Nevsun Resources - 500 Beiträge pro Seite

[Frickhasserin]

Da es noch keinen Thread zum Goldexplorer Nevsun Resources gibt, mach ich mal einen auf.

WKN 901340
Kanada Kuerzel NSU

So und jetzt schreibt mal Fakten, Fakten, Fakten dazu, damit ich weiss ob mein
charttechnischer Einstieg richtig war.

[Diego22]

!

Dieser Beitrag wurde moderiert. Grund: Beleidigung

[neil_mccauley]

dein charttechnischer einstieg war genauso richtig wie der einstieg bei rochester resources und advanced expo

[beacker38]

[sharp2008]

hier wird ja weglich nur mist gelabbert und ob frickhasserin nun ein neuen thread aufmacht oder nicht sollte es hier doch um fundamentale dinge gehen,auf jeden fall wer hier investiert ist ,der könnte sich in den nächsten jahren sehr an den steigenden kursen erfreuen,das ist aber kein kurzfristiger zock sondern man sollte schon längerfristig denken!

[superroth]

http://www.wallstreet-online.de/diskussion/1134076-1-10/tian…

Fricki laß es bitte, das wird wieder ein totalverlust.....

[sharp2008]

Antwort auf Beitrag Nr.: 36.514.253 von superroth am 04.02.09 20:42:20

hier steckt aber was fundamentales hinter und keine klitsche

[Frickhasserin]

Antwort auf Beitrag Nr.: 36.514.299 von sharp2008 am 04.02.09 20:47:47

Umsätze bei den Holzfällern weiter Top
wieder +12%

[Popeye82]

[Frickhasserin]

holla, die Umsätze gefallen mir immer besser

[casameki]

Antwort auf Beitrag Nr.: 36.509.520 von Frickhasserin am 04.02.09 13:28:31

ich weiss ob mein charttechnischer Einstieg richtig war

charttechnik ist nachweislich für verlierer.
habe ich mal gelesen.
mehrmals
vielleicht fällt dir wieder ein, wer das sooft geschrieben hat.

[vindulce]

Antwort auf Beitrag Nr.: 36.514.299 von sharp2008 am 04.02.09 20:47:47

Was ist eigentlich mit Sabina und Freegold...die sind doch noch im Rennen oder ?

[sharp2008]

Antwort auf Beitrag Nr.: 36.560.301 von vindulce am 11.02.09 19:24:40

ja da sollte es bald losgehen haben einiges an nachholpotenzial,besonders sabina

[cncdreher]

Hat sich jemand von euch schon einmal ATW Gold früher Atw Ventures
angesehen ? Seit RSR raus ist gehts nun bergauf.

[Spitzenrolli]

Mächtig Volumen für einen Explorer!

[lemminge]

Der Börsenbrief sieht Nevsun Resources neben Osisko Mining als “Top-Favorit” unter den Gold-Explorern: Neben einem “weltklasse Projekt” stünden die “solide finanzielle Ausstattung” sowie “die Unterstützung durch die Regierung von Eritrea” auf der Haben-Seite des Explorers. “Hinzu kommt die latente Übernahmephantasie”, stellt der Börsenbrief fest. So soll die Schweizer Großbank UBS nach RSR-Recherchen seit Wochen Nevsun-Aktien sammeln.

[lemminge]

coole aktie,keiner merkt in deutschland das es sie gibt!

[Frickhasserin]

Antwort auf Beitrag Nr.: 36.598.344 von Spitzenrolli am 17.02.09 21:25:26

[Held2006]

Antwort auf Beitrag Nr.: 36.623.902 von Frickhasserin am 20.02.09 20:05:46

Muss man den Frick kennen?

[Videomart]

Metals & Mining Analysts' Ratings & Estimates

By Bill Matlack
Mar 23 2009 11:47AM


Base Metals & Diversified

[Videomart]

Nevsun Resources (NSU) Corporate Event Announcement Notice
03/24/2009 08:44:00 PM
Wall Street Horizon

Nevsun Resources (NSU)Expected next earnings release:
Announcement date: 3/26/2009 - During Market
Earnings Quarter: Q4
Announcement Status: Unconfirmed

http://www.hoovers.com/free/co/news/detail.xhtml?ID=119168&A…

[Videomart]

Gold Falls, But Still Outperforming

by: Mark O'Byrne March 31, 2009

Gold fell yesterday (both gold and silver were down some 1%) in volatile trade which saw some very determined selling each time gold looked set to break out above $930/oz. There appears to be support at $890/oz to $910/oz and resistance between $930/oz and $960/oz.

As usual gold’s safe haven properties were seen yesterday as most international equity indices were down some 3% to 5% while gold fell only marginally. This has been the pattern in recent months and years when gold can be somewhat correlated to equity markets in the very short term (often falls but falls by less than stock markets) but is inversely correlated over the medium to long term (as seen in tables below).

Besides the uncertain outlook for equity markets, gold is also being supported by weakness in the dollar today and expected dollar weakness in the coming months as the Federal Reserve’s balance sheet deteriorates further and US budget deficits and the national debt rise very significantly.

Oil has recovered somewhat from yesterday’s sell off (up 1.7% this morning to over $49 per barrel). Gold has clearly decoupled from oil in recent weeks and months but should oil begin to creep up again as many analysts believe is probable, gold will likely move up in unison as investors attempt to hedge themselves from the burgeoning threat of inflation.

The first quarter has seen gold (and especially silver) again outperform most asset classes with gold rising in all major currencies (as it did in 2007 and 2008). Gold is up more than 4% in US dollar terms, nearly 10% in euro terms and 7% in British pound terms.

This outperformance is set to continue as the international financial and economic system remains close to collapse (as warned of by George Soros at weekend) and governments are attempting to avert deflation by debasing their currencies in an unprecedented manner and this will likely lead to stagflation in the coming months.


http://seekingalpha.com/article/128691-gold-falls-but-still-…

[Videomart]

Press Release, Source: Nevsun Resources Ltd.

Nevsun Resources Ltd.: Bisha Update and Annual Financial Results
Monday March 30, 2009, 5:02 pm EDT

VANCOUVER, BRITISH COLUMBIA--(MARKET WIRE)--Mar 30, 2009 -- Nevsun Resources Ltd. (Toronto:NSU.TO - News)(AMEX:NSU - News)(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.
...

http://finance.yahoo.com/news/Nevsun-Resources-Ltd-Bisha-iw-…

http://www.nevsun.com/news/index.php?&content_id=72

[Videomart]

Minensektor einig: Goldpreis wird erheblich steigen
01.04.2009 | 12:14 Uhr | Rainer Hahn (EMFIS)

RTE Stuttgart - (www.rohstoffe-go.de) - Erst vor kurzem hat David Garofalo, CFO des Goldproduzenten Agnico-Eagle Mines, erklärt, er rechne mit einem Anstieg des Goldpreises auf 2.200 US-Dollar pro Unze - und nun schließt sich auch der kanadische Minengigant Barrick Gold der Meinung an, dass Gold in Zukunft deutlich teurer sein wird.

Der Rückgang der Goldproduktion, die globale Finanz- und Wirtschaftskrise und ein womöglich drohendes Inflationsszenario - all das sind für den Goldminenriesen Barrick Gold (ISIN CA0679011084) gute Gründe dafür, dass der Goldpreis nicht mehr lange auf dem aktuellen Niveau von rund 920 - 930 USD je Unze verharren wird.

Gold sei mittlerweile zu einer äußerst attraktiven Anlageklasse geworden, so Offizielle des Unternehmens auf einer Konferenz in Santiago, Chile. Ein genaues Preisziel wollte man nicht ausgeben, doch habe die Finanz- und Wirtschaftskrise dazu geführt, dass viele Anleger Gold wieder in seiner Rolle des berühmten "sicheren Hafens" sähen - und damit als eine gute Möglichkeit ihr Kapital zu schützen. Zudem würden die vielen Milliarden, die in die Konjunkturprogramme rund um die Welt gepumpt werden, die Märkte geradezu überfluten und damit die Voraussetzung für einen starken Anstieg der Inflation schaffen, was in der Regel dazu führe, dass viele Anleger sich in Goldinvestments flüchten.

Und das geschehe zu einem Zeitpunkt, da es an neuen Entdeckungen mangele und das Umfeld für die Errichtung von Minen äußerst schwierig sei. Was bedeute, dass das Angebot an Gold zurückgehen werde und schon geht. Denn ganz eindeutig würde es der Branche nicht gelingen, den Rückgang der Produktion zu verhindern. Laut Barrick ist die globale Goldproduktion von noch 83 Millionen Unzen 2001 bis 2009 auf 72 bis 73 Millionen Unzen gefallen. Und bis 2011 erwartet man nur noch eine Fördermenge von rund 71 Millionen Unzen.

