Articles Tagged "nevsun resources"

“Act of Vandalism” at Nevsun’s Bisha Mine Reported as Ethiopian Bombing by African Media

Copper – An article put out by the Financial Post on Monday stated that what Nevsun Resources (TSX:NSU) reported as an "act of vandalism" at its Bisha Mine was actually an attack by Ethiopian fighter jets, according to reports from African Media. Nevsun reported only minor damage of the mine, but media outlets from Ethiopia and Sudan both reported that the Ethiopian air force bombed the mine.

Nevsun To Shut Bisha Mine for Two Weeks

Copper – Nevsun Resources (TSX:NSU) reported that its Bisha mine will shut for two weeks due to a mechanical issue with its ball mill. A cracked output shaft bearing was discovered during routine inspection for the mill, which has led to the company's decision to accelerate gearbox maintenance that was scheduled for April.

Nevsun Reports Huge Increase in Resources at Eritrea Mine

Copper – On Tuesday, Nevsun Resources updated the mineral resource estimates for its Bisha and Harena deposits, both of which are located at its Bisha mine in Eritrea. Though the company's mineral reserve estimates for the deposits are still forthcoming, the resources at Harena saw substantial increases, while resources at Bisha grew as well.

Don’t Get Hung Up on Short-term Copper Prices: Lawrence Roulston

Copper – At VRIC, Scott Gibson of Kitco Gibson discussed the uranium, copper and gold markets in a panel with Lawrence Roulston and Eric Coffin. While there's no doubt that copper prices have been lower than most would like lately, Roulston advised investors not to get hung up on the short term.

Century Mine Closure to Leave a Hole for New Zinc Producers

Zinc – The absence of MMG's Century mine will exacerbate the current zinc deficit. With that deficit will come a higher zinc price and more opportunities for junior and mid-tier miners to grab a piece of the zinc pie.