Nevsun Resources Ltd. is a gold and base metal developer focused on the effectual completion and production of the Bisha Mine in Eritrea, Africa. The Bisha Project is a high-grade gold, copper and zinc deposit in a newly discovered VMS district of western Eritrea. Nevsun began construction of the Bisha Mine in September 2008 and is actively engaged in its progression with production anticipated in Fall 2010.

At recent metal prices, the Bisha Project has a projected 2.5 year payback period, including further mine expansion. The Bisha Mine will be a low-cost gold producer for the first 2 years and a low-cost, high-grade copper and zinc producer for the life of the mine.

latest news & media

march 08, 2010
DEFINING MINING IN ERITREA
Asmara, Eritrea — Despite brimming with geologic promise because of its location within the prolific Arabian-Nubian Shield, Eritrea has remained underexplored for years.Continued violence and turmoil in the young nation....

february 23, 2010
NEVSUN REPORTS INCREASED CASH FLOW PROJECTIONS FOR 2011
Nevsun is pleased to provide a brief update on the gold/copper/zinc Bisha Project in Eritrea. As a result of the recent financing, there have been considerable improvements to the project’s economics......

february 16, 2010
NEVSUN COMPLETES CDN $117 MILLION FINANCING
Nevsun is pleased to announce that it has completed its non-brokered private placement financing of 52,000,000 common shares at Cdn$2.25 as reported on February 4, 2010. The common shares sold in the private.....

share structure