Zudem seien große, neue Entdeckungen selten und die Entwicklung bestehender Vorkommen durch in der Vergangenheit stark gestiegene Kosten und Genehmigungsprozesse, die sich über Jahre hinziehen könnten, behindert worden.

Da die Kosten für den Minenbetrieb aber mittlerweile wieder zurückgekommen seien, werde Barrick versuchen von der erwarteten Steigerung der Goldpreis zu profitieren, indem man in den nächsten Jahren mehrere große Minen eröffnen wird, die dann günstiger arbeiten werden, als die jetzt schon produzierenden.
Bookmarken bei

http://www.rohstoff-welt.de/news/artikel.php?sid=12382

[lemminge]

gibts was neues von rsr zu nevsum,ist ja in deutschland leider ziemlich unbekannt

[phillip76]

Wow. Wir haben endlich wieder die 1 euro Marke durchbrochen.
Hoffentlich bleiben wir auch dabei. Bei dem steigenden Goldpreis
duerfte es ja kein Problem sein. Auf auf neue Hoehen.
Von seiten RSR gibt es nichts neues.

[lemminge]

Alem Kibreab, director general of mines for the Energy and Mines Ministry, added the Horn of Africa nation's first and flagship project -- the Bisha mine -- should start producing gold by the third quarter of 2010.

[fisch29]

Hat jemand nen Realtimechart von Nevsun und kann ihn hier mal reinstellen?

Vielen Dank im Voraus!

[Frickhasserin]

jetzt geht aber die Post ab

[Taifun36]

http://www.capitaleritrea.com/2009/07/14/nevsun-resources-co…

immerhin - wurde auch zeit- und jetzt mal sehen was die aktionäre daraus machen

[Taifun36]

und noch einen hinterher

http://www.nevsun.com/news/index.php?&content_id=76

[Taifun36]

junge junge, Nevsun macht jetzt das, was man von einer aktie erwartet. sie steigt. schon 1,85

Immer weiter so

[Frickhasserin]

Scottie hat endlich den Warp Antrieb repariert

[Taifun36]

Jetzt schon wieder 1,18 € in FFM. Und die Aktie wurde schon hochgestuft. Obwohl das ja nie viel bedeuten muss

Ich freue mich wenn in CAN der handel losgeht. 2 Dollar wir kommen

[Videomart]

Nevsun Resources Ltd.: Bisha Project Financial Close

Press Release
Source: Nevsun Resources Ltd.
On Thursday July 16, 2009, 5:01 pm EDT

Nevsun Resources Ltd. (TSX:NSU - News)(AMEX:NSU - News) 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 for Bisha Mining Share Company ("BMSC") to complete its funding arrangements to develop the Project. The debt package is a mix of senior and subordinated loans from a lending group comprised of seven institutions ("Lenders") from Europe and South Africa. The arrangements include an available cost over-run facility of $30 million that will be in addition to a contingency allowance of $32 million in the Project Cost Budget ("Budget").

The Project is now more than one third completed, and the forecast cost to complete remains on Budget.

CEO, Cliff Davis, stated, "It is a tribute to the strength and quality of the Project and the support of the country that even during difficult financial markets we have managed to arrange a significant debt package to fully complete Eritrea's first modern day major mining project. This accomplishment has been a collaborative effort between Nevsun and our partner, the Eritrean National Mining Corporation, our current and past staff and advisors and ultimately only made possible through the support of the governments of Eritrea, Germany and South Africa. We naturally also thank the Lenders for their contribution to make this happen and look forward to their continued support."

Summary of Estimated Project Costs and Funding:


Pre production costs:
Historic property related costs $29 million (exploration, pre-development,
etc)
Pre production project costs 220 million
Contingency allowance 32 million
Cost overrun allowance 30 million (management does not expect to
incur)
Pre production finance costs 44 million (includes interest, fees and a
small hedge per below)
------
$355 million
------
Funded by:
Nevsun and State of Eritrea $120 million
Senior debt 125 million
Subordinated debt 80 million
Senior cost overrun 30 million (management does not expect to
utilize)
------
$355 million
------


Utilization of the debt facilities is expected in the next few weeks after certain conditions are met, including the registration of security, final letters from governments and final insurance arrangements.

In connection with the debt facilities the Company is required to establish a gold price protection programme in the unlikely event that the price of gold falls below $700/oz. The programme is a purchase of gold puts of 200,000 ounces for the first two years of production. This ensures the Project benefits from not only the floor price of $700/oz, but also 100% of all gold prices higher than $700/oz.

The debt facilities are secured by BMSC and all of its assets, as well as by a completion guarantee from each of Nevsun and the Eritrean National Mining Corporation, to their respective contributing interests.

Endeavour Financial is the Company's project finance advisor.

At recent metal prices, the Project is expected to generate enough cash in the first two and a half years to repay all debt facilities, as well as fund the copper phase mine expansion. The projected operating cash costs for gold production are estimated to be less than $230/oz, including royalties. The after tax internal rate of return of the Project, using recent metal prices and including the cost of finance, is approximately 54%.

The mine is expected to start producing gold in Q3 2010. A recent update on the Project itself can be found in the Company's Q1 MD&A and news release dated May 13, 2009. Photographs of progress can be found on the Nevsun web site at - http://www.nevsun.com/properties/photo_gallery/.

The Company looks forward to progressing Bisha through to production with the continued full support of the Eritrean Government.

Forward-Looking Statements: The above contains forward-looking statements concerning Eritrean government support, production schedule, details of the debt package and payback time, operating costs and costs to project completion, metals price projections and assumptions. Forward-looking statements are frequently, but not always, identified by words such as "expects", "anticipates", "believes", "intends", "estimates", "potential", "possible" and similar expressions, or statements that events, conditions or results "will", "may", "could" or "should" occur or be achieved. Forward-looking statements are statements about the future and are inherently uncertain, and actual achievements of the Company or other future events or conditions may differ materially from those reflected in the forward-looking statements due to a variety of risks, uncertainties and other factors, including, without limitation, those described in the Management Discussion and Analysis of the Company. The Company's forward-looking statements are based on the beliefs, expectations and opinions of management on the date the statements are made and the Company assumes no obligation to update such forward-looking statements in the future. For the reasons set forth above, investors should not place undue reliance on forward-looking statements.

NEVSUN RESOURCES LTD.

Cliff T. Davis, President & Chief Executive Officer

Contact:
Contacts:Nevsun Resources Ltd.John Clarke(604) 623-4700 or [e-mail]


http://finance.yahoo.com/news/Nevsun-Resources-Ltd-Bisha-iw-…

[Videomart]

Commodities : July 21, 2009
Metals & Mining [07-21-09 11:50 AM]
BNN chats with Eric Coffin, analyst, HRA Advisories
http://watch.bnn.ca/market-call-tonight/july-2009/market-cal…
(über Nevsun Resources ab 5:15)

[Taifun36]

VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 08/14/09 -- 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 was $1.2 million compared to income for the same quarter in 2008 of $2.6M, split between a loss from continuing operations of $0.9 million and income from discontinued operations of $3.5 million. The main reasons for the increased loss from continuing operations compared to prior year are foreign exchange losses resulting from a decrease of the US dollar against the South African rand and lower interest income. Q2 2008 discontinued operations included the gain on disposition of the Company's Mali assets.

Complete details of the Q2 2009 financial statements and management's discussion and analysis can be found on the Nevsun website at www.nevsun.com as well as on Sedar at www.sedar.com and EDGAR at http://www.sec.gov/edgar/searchedgar/webusers.htm.

NEVSUN RESOURCES LTD.

Cliff T. Davis President & Chief Executive Officer

Contacts:
Nevsun Resources Ltd.
John Clarke
[phone] or 1-888-600-2200
[e-mail]
www.nevsun.com

[Popeye82]

Richard Gray, Blackmont Capital - "our target implies a 79% projected rate of return, which we believe is well worth the risk associated with the name" - Gold Report - (8/24/09)
www.theaureport.com/cs/user/print/quote/5179?x-t=pub.view&ut…

"Analysis & Forecasts:
Nevsun remains on-track to begin producing at its 60%-owned Bisha gold-silver-copper-zinc project in Eritrea. The project financing of $235 million (at an average of LIBOR plus 5.7%) is in place with initial drawdown expected in September. We continue to forecast the mine starting up in Q4/2010 with production (Nevsun's 60% share) of 250,000 oz/yr of gold for the first 2.5 yrs, followed by the copper phase (100 million lbs/yr for 3 yrs), and the zinc phase (130 million lbs/yr for 5 yrs). The IRR of the project, based on our metal price forecasts, is 88%. The company indicates there has been $73.3 million spent on Bisha and there remains an additional $177.0 million to complete construction.

Valuation & Recommendation:
Our NAV estimate of $3.40 per share is based entirely on the company's 60% interest in Bisha. Our NPV of $406 million is based on a 10% discount rate to account for the political risk, and long-term gold, copper and zinc prices of $950/oz, $2.15/lb, and $0.90/lb, respectively. Our target price of C$3.00 is based on a 0.75x NAV, which brings into consideration the stage of development of Bisha and the base metal component (i.e., lower multiple) of the project. Despite these conservative parameters, our target implies a 79% projected rate of return, which we believe is well worth the risk associated with the name. We are maintaining our OUTPERFORM.

Primary Reasons for Recommendation:

+ Development of the Bisha mine in Eritrea is the company's main focus.

+ Valuation attractive, but execution risk and political risk are the concerns. "

[Taifun36]

Na also die 2 Dollar sind geschafft- es darf gerne noch weiter bergauf gehen
also CAN : Leg los!

[Taifun36]

Die 2 steht weiterhin- das ist ein gutes Zeichen oder nicht?

[Taifun36]

Ei supa,
nu sin wir schon bei de 2,20. Immer weiter so.

[phillip76]

Antwort auf Beitrag Nr.: 37.923.947 von Taifun36 am 04.09.09 22:04:25

Das sieht wirklich sehr gut aus
Liegt es daran, dass Gold wieder fast bei 1,000 dollar steht, oder lieght was anderes an?

[Popeye82]

Antwort auf Beitrag Nr.: 37.924.674 von phillip76 am 05.09.09 07:27:35

Bisha liegt an.

[Taifun36]

Antwort auf Beitrag Nr.: 37.924.674 von phillip76 am 05.09.09 07:27:35

Ich bvin sicher, dass der Goldpreis nur deswegen so stark steigt, weil die Meldung über China rausgekommen ist
Das chinesische Staatsfernsehen soll ja angeblich die Bürger zu Gold- und Silberkäufen angefeuert haben. Etwas was ich als durchaus realistisch sehe. Bestätigung habe ich aber keine.
Nur habe ich mich mit dem Schlusskurs geirrt. Es waren "nur" 2,15 aber die 2,20 können ja noch kommen.
Was ja toll wäre, wenn mal ein paar Shorties Feuer geben würden, die auf den falschen Fuss erwischt werden- Aurelian würde grüssen lassen.

[Popeye82]

Nevsun Resources (TSX:NSU) (AMEX:NSU): Remains Top Pick of Charles Oliver, Sprott Asset Management - BNN - Sep 9, 2009
http://watch.bnn.ca/market-call/september-2009/market-call-s…

[Popeye82]

Gold Search Picks Up in Eritrea, Says Analyst - Capital Eritrea - Sep 11, 2009
www.capitaleritrea.com/business/gold-search-picks-up-in-erit…

"Brendan Ryan from Miningmx, a platform providing content exclusively about shares and people involved in African mining, says that Eritrea is fast developing as a hot new destination for mining exploration companies following in the tracks of pathfinder TSX- listed Nevsun Resources.

Addressing the Africa Down Under conference held recently in Perth, the Eritrean minister of energy and mines Ahmed Haj Ali listed 12 companies now operating in the country looking at gold and base metal projects.

Reasons for the surge in interest include the country’s prospective geology and the willingness of the Eritrean government to fund its share of the development costs of mining projects up-front.

Eritrean state mining company Enamco holds a 40% stake in Nevsun’s Bisha gold/copper/zinc project which consists of a 10% free carry and a 30% stake to be purchased at “fair value.”

Enamco made a first provisional payment of $25m in 2008. The final amount to be paid will be determined by an independent valuator and will be based on the net present value of 30% of the project as at the date of the first shipment of gold from the mine.

That should take place during the third quarter of 2010.

Enamco has so far contributed $35m to the project as part of its requirement to provide one third of owners’ financing contributions.

Interviewed on the sidelines of the Africa Down Under conference, Eritrean mines department director-general Alem Kibreab commented the state’s attitude was that it should be prepared to share in the risks as well as the benefits from the project.

Haj Ali stressed that Eritrea’s exploration and mining regulation code involved a simple, one-stop licencing system in which the right to exploit commercial deposits discovered under a valid exploration licence was guaranteed.

He added the licensee has the right to sell locally – or export free of duties and taxes – all minerals it produced. Mining licences were valid for 20 years with optional 10 year renewals.

Nevsun reached financial close in July this year on the $235m debt package it required to complete the Bisha mine. One of the participants is the Industrial Development Corporation.

Nevsun CEO Cliff Davis commented on July 29 that, “The Export Credit Insurance Corporation of South Africa is finalising a policy of insurance tied to South African supply of goods and services.

“Similarly, Nevsun appreciates the unwavering support from the government of South Africa since the first financial commitment in October 2008 during a very difficult time for major international financial institutions.”

But it has not all been plain sailing for Nevsun. The company went through a torrid period from 2004 to 2006 while the Eritrean government was finalising its mining policy and regulations and not being clear about its intentions.

Nevsun shares soared from C$0.55 to C$3.94 in the 12 months to February 2003 on the back of the initial, high-grade borehole results from Bisha. They subsequently peaked at a record $9 during 2004.

But the shares plummeted 50% in a single day’s trading on September 3, 2004 when the Eritrean government forced Nevsun and two other gold exploration companies to shut down operations but provided no reasons.

The uncertainty over what was actually going on lasted for months. Nevsun finally signed a mining agreement over Bisha with the Eritrean government in December 2007.

The shares collapsed again to just C$0.35 in October last year during the global financial crisis but have recovered to current levels around C$2.00 on the back of the finalisation of the debt funding package.

Latest exploration company into Eritrea is ASX-listed Chalice Gold Mines which is assessing the Zara gold project. It must complete a prefeasibility study by end-October and a detailed feasibility study by May 25 next year.

As with the Bisha mine, the Eritrean government is entitled to a 10% free carry and has the right to buy a further 30% equity stake.

In his address to the Africa Down Under conference Chalice director Michael Griffiths told delegates “the Eritrean mining code works very well for me. It’s based on the Western Australian mining code and, so far, it’s only half a centimetre thick.”

Chalice – which has a number of gold prospects in Australia – got its exposure to Zara through a merger with ASX-listed Sub Sahara Resources which was announced in April.

Since the beginning of April the Chalice share price has quadrupled from around A$0.10 to the current level of A$0.40.

According to Chalice, the Zara project lies within an emerging gold and base metal province in East Africa which includes the Sukari gold project in Egypt, the Ariab/Hassai gold and base metal deposit in Sudan and the Bisha gold and base metal project in Eritrea. "

[unusual]

Nevsun Resources Ltd. (NSU) As of September 12th, 2009
Filing Date Transaction Date Insider Name Ownership Type Securities Nature of transaction # or value acquired or disposed of Unit Price
Sep 04/09 Aug 25/09 Hardie, Peter Jeremie Direct Ownership Options 50 - Grant of options 150,000 $1.700
Sep 03/09 Aug 25/09 Munera, Gerard Emmanuel Louis Direct Ownership Options 50 - Grant of options 150,000 $1.700
Sep 02/09 Aug 25/09 Carse, Maureen d Direct Ownership Options 50 - Grant of options 30,000 $1.700
Sep 02/09 Aug 25/09 Clarke, John Allen Direct Ownership Options 50 - Grant of options 150,000 $1.700
Sep 01/09 Aug 25/09 Gayton, Robert Direct Ownership Options 50 - Grant of options 150,000 $1.700
Sep 01/09 Aug 25/09 German, Gary Edward Direct Ownership Options 50 - Grant of options 150,000
Aug 30/09 Aug 25/09 Davis, Clifford Thomas Direct Ownership Options 50 - Grant of options 500,000 $1.700
Aug 26/09 Aug 25/09 Moss, Trevor Antony Direct Ownership Options 50 - Grant of options 150,000 $1.700
Aug 25/09 Aug 25/09 Angus, Robert Stuart Direct Ownership Options 50 - Grant of options 200,000 $1.700

[unusual]

Nevsun Resources Ltd. (NSU) As of September 16th, 2009
Filing Date Transaction Date Insider Name Ownership Type Securities Nature of transaction # or value acquired or disposed of Unit Price

Sep 16/09 Aug 25/09 Rogers, Stanley Direct Ownership Options 50 - Grant of options 150,000 $1.700

[Popeye82]

Nevsun Resources Ltd.: Bisha Project Secures Sales Contracts - Sep 21, 2009
www.marketwire.com/press-release/Nevsun-Resources-Ltd-TSX-NS…

"VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 21, 2009) -

Highlights

- Metal contracts signed for future sale of copper and gold dore

- Kin Communications hired as Nevsun's Investor Relations contact

Nevsun Resources Ltd. (TSX:NSU)(NYSE Amex:NSU) is pleased to announce that its Bisha Project has entered into metal sales contracts for its future gold and copper production at the Bisha Mine in Eritrea, Africa. Pricing for all metals will be fixed at spot rates at the time of delivery.

The Bisha Mine is expected to begin production in the fall of 2010, with a projected 10 year mine life. Bisha's gold will be refined in Switzerland and Canada by two major international companies while the copper concentrate will be shipped to major smelters in Europe and India.

Metal production within the first two years is estimated at approximately 900,000 ounces of payable gold, followed by over 500,000,000 pounds of payable copper in years 3-5, plus in years 5-10 an additional 1 billion pounds of payable zinc and 200,000,000 pounds of copper.

As a result of very high grade gold ore, the expected $200 per ounce operating costs are much lower than industry averages and accordingly the mine will generate significant cash flow for the Company and the Government of Eritrea. The resulting cash flow should enable Nevsun to quickly pay off project debt, allow for mine expansion and provide significant returns to shareholders.

Nevsun considers the metal sales contracts as a milestone and as another vote of confidence in the Project and the country of Eritrea. The Eritrean Government has been very supportive of the Bisha economic development and has been a strong partner, both financially and logistically.

Nevsun has hired Kin Communications to provide corporate communications and investor relations services. Kin is located in Vancouver and will be in continuous contact with Nevsun's management, shareholders and media to further communicate the corporate objectives of Nevsun Resources Ltd. Kin may be reached at the contact details noted below.

In addition, John Clarke has now resigned as a Director of the Company. The Board thanks John for his significant contribution over the past several years. "

[Popeye82]

Nevsun Announces CDN $32.8 Million Financing - Oct 20, 2009
www.marketwire.com/press-release/Nevsun-Resources-Ltd-TSX-NS…

[Hoizzo]

sollte doch bald wieder aufwärts gehen!

[Popeye82]

http://watch.bnn.ca/#clip231576

[phillip76]

Antwort auf Beitrag Nr.: 38.352.260 von Popeye82 am 09.11.09 21:49:03

Sehr interessanter Bericht.
Aber interessanter ist es, dass Gold weiterhin so richtig bullig ist.
Habe zum Glueck vorher noch meine Position verdoppelt
Ist eigentlich noch einer hier investiert?
Gibt es eigentlich einen weiteren potentiellen unterbewerteten Explorer a la Nevsun? RSR macht ja so viel Werbung, dass es ja da einen gibt,aber der wirklich besser ist?
BM sind auch erwuenscht
VG
und eine schoene dunkelgruene Woche!!!!

[Taifun36]

Antwort auf Beitrag Nr.: 38.392.236 von phillip76 am 16.11.09 09:14:55

Ich bin seit 1,08 dabei. Und ich werde es auch weiter bleiben. Zwar mit nich so hohem Einsatz , weil es nunmal ein Explorer ist- auch wenn er kurz vor Produktion ist- dennoch ist Vorsicht geboten

Und ich habe genug erfahren, dass es sehr schnell nach unten gehen kann- bis jetzt aber siehts ja gut aus

[Popeye82]

Nevsun's Bisha gold mine on track for Nov 2010 startup; Canadian junior, Nevsun has spent $93 million of the planned $250 million to bring its Bisha gold mine in Eritrea on stream by late next year - Reuters, ASMARA - Nov 19, 2009

- Jeremy Clarke -
www.mineweb.com/mineweb/view/mineweb/en/page66?oid=93331&sn=…

"Canada's Nevsun Resources pumped $21.7 million during the third quarter into its Eritrean Bisha project, the project's general manager said on Thursday.

Set to become the nation's first producing mine, Bisha's 27 million tonnes of ore is believed to contain 1 million ounces of gold, 700-800 million pounds of copper and 1 billion pounds of zinc.

Apart from small-scale artisanal mining and some minor extraction by Italians during the colonial era, Eritrea's mining potential is largely unexploited.

"We are by far the most advanced project in the country. November 2010 is the big drive for gold production," Stanley Rogers, Bisha general manager, told Reuters.

"In the last quarter we increased spending to a new high and doubled the number of people we have on site to 400. This is inevitable as we near production," he said.

"Actual expenditure on the Bisha project so far is $93 million, with a current budget of $250 million. It is on track and roughly half way through development," Rogers said.

The Bisha mine, which lies to the west of the capital Asmara toward the border with Sudan, was the first mine to operate in Eritrea for 70 years, Rogers said.

"We were the first to build a relationship with the government, which paved the way for other companies to follow us," he added.

The Eritrean government has a 40 percent stake in the project.

There are more than a dozen foreign companies exploring in Eritrea, with licenses held by groups from Australia, Canada, China, Libya and the United Kingdom.

(Editing by William Hardy)

© Thomson Reuters 2009. All rights reserved. "

[Popeye82]

Nevsun Attracts Analyst Upgrades - ML - Friday, December 4, 2009

- By James West -
www.midasletter.com/news/09120401_Nevsun-resources-attracts-…

[Popeye82]

Nevsun Resources expects to produce 450,000 ounces of gold per annum from 2011 - PI - Dec 8, 2009
www.proactiveinvestors.com/companies/news/3187/nevsun-resour…

[Popeye82]

Nevsun Resources Ltd.: UN Security Council Sanctions - Dec 24, 2009

Highlights

+ Sanctions on the State of Eritrea include arms embargo, certain travel restrictions and certain asset freezes

+ As yet no known impact to Nevsun or Bisha Project

+ Nevsun will monitor any new developments and any impact to its debt financing
www.marketwire.com/press-release/Nevsun-Resources-Ltd-TSX-NS…


Nevsun Resources Ltd.: Bisha Construction Milestone-Mills Delivery - Dec 24, 2009

Highlights

+ Milestone event – mills and crushers arrive at site

+ Bisha construction on track for late 2010 operations
www.marketwire.com/press-release/Nevsun-Resources-Ltd-TSX-NS…

[ooy]

Kaufen? Verkaufen?
Wie ist Eure Meinung??

[ooy]

Antwort auf Beitrag Nr.: 38.634.949 von ooy am 28.12.09 10:11:20

Keine Meinung, habe die Haelfte gegeben, zu viele Unsicherheiten jetzt.

[Extrabreit]

Antwort auf Beitrag Nr.: 38.637.276 von ooy am 28.12.09 17:07:58

Letzte Spekulation in 2009 – Wird den Industriemetallen ihr Höhenflug zum Verhängnis?
23.12.2009 - 09:01

An den Rohstoffmärkten stand im abgelaufenen Jahr vor allem der Goldpreis im
Fokus der Öffentlichkeit. Mit einem Plus von knapp 30 Prozent und dem Sprung
über die Marke von 1000 US-Dollar weckte das Edelmetall 2009 das Interesse
vieler Anleger. Nicht zuletzt deshalb, weil Gold auch als Schutz vor der in
Zukunft möglicherweise drohenden Inflation als Folge der massiven
Verschuldungswelle gilt. Noch wesentlich besser haben sich in den vergangenen
Monaten aber die Industriemetalle geschlagen. Der Preis für Zink etwa hat sich
seit Jahresbeginn verdoppelt, Blei und Kupfer konnten zwischen 130 und 140
Prozent zulegen.
Anzeige

In den kommenden Wochen könnte genau diesen Rohstoffen ihre gute Performance
allerdings zum Verhängnis werden. Denn in den ersten Tagen des neuen Jahres
werden bei einigen der großen Rohstoff-Indizes die Gewichtungen der einzelnen
Commodities auf ihre Ursprungswerte zurückgesetzt. Die orientieren sich zum
Beispiel an dem weltweiten Produktionsanteil der Rohstoffe oder deren
Handelsaktivität. Im Großen und Ganzen dürfte die Gewichtung dabei den Werten
entsprechen, die auch schon Anfang dieses Jahres galten.

Weil die Industriemetalle seitdem aber deutlich stärker gestiegen sind als
andere Rohstoffe, haben sie natürlich auch relativ stark an Gewicht zugelegt.
Und genau dieses „Übergewicht“ wird in den kommenden Wochen im Zuge des so
genannten „Rabalancings“ wieder abgebaut. Beim Dow Jones UBS Commodity Index
(DJUBS) zum Beispiel sinkt dadurch der Anteil von Kupfer von aktuell rund 11
Prozent auf das Ursprungsgewicht von unter 8 Prozent. Bei Zink sinkt das
Indexgewicht von gut vier auf wieder drei Prozent.

Was in dem Index selbst mehr oder weniger nur ein Zahlenspiel ist, um eine
dauerhaft angemessene Verteilung der einzelnen Rohstoff-Komponenten zu
gewährleisten, zieht bei allen Portfolios, die den Index abbilden,
milliardenschwere Umschichtungen nach sich. Bei Kupfer erwarten Analysten im
Zuge der notwendigen Anpassungen im DJUBS Verkäufe zwischen 1,5 und zwei
Milliarden Dollar. Das entspricht nach Angaben der LBBW rund 220.000 Tonnen
und damit ungefähr dem im Jahr 2008 erzielten Jahresüberschuss des roten
Metalls. Im Gegensatz zu diesem Jahr, wo Kupfer nach einem schlechten Vorjahr
noch von den Umschichtungen profitieren konnte, drohen nun also möglicherweise
Preisabschläge, zumal das unverändert hohe Niveau einige Marktteilnehmer
durchaus zu Gewinnmitnahmen einladen könnte.

Anleger, die vor diesem Hintergrund eine Wette auf fallende Notierungen wagen
wollen, sollten zum einen beachten, dass sie damit gegen einen intakten
Aufwärtstrend spekulieren (was grundsätzlich immer gefährlich ist) und zum
anderen wissen, dass Investments im Rohstoff-Sektor grundsätzlich mit
besonderer Vorsicht zu genießen sind. Wobei die bei Langfrist-Investments
immer wieder ärgerliche Problematik der unterschiedlichen Preise an den
Terminmärkten (wo gewisse Kursbewegungen bereits im Vorfeld eingepreist
werden) bei einer über wenige Wochen angelegten Spekulation nicht ganz so
stark zum Tragen kommen. Erst recht nicht, wenn man diese „Wetten“ mit
Hebelprodukten umsetzt. Zum Beispiel mit einem 3,5-fach gehebelten Mini Short
Future der RBS auf den an der COMEX (in Dollar) notierten Kupferpreis. Sollte
die Nachfrage nach dem Metall allerdings so groß sein, dass Kupfer trotz der
anstehenden Verkäufe weiter steigt, drohen bei solchen Papieren eben auch
überproportionale Verluste. Und bei einem Anstieg auf oder über die Knock-out-
Barriere (hier aktuell bei 3,62 Dollar) kommt es sogar zum vorzeitigen Verfall
des sonst theoretisch unendlich laufenden Papiers (WKN: AA076L). Das Gleiche
gilt auch für etwaige Short-Spekulationen auf andere negativ von den
Anpassungen betroffenen Industriemetalle wie Blei (zum Beispiel WKN: SG5HLU)
oder Zink (WKN: SG5EQA).

Wir wünschen allen Lesern neben viel Glück und Erfolg bei etwaigen Investments
natürlich auch ein gemütliches und erholsames Weihnachtsfest sowie einen
gelungenen Rutsch in ein hoffentlich gesundes und erfolgreiches Neues Jahr.
Das Investmentecken-Team um Ralf Andress und Thomas Koch verabschiedet sich in
eine kurze schöpferische Pause und meldet sich am 4. Januar mit der ersten
Investmentecke 2010 zurück.

Thomas Koch

[DermitdemBrokertanzt]

Na Ihr lieben wo sind denn nun Eure lieben Pusherblättchen? Ich hoffe RoRaketen, PRaketen und TrRaketen haben Euch gewarnt!! Oder könnte es sogar sein das sie garnichts von sich hören ließen in den letzten drei Tagen in denen der Kurs um jeweil fast 10% gefallen ist? Würde mich mal interessieren wie die sich rausreden, warscheinlich waren alle im Urlaub und es konnte keine schnelle Warnung bzw. empfehlung zum Ausstieg gegeben werden oder? Die empfehlen Euch die Aktie und lassen Euch dann mit der entscheidung ob Ihr verkaufen oder halten sollt im Regen stehen habe ich schon in mehreren Bords gelesen! Na ja jeder muss selbst entscheiden was er liesst! Bis bald und ich hoffe für Euch sie fällt nicht weiter bzw. Ihr trefft die richtige Entscheidung!

[ooy]

Antwort auf Beitrag Nr.: 38.642.799 von DermitdemBrokertanzt am 29.12.09 17:14:42

Danke Dir. Habe mit dem haelftigen Ausstieg jetzt die andere Haelfte umsonst, Dank dem Einstieg unter 0,90.
Jetzt heisst es erstmal abwarten, ob die Finanzierung haelt...

[Extrabreit]

Antwort auf Beitrag Nr.: 38.642.799 von DermitdemBrokertanzt am 29.12.09 17:14:42

jaja, die Lemmis

ooy

Ich stehe bei Metallaktien erstmal an der Seitenlinie.
Meiner Meinung korrigieren gerade Kupfer und Zink erstmal deutlich nach unten. Bei Nevsun ist natürlich auch 2010 und 2011 der Goldpreis wichtig. und der steigt nach den allgemeinen Prognosen auf 1500 US$. Nach meiner fällt der Kurs auf 920-850US$. In dem Kursbereich sollte sich ein Zukauf lohnen.

[Extrabreit]

sollte den Investierten bekannt sein, wenn nicht mal lesen...


Eritrea: UN-Sicherheitsrat weitet Sanktionen aus

23.12.2009 | 21:43 | (DiePresse.com)

Ein Waffenembargo und Reisebeschränkungen wegen der Hilfe an Islamisten in Somalia wurde beschlossen. Das Auslandsvermögen führender Politiker und Militärs wird eingefroren.



Die UNO hat Sanktionen gegen Eritrea wegen der Unterstützung von Islamisten im Nachbarland Somalia verhängt. Der Sicherheitsrat verabschiedete mit 13 von 15 Stimmen eine Resolution, die unter anderem ein Waffenembargo und Reiseverbote beinhaltet. Dagegen war Libyen; die Vetomacht China enthielt sich der Stimme. Die USA und andere Staaten werfen Eritrea vor, den Al-Shabaab-Rebellen in Somalia mit Waffen und Geld in ihrem Kampf gegen die von der UNO unterstützte Übergangsregierung zu helfen.

Die Resolution 1907 verbietet alle Im- und Exporte von Waffen nach und aus Eritrea. Die Regierung in Asmara wird darin aufgefordert, "alle Anstrengungen zu unterlassen, die somalische Übergangsregierung direkt oder indirekt zu destabilisieren oder zu stürzen". Das Auslandsvermögen führender Politiker und Militärs wird eingefroren, außerdem wurden Reisebeschränkungen verhängt, wobei am Mittwoch keine Namen genannt wurden. Ein eigens eingerichteter Ausschuss soll in den kommenden Wochen festlegen, wer unter die Sanktionen fallen soll.

Außerdem wird Eritrea angehalten, seine Truppen von den umstrittenen Gebieten im Grenzbereich mit Dschibuti abzuziehen und eine diplomatische Einigung des Nachbarschaftsstreits anzustreben.
Eritrea: Vorwürfe sind Lügen

Eritreas UNO-Botschafter Araya Desta bezeichnete die Vorwürfe als "beschämend" und als "Lügen". Er warf Äthiopien und den USA vor, den Sicherheitsrat zu den Sanktionen gedrängt zu haben. Ein Waffenembargo gegen Eritrea besteht seit 1992, wurde aber mehrfach umformuliert, weil Eritrea immer wieder in Konflikte mit seinen Nachbarländern getreten war.

Eritrea hatte 1993 nach jahrzehntelangem Kampf die Unabhängigkeit von Äthiopien erlangt. Der einstige Rebellenführer Isaias Afworki errichtete als Präsident ein autokratisches Herrschaftssystem und isolierte das Land am afrikanischen Ufer des Roten Meeres zunehmend von der Außenwelt. Menschenrechtsgruppen halten der Regierung schwerste Menschenrechtsverletzungen vor.

Somalia hat seit 1991 faktisch keine Zentralregierung mehr. Die von der UNO unterstützte Übergangsregierung Sheik Sharif Ahmeds hat selbst in der Hauptstadt Mogadischu nur Kontrolle über einige Stadtteile und ist vom Schutz der Friedenstruppen der Afrikanischen Union (AU) abhängig. Die Al-Shabaab-Miliz, die von den USA als Terrororganisation mit Verbindungen zu Al-Kaida eingestuft wird, kontrolliert hingegen große Gebiete vor allem im Süden und im Zentrum Somalias und hat dort eine eigene Verwaltung und ein radikalislamisches Gerichtswesen eingeführt.

(Ag.)

[Boletus]

Tag zusammen, bin neu hier und bitte um wohlwollende Aufnahme.

