fourth quarter of 2013 which means the company has met the upper side of its production guidance as the total copper production for the year came in at 48 million pounds. The ramp-up phase of the […]

Nevsun declares commercial production

Nevsun declares commercial production

Nevsun Resources (NSU.TO, NYSE:NSU) is keeping its promise and has declared commercial production at its copper expansion phase as it has successfully commissioned its flotation plant. The budgeted capex for the copper phase of the Bisha project was $125M, but Nevsun managed to come in on time and under budget, […]

Sunridge announces Asmara Feasibility Study

Sunridge announces Asmara Feasibility Study

Sunridge Gold (SGC.V) has announced the results of the independent feasibility study on the Asmara Project in Eritrea. The feasibility study has outlined a three-stage development of the project, whereby only $46M is needed for the start of the production of the direct shippable copper ore and the gold leach […]

Nevsun increases dividend

Nevsun increases dividend

Nevsun Resources (NSU.TO; NYSEMKT:NSU) has announced they’ll increase their dividend by 40% to $0.14 per annum. Based on the current share price of $3.30, Nevsun currently has a gross yield of approximately 4.25%. The company is currently making the transition from a gold producer to a copper producer, and should […]