Partnered with the Eritrean government, Nevsun Resources successfully worked, negotiated, and developed the first commercial mine in the history of Eritrea. The completed transaction makes Eritrea one of the most attractive regions in Africa today. Since commercial production commenced in February 2011, Nevsun's Bisha Mine has steadily produced over 1,000 ounces per day, for a total of 278,000 ounces as of September 20, 2011.

Bisha boasts exceptionally low production costs, recording in at $264 per ounce of gold in Q3 and generates extraordinary cash flow as a result. Nevsun is a true pioneer in a region that has seen tremendous challenge, that strategized ways to work hand-in-hand with the Eritrean state while creating significant shareholder value.

Nevsun latest news & media

january 10, 2012
Nevsun's Fourth Quarter Operating Highlights
Nevsun Resources Ltd. is pleased to announce strong production results of 101,000 ounces of gold for the quarter ending December 31, 2011. Year-to-date, the Bisha Mine in Eritrea has produced 379,000....

december 06, 2011
Update on United Nations Actions Regarding Eritrea
Nevsun Resources Ltd.,wishes to update shareholders on the latest developments regarding the actions by the United Nations Security Council (UNSC) in respect to Eritrea. The UNSC resolution 2023 (2011),....

november 21, 2011
Nevsun Increases Semi-Annual Dividend
Nevsun Resources Ltd.,is pleased to announce an increased semi-annual cash dividend to US$0.05 per common share (US$0.10 per common share annually). The dividend is payable on....

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