Hatte Nevsun seit einem Jahr auf der Beobachtungsliste und mußte zusehen, wie das Teil schön stieg und ich kein cash frei hatte.
Nach dem Rücksetzer wegen der Meldung siehe (Extrabreit: Eritrea: UN-Sicherheitsrat weitet Sanktionen aus) kam NSU von 3,40 auf 2,42CAN zurück.
Habe nun die Chance zum Einstieg genutzt. Mal schauen, ob mein Invest aufgeht.

Wünsche allen hier ein Glückliches und Gesundes 2010 sowie ein glückliches Händchen bei Euren Investments.

Boletus

[Boletus]

Der Kurs scheint wohl bei 2,42CAN$ eine Unterstützungslinie gefunden zu haben.



Auf geht's.

[Frickhasserin]

bin auch wieder dabei

[Boletus]

Antwort auf Beitrag Nr.: 38.648.366 von Frickhasserin am 30.12.09 17:31:07

wir haben eine Gemeinsamkeit

[Taifun36]

Ist doch schon ganz gut gelaufen. Bin leider erst bei 1,08 rein gegangen aber besser als gar nicht dabei

[Boletus]

Antwort auf Beitrag Nr.: 38.649.389 von Taifun36 am 30.12.09 21:05:42

1,08 € oder CAN$ ?

[Boletus]

sehenswert:
http://www.nevsun.com/properties/photo_gallery/

[Boletus]

So, habe mal die Mühe gemacht, die letzte News zu übersetzen:

NEWS
Bisha Construction Milestone – Mills Delivery
December 24, 2009

Bisha Construction Milestone – Mills Delivery Highlights

* Milestone event – mills and crushers arrive at site

* Bisha construction on track for late 2010 operations

"Nevsun Resources Ltd. (NSU-TSX/AMEX) ist erfreut bekannt zu geben, dass ein Hauptmeilenstein auf seinem Bisha-Projekte mit der Übergabe der Hauptausrüstung erreicht ist. In der letzten Woche haben sowohl die SAG-Mühle als auch die Kugelmühle und die primäre Zerkleinerungsmaschine das Bisha-Projekt erreicht. Die Installation der Mühlen und Zerkleinerungsmaschine wird im neuen Jahr anfangen. Bilder des Baufortschritts können auf unserer Nevsun Website an http://www.nevsun.com/properties/photo_gallery/ angesehen werden.

Die Installation der Mühlen ist eine kritische (entscheidende) Stufe des Projektes, und ihre rechtzeitige Ankunft erhält die Entwicklungszeitachse aufrecht. Das Projekt wird so fortgesetzt, dass mit der Minenproduktion Ende 2010 begonnen werden kann.

Das Bisha-Projekt ist ein Gold/Kupfer/Zink des hohen Grads VMS Ablagerung, die 2003 entdeckt, zur Durchführbarkeit gegen Ende 2006 gebracht wurde und seine offizielle Entwicklungsbühne am Anfang von 2009 begann. Das Projekt hat die starke Unterstützung der Regierung Eritreas, die einen 40-%-Eigentumsrecht-Anteil in der Projektgesellschaft hat.
Nevsun freut sich auf ein sehr produktives Jahr 2010."

Original siehe: http://www.nevsun.com/news/index.php?&content_id=92

SK: 2,55 CAN$ +5,4% bei über 1Mio Vol

Gute n'8!
Boletus

[Boletus]

[Boletus]

Im Gegensatz zum Handelsplatz in Toronto wo am gestrigen Freitag Umsätze um die 233.000 Stück und an der AMEX um die 357.000 Stück realisiert wurden, ist der Umsatz hier in Deutschland sehr, sehr überschaubar.
Frankfurt: 76.000
München: 3.000
Stuttgart: 0

Offensichtlich ist Nevsun hier in D nicht so richtig bekannt. Das merkt man auch im Forum.
RSR hat übrigens gestern Nevsun in ihr Traiding-Depot aufgenommen:

"Im Tradingdepot 2010 begrüßen wir mit NEVSUN (WKN 901304) einen alten Bekannten. 2000 Aktien wurden mit einem Schnitt von 1,667 Euro gekauft. Damit ist Nevsun nach Andina die zweite Aktie im Depot. ... Nevsun kam nach einem Waffenembargo der UN und einer Reisewarnung der USA für Eritrea unter Druck. Auswirkungen auf den Bau der Weltklasse-Bisha-Mine sehen wir keine. Die Aktie sollte in den nächsten Wochen daher wieder deutlich über 3 CAD steigen."

Mal schauen, ob die Spekulation von RSR um die die 20% innerhalb der nächsten Wochen aufgeht.
Wochenendgruß

[Boletus]

News vom 14.01.2010

Sinngemäß lauten m.E.(frei übersetzt, keine Garantie für die Richtigkeit!!) die News:
NACHRICHTEN
Bisha erneute Bestätigung der Darlehens - Optionen
14. Januar 2010

Nevsun Resources Ltd. (NSU-TSX/AMEX) ist zufrieden folgende Information veröffentlichen zu können: Die Industrielle Entwicklungsvereinigung von Südafrika Ltd. ("IDC") bestätigt erneut ihr Engagement zur Projektentwicklung des Bisha-Projektes in Eritrea in Form der Bestätigung der Vereinbarung einer 89 Mio $ Darlehens-Option. Im Juli 2009 unterzeichnete die Gesellschaft eine umfassende Kreditdokumentation mit der IDC und einer Gruppe europäische Geldgeber über Finanzierungsmöglichkeiten des Bisha-Projektes. Die Gesellschaft erwartet nun auch die Bestätigung des Engagements der europäische Kapitalgeber zu den damals abgestimmten und ausgewogenen (ausgehandelten?) Optionen in den Vereinbarungen.


Somit ist auch das massive Handelsvolumen vom Donnerstag, dem 14.1. in Nordamerika zu erklären.

Die Originalnachricht:http://www.nevsun.com/news/index.php?&content_id=95
NEWS
Bisha Debt Facilities Reconfirmed
January 14, 2010

Nevsun Resources Ltd. (NSU-TSX/AMEX) is pleased to advise that the Industrial Development Corporation Limited of South Africa (“IDC”) has re-confirmed its commitment to provide $89 million in project debt facilities to the Bisha project in Eritrea. In July 2009 the Company signed extensive loan documentation with IDC and a group European lenders for the funding of the Bisha project via debt facilities. The Company is waiting for European lenders to also reconfirm their commitment on the balance of the facilities agreed to at that time.

[Popeye82]

UN sanctions no deterrence for Eritrean mining-Bisha; Eritrea's fledgling mining sector is unlikely to be affected by U.N. sanctions on the Red Sea state, the general manager of Bisha mine, run by Canada's Nevsun Resources, said on Friday - Reuters/IJD - Jan 15, 2010
www.rnw.nl/int-justice/article/un-sanctions-no-deterrence-er…

"Eritrea is seen on the threshold of a mining boom, with hopes it may boost an agriculture-based economy that has suffered from irregular rainfall.

The United Nations last month voted to punish Eritrea for its alleged support of Islamist insurgents in Somalia. The decision initially weighed on Nevsun's shares.

Stanley Rogers, the head of the Bisha project, however said the industry was not feeling the heat and all eyes were on the movement of the price of gold.

"There has been no slowdown whatsoever since the announcement, the momentum has continued. I don't expect anything to change with respect to our project. Our production start date remains the same. I would have thought it was the same at other projects," he said.

"For (investors), the international price of gold is a more decisive factor than sanctions imposed on a single country."

External perceptions of Eritrea are at odds with the internal reality, he added. "Internally, this is a stable place to do business. My view on this hasn't changed," he said.

Bisha is Eritrea's most advanced mining project. Its 27 million tonnes of ore are believed to contain 1 million ounces of gold, 700-800 million pounds of copper and 1 billion pounds of zinc. Production is expected by the end of the year.


Ethical dilemma?
Asmara is accused by the United Nations and others of fuelling the chaos in Somalia -- where 18,000 people have died in violence since the start of 2007 -- by sending funds and arms to rebel groups battling the UN-backed transitional government.

Sanctions include an arms embargo, travel bans and asset freezes. They do not target the interests of mining companies operating in Eritrea, where licenses are held by groups from Australia, Canada, China, Libya and the United Kingdom.

But some observers argue there is now an ethical obligation on the part of these companies -- some hailing from nations who were vocal supporters of the sanctions -- not to put millions of dollars in the pockets of the Eritrean government.

"Absolutely not the case," said Rogers, "External investment is up to the individual. We're not forcing people to spend money (in Eritrea). We're not involved in the politics of the nation or internationally ... people are still investing."

