BNET Industries

Nevsun Resources Ltd.

(NSU) is in the Manufacturing Industry

Market Cap:$384.8M

Last Fiscal Year Sales:$23.1M

Public
US

Dow Jones Description

Nevsun Resources Ltd. is a gold and base metal explorer/developer with a focus on developing mining projects in Africa. Nevsun is currently focused on advancing its high grade gold, copper and zinc Bisha Project in Eritrea. The Bisha volcanic-associated massive sulphide (VMS) deposit is located in a newly discovered VMS district in western Eritrea. Nevsun completed a feasibility study for the Bisha project in late 2006. The Bisha Mining and Stability Agreements were signed in December 2007 and the Bisha Mining License was awarded in January 2008. The mining license covers an area of 16.5 square kilometers (includes the Bisha Main Zone deposit and the Northwest Zone deposit) within a mining agreement area of approximately 39 square kilometers. The Company retains an exploration license of approximately 94.5 square kilometers which includes the Harena deposit.

Number of Employees 191

Contact Information

1075 W Georgia Street Suite 800

Vancouver

(604) 623-4700

Peer Companies

NAICS Code Electroplating, Plating, Polishing, Anodizing, and Coloring: 332813

Company News

Recent Events

Nevsun Resources Ltd reports third quarter loss of USD1.0m

11/16/09 - Financial Announcement - View Story
Nevsun Completes Cdn$32,775,000 Financing

10/30/09 - New Investment - View Story
BRIEF-Nevsun announces C$32.8 mln financing

10/20/09 - New Investment - View Story
Skymark Research Initiates Independent Research Coverage On Nevsun Resources Ltd.

10/09/09 - Bond / Stock Rating - View Story
Nevsun Shares Power Up on Analyst Visit, Reports

10/06/09 - Bond / Stock Rating - View Story
Nevsun Resources Ltd.: Bisha Project Secures Sales Contracts

9/21/09 - Mgmt. Change Leaving - Director - View Story
5 Cold Stocks Heating Up

8/21/09 - Financial Announcement - View Story

News & Analysis

nevsun resources ltd. - All News and Analysis

Nevsun Resources Ltd.: Second Quarter Financial Results

- 2009-08-14

Nevsun Resources Ltd., (TSX: NSU)(NYSE Amex: NSU) wishes to announce its recent financial position and its quarterly results for Q2 2009. All amounts are expressed in United States dollars. The Company's cash position at the end of June was $14.6 million. The loss for the quarter...

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Nevsun Resources Ltd.: Bisha Project Financing-Major Condition Satisfied

- 2009-07-29

Nevsun Resources Ltd., (TSX: NSU)(NYSE Amex: NSU) is very pleased to announce that its Bisha Project in Eritrea has satisfied a significant condition of the recently announced $235 million debt financing. The Government of Eritrea has provided its strong written support for Bisha and the financing, fulfilling...

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Nevsun Resources Ltd.: Bisha Project Financial Close

- 2009-07-16

Nevsun Resources Ltd. (TSX: NSU)(NYSE Amex: NSU) is very pleased to announce the financial closing of debt facilities totaling $235 million for its Bisha gold-silver-copper-zinc Project in Eritrea (the "Project"). All amounts are expressed in United States dollars. A debt package totaling $235 million has been arranged...

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Penny Stock Chaser Announces Investment Opinion on Interactive Intelligence Inc., Headwaters Inc., Nevsun Resources Ltd., NetSol Technologies Inc. and Corus Bankshares Inc.

- 2009-07-14

NEWARK, Del. -- U.S. stocks drifted between slight gains and losses Tuesday but after a strong Goldman results, the market seems to move to green territory. The Dow Jones...

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Nevsun Resources Ltd.: Bisha Project Finance Approvals-US$235 Million

- 2009-07-13

Nevsun Resources Ltd. (TSX: NSU)(NYSE Amex: NSU) is very pleased to announce that its Bisha Project in Eritrea has received all required credit approvals from the project finance lenders for debt facilities totaling $235 million. Documentation of the facilities has been progressing in parallel and financial close is...

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Nevsun Resources Completes Skire Unifier Implementation for Mining Project in Northeast Africa

- 2009-06-08

Unifier Platform Delivers Comprehensive Project Management Across Two Continents MENLO PARK, Calif. -- Skire, Inc. (www.skire.com), the leading...

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Nevsun Resources Ltd.: Bisha Update and First Quarter Financial Results

- 2009-05-13

Nevsun Resources Ltd. (TSX: NSU)(NYSE Amex: NSU) wishes to announce its recent financial position and its quarterly results for Q1 2009 as well as provide an update on the Bisha project. All amounts are expressed in United States dollars. The Company's current cash position at the end...

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Nevsun Resources Ltd.: Bisha Update and First Quarter Financial Results.(Financial report)

- 2009-05-13

VANCOUVER, BRITISH COLUMBIA, May 13, 2009 Marketwire via COMTEX -- Nevsun Resources Ltd. (TSX:NSU)(NYSE Amex:NSU) wishes to announce its recent financial position and its quarterly results for Q1 2009 as well as provide an update on the Bisha project. All amounts are expressed in ...

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Nevsun Resources Ltd.: Bisha Update and Annual Financial Results

- 2009-03-30

Nevsun Resources Ltd. (TSX: NSU)(NYSE Alternext US: NSU)(NYSE Amex: NSU.A) wishes to announce its recent financial position and its annual results for 2008 as well as provide an update on the Bisha project. All amounts are expressed in United States dollars. The Company's current cash position at...

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Nevsun Resources Ltd.: Bisha Update and Annual Financial Results.

- 2009-03-30

VANCOUVER, BRITISH COLUMBIA, Mar 30, 2009 Marketwire via COMTEX -- Nevsun Resources Ltd. (TSX:NSU)(NYSE Alternext US:NSU)(NYSE Amex:NSU.A) wishes to announce its recent financial position and its annual results for 2008 as well as provide an update on the Bisha project. All amounts are expressed...

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