Apart from small-scale artisan mining and some minor extraction by Italians during the colonial era, Eritrea's mining potential is not fully exploited.

Gold, zinc and copper are the main interests, and more than a dozen foreign companies are now exploring or about to begin combing its arid plains.

Before sanctions were imposed in December, Nevsun spent a record $21.7 million on its Bisha project in the third quarter of 2009. "

[Boletus]

NEWS
Bisha Update
January 21, 2010

Ich habe keinen Bock zu übersetzen. Aber es sieht guuuut aus. Für Ende Januar ist erneut eine Analystentour nach Eritrea geplant und 50% der Mine sind fertig. Der Chart springt auch gleich an.

http://www.nevsun.com/news/index.php?&content_id=96



Boletus

[ooy]

Nevsun Resources Ltd.: Private Placement


1:10 PM ET, February 4, 2010


VANCOUVER, BRITISH COLUMBIA, Feb 4, 2010 (Marketwire via COMTEX) -- Nevsun Resources Ltd. (NSU)(US:NSU) -

HIGHLIGHTS:

-- $117 MILLION PRIVATE PLACEMENT (US$110 MILLION)-- BISHA FINANCE OVERHANG REMOVED
Nevsun Resources Ltd. ("Nevsun") is pleased to advise that it has arranged a non-brokered private placement financing of 52,000,000 common shares at Cdn $2.25 per share for Cdn$117 million (US$110 million). The private placement is scheduled to close on or before February 19, 2010 and is subject to certain conditions, including the receipt of all necessary regulatory approvals. The net proceeds from the offering will be used for Bisha mine development and general working capital purposes.

The Company is confident the funds from this private placement, together with its existing cash and the ongoing one-third contribution by the State of Eritrea to Bisha will be sufficient to see the Bisha project through to cash positive operations. The funding arrangements are in excess of estimated costs to complete so as to provide a reasonable cushion in the event of unforeseen events.

The Eritrean National Mining Corporation (ENAMCO) has reliably provided its one-third contributing share of financing to Bisha as the project has progressed. In addition the State continues to provide overall support for a responsible mining industry that is in the early stages of development within the country.

The change in approach to the funding of the Bisha project is to ensure the project continues on schedule. While Bisha had already completed project debt agreements with European and South African lenders, these debt facilities have not yet been drawn because the European lenders required the German government's support via its UFK scheme (effectively a partial guarantee to European lenders). The Company regrets that the European lenders and German government have been unable to follow through within our time requirements. The South African lender recently reconfirmed the availability of project debt (refer to Nevsun news release dated January 14, 2010) however it became apparent very recently that access to the debt in our time frame was uncertain. The Company and ENAMCO have concluded that the debt facilities are sufficiently unreliable and inconclusive for our project.

The Company has taken a prudent business approach to secure funding needed to complete the Bisha project on schedule and has no practical alternative but to proceed without the debt providers. While the Company would have preferred to stay with a leveraged project, the higher priority is to get the project built and producing cash. Due to the very robust nature of the project and assuming recent metals prices, the payback to the Company is now expected to be under one year.

As advised in news releases during January, the project is very well advanced (approaching 50% complete) and costs are re-estimated to be approximately $260 million, close to the original budget of approximately $250 million.

The securities being offered in the non-brokered private placement have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, (the "U.S. Securities Act"), and such securities may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons absent registration under the U.S. Securities Act or an exemption therefrom. This release does not constitute an offer to sell or a solicitation of an offer to buy the securities in the United States.

Forward Looking Statements: The above contains forward looking statements that are subject to a number of known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those anticipated in our forward looking statements. Factors that could cause such differences include: the closing date of the announced private placement, the total value of the private placement, the adequacy of funding for development of the Bisha project and the continuing availability of funding from the State of Eritrea. Forward-looking statements in this release include statements regarding future dates, plans for proceeds, expected costs to complete, percentage of completion and pay-back period using recent metals prices. Although we believe the expectations reflected in our forward looking statements are reasonable, results may vary, and we cannot guarantee future results, levels of activity, performance or achievements.

NEVSUN RESOURCES LTD.

Cliff T. Davis, President & Chief Executive Officer

SOURCE: Nevsun Resources Ltd.

[ooy]

...und jetzt ausgesetzt:

Investment Industry Regulatory Organization of Canada - Trading Halt - Nevsun Resources Ltd. - NSU


1:16 PM ET, February 4, 2010


TORONTO, Feb. 4, 2010 (Canada NewsWire via COMTEX) -- The following issues have been halted by Investment Industry Regulatory Organization of Canada (IIROC):

Issuer Name: Nevsun Resources Ltd. TSX Ticker Symbol: NSU

[ooy]

Geht aber gleich weiter.
Versteh ich nicht, erst die News heute morgen, dann ausgesetzt und gleich weiter??
Na ja, hab mal zu 1,34 gekauft heute.

Investment Industry Regulatory Organization of Canada - Trade Resumption - Nevsun Resources Ltd. - NSU


1:24 PM ET, February 4, 2010


TORONTO, Feb. 4, 2010 (Canada NewsWire via COMTEX) -- Trading resumes in:

Issuer Name: Nevsun Resources Ltd. TSX Ticker Symbol: NSU Resumption Time: 1:30 p.m.

[Boletus]

Ja Super! Gute Nachricht. Das wird den Kurs in den nächsten Tagen und Wochen beflügeln. In Abhängigkeit von der Goldkorrektur [Analysten gehen von ca. 1020 - 1030$ aus] wird das Schätzchen hier schnell flügge.

[ooy]

Sehe ich auch so, der Kurs steigt ja auch schon kraeftig.

[Taifun36]

Hier gibnts ja schon Beschwerden, dass es im Forum leer sei.
Ich war aber die ganze Zeit dabei. Bin immerhin investiert. Dann schaut man immer wieder mal hin

Solche Tage dürfen öfters kommen- Ich habe auch nicht eine einzige verkauft

[Taifun36]

Über 3 Mio gingen das über den Tisch- Na wenn das nicht was erfreuliches ist

[ooy]

Hab zu 1,681 mal was mitgenommen...

[Boletus]

Pro Tag so + 1%-2% ist schon ok.
Was mich wundert, kaum jemand im alten Germania interssiert sich für Nevsun. Die Umsätze an den Börsen bei uns sind eher überschaubar. Woran liegt das?? UND HIER IST ES AUCH TOD!



Abendgruß

[Taifun36]

Ich hoffe, dass die heutige Endrallye der Startschuss war für deutlich höhere Kurse

[Boletus]

Antwort auf Beitrag Nr.: 39.154.026 von Taifun36 am 16.03.10 21:08:54

Huu, wenigstens EINER neben mir, der hier noch beobachtet. Ja, ein schöner Anstieg. Ich verstehe echt nicht, weswegen dieser Wert bei uns in D so ein schmales Volumen hat.

[Boletus]

Einige nehmen nun schon mal Gewinne mit. Wieviel Potenzial steckt kurzfristig noch in NSU? Haben wir hier jemanden, der Charts lesen und interpretieren kann?



Der Handel an unseren Börsen ist ja nun in den letzten Tagen auch etwas angesprungen. Ich kann mir nicht vorstellen, dass NSU ein Geheimtipp war.

[Boletus]

Aktuelles Update von der Fertigstellung:

May 12, 2010
Bisha Update & Plant Commissioning Targets

Nevsun Resources Ltd. (TSX:NSU / NYSE Amex:NSU) is pleased to provide a brief update on the Bisha project and the first quarter results.

BISHA PROJECT UPDATE

The Bisha Project is positioned to be Eritrea’s first modern day mine, with production under the current mine plan to yield payable metals of 1.06M oz gold, 734M lb copper, 1B lb zinc and 9.4M oz silver. It benefits from the continued support of the local Eritrea Government and is fully financed.
Mine construction continues on schedule, with the Bisha project now approximately 60% complete. During the course of Q1 2010, the following milestones were achieved:

1. Financing completed by Nevsun;
2. Ball and SAG mills assembled and set in place;
3. Pre-strip mining commenced;
4. Cost expenditure transpired virtually as planned. At March 31, 2010, approximately $175 million had been spent, ordered or arranged and the project remains on track to come within the targeted $260 million total cost.

Pictures of the construction progress are updated regularly and can be found on the Company web site – www.nevsun.com/properties/photo_gallery .

Targets for remainder of 2010:

Q2
1. SAG and Ball mills fully installed;

Q3
2. Completion of structural steel and plate-work;
3. Completion of plant electrical and piping;
4. Completion of pre-strip and ore stockpiling;

Q4
5. Completion of tails management facility;
6. Plant commissioning;
7. First gold production.

The Company is still on target for the commissioning of the plant in Q4 2010 and all key senior operations personnel are in place for supervision, training and commissioning purposes. Installation of the SAG and ball grinding mills is ongoing and should be completed by the end of Q2. Furthermore, the construction of the tailings facility commenced in Q4 2009 and installation of the impermeable liner is ongoing and should be completed in Q4 2010.

QUARTERLY RESULTS

The Company’s end of quarter financial position includes a healthy $113 million cash position that, together with the financial contribution by the State of Eritrea, will carry the project through to positive cash flow in Q1 2011. The estimated Bisha Project cash flow under various metals price assumptions is included in the annual MD&A and posted on the Nevsun web site - www.nevsun.com/project/highlights .

During the first quarter the Company wrote off deferred finance costs of $10.7 million associated with previous project debt arrangements as a result of switching to an all equity approach to financing the Bisha construction. As noted in our press release on February 23, 2010, the decision to finance the project by equity instead of debt has significantly enhanced the estimated cash flow through the elimination of finance costs and debt repayment. The first quarter loss of $11.5 million compares to $1.3 million for the same period last year.

Complete details of the Q1 2010 financial statements and management's discussion and analysis can be found on the Nevsun website at www.nevsun.com as well as on Sedar at www.sedar.com and EDGAR at http://www.sec.gov/edgar/searchedgar/webusers.htm.

Forward Looking Statements:
Forward Looking Statements: The above contains forward-looking statements concerning cash position, construction progress, reserves, mine planning and project economics. Forward-looking statements are frequently, but not always, identified by words such as “expects,” “anticipates,” “believes,” “intends,” “estimates,” “potential,” “possible” and similar expressions, or statements that events, conditions or results “will,” “may,” “could” or “should” occur or be achieved. Forward-looking statements are statements about the future and are inherently uncertain, and actual achievements of the Company or other future events or conditions may differ materially from those reflected in the forward-looking statements due to a variety of risks, uncertainties and other factors, including, without limitation, those described in the Management Discussion and Analysis of the Company. The Company’s forward-looking statements are based on the beliefs, expectations and opinions of management on the date the statements are made and the Company assumes no obligation to update such forward-looking statements in the future. For the reasons set forth above, investors should not place undue reliance on forward-looking statements.

NEVSUN RESOURCES LTD.
Cliff T. Davis
President & Chief Executive Officer

For further information, please contact:
Kin Communications
Tel: [phone]
Toll free 1 866 684 6730
Email: [e-mail]
Website: www.nevsun.com

[Boletus]

An unseren Börsen fast unbemerkt. Nevsun wird ja auch nicht von den Börsenbriefen beworben. Aber das Volumen in Kanada und USA ist schon ordentlich.
NSU hat bis zur Produktion noch Potenzial. Insbesondere die nächsten Wochen werden für die Investierten angenehme Momente bringen.

Ist hier noch jemand der investiert ist?

[Boletus]

Habe mich schon gewundert, weswegen der Kurs seit letzter Woche trotz letztem Update von NSU stetig fällt.
Auf Reuters kam am 13.5. ein Artikel wegen Behinderung von Religionsfreiheit und Unterstützung für Waffenzwischenlieferanten am Horn von Afrika.
Es werden Bergbaugesellschaften gewarnt, sich in Eritrea zu engagieren ... Das Listing an US Börsen wird in Frage gestellt und somit auch Druck auf Kanadische Börsen gemacht.

(Wer steckt nun wieder dahinter? Ich erinnere an die Reisewarnung des US Außenministeriums Ende 2009. Laßt Euch nicht verar...!)

Meine Meinung, Kleinanleger in USA und Kanada sollen rausgespült werden, denn bekanntlich geht NSU im IV. Quartal in Produktion.

Hier die Nachricht:
U.S. should deter foreign mining in Eritrea-report
Accuses Eritrea of religious freedom abuses

* Calls for hardening of U.S. policy

* Eritrea denies abuses, foreign miners reject call

By Jeremy Clarke

NAIROBI, May 13 (Reuters) - Mining companies should be deterred from working in Eritrea and banned from raising capital or listing their securities in the United States due to Eritrea's rights abuse record, a U.S.-commissioned report said. The United States Commission on International Religious Freedom (USCIRF) said Eritrea's systematic violation of religious freedoms should mean prohibitive restrictions for foreign firms joining the nation's impending gold mining boom.

Some 16 foreign mining companies are operating in the Red Sea state. Canada's Nevsun Resources Ltd (NSU.TO) is expected to be the first to start producing gold later this year, followed some 12 months later by Australia's Chalice Gold Mines (CHN.AX).

No U.S.-based mining company is operating in the country but analysts say an aggressive stance in Washington would heap pressure on Australia and Canada among others to follow suit.

"The U.S. government should ... prohibit any foreign company's raising capital or listing its securities in the United States while engaged in developing Eritrea's mineral resources," USCIRF said in its report released this month.

The government-funded commission was set up under the 1998 International Religious Freedom Act to give independent advice to the White House and Congress and make policy suggestions.

"NOT POLITICAL"

"Religious freedom violations continue in Eritrea. These violations include ... torture or other ill-treatment of religious prisoners, sometimes resulting in death," USCIRF said.

Rights groups claim more than 3,000 religious prisoners are being detained without charge in Eritrea, some in underground dungeons and old metal shipping containers in the desert.

Eritrea rejects all accusations relating to religious persecution, saying they are based on thin anecdotal evidence.

The only religions officially registered in Eritrea are Eritrean Orthodox, Roman Catholic, the Lutheran Evangelical Church of Eritrea, and Islam. Groups say Eritreans of other faiths, especially Jehovah's Witnesses and Baha'is, are routinely mistreated and harassed.

In response to the report, one Eritrea-based foreign miner insisted the industry was a positive force in the country.

"We are not a political organisation, we are a business and our presence is undeniably good for the average Eritrean," Timothy Strong, Eritrea manager for British mining company London Africa, told Reuters by email.

"The industry creates jobs, helps Eritrea mine its own resource and we contribute to local communities," Strong said.

Nevsun's shares have previously taken a hit from international action against Eritrea. United Nations sanctions imposed last December on Eritrea for its alleged role in Somalia saw the company's stock tumble 14 percent. [ID:nN24187084] (Editing by Richard Lough and Giles Elgood) ((Email: [e-mail]; tel:: [phone])) (For more Reuters Africa coverage and to have your say on the top issues, visit: africa.reuters.com/)

[Boletus]

Antwort auf Beitrag Nr.: 39.534.526 von Boletus am 17.05.10 19:40:28

Und auf Goldseiten.de :
http://www.goldseiten.de/content/diverses/artikel.php?storyi…

[Boletus]

Antwort auf Beitrag Nr.: 39.534.641 von Boletus am 17.05.10 19:56:01

Interessant, wie man doch so einiges steuern kann!!

[mao_1]

Antwort auf Beitrag Nr.: 39.534.641 von Boletus am 17.05.10 19:56:01

Auszüge aus Wikipedia über die UCSIRF:

Following this controversy, the US government has distanced itself from the USCIRF. Observers have noted that the United States State Department will be displeased with the determination of the UCSIRF, which will give the Indian government the mistaken notion that UCSIRF has any real power in shaping foreign policy. A US State Department spokesperson stressed that the commission is an independent federal commission that does not speak for the United States government[10].

The USCIRF was set up after intense lobbying by Christian evangelical groups and often draws criticism for preparing highly partisan or politically motivated reports on other countries. Very often, their annual reports are based merely on media reports that have little credibility, or on the word-of-mouth rumors.[5] The reports are published often without having done any field work on the ground of the subject countries.

Furthermore, the USCIRF has been accused of being a partisan pro-Christian organization, and has been accused of being anti-Muslim.

Das hilft vielleicht solche Nachrichten einzuordnen.

[Boletus]

Antwort auf Beitrag Nr.: 39.534.875 von mao_1 am 17.05.10 20:27:47

o.k. das bestätigt offenbar meine Auffassung

NSU ist unterbewertet. Wer die Nerven hat, macht mit diesem Investment nicht nur Gewinne, sondern schützt sich auch vor Wertverlust seines sauer und versteuerten Geldes!

[mao_1]

Antwort auf Beitrag Nr.: 39.542.177 von Boletus am 18.05.10 20:49:25

NSU hat bei momentanem Goldpreis einen NPV zwischen 7-8 Dollar und ist mit einem IRR>50% eines der profitabelsten Projekte weit und breit. Warum sich das bisher nicht im Aktienkurs niedergeschlagen hat liegt an der landläufigen Meinung zum Länderrisiko und dem latenten Risiko, ob und wieviel der Staat für die vereinbarte 30% Projektbeteiligung zahlen wird.

[Boletus]

Antwort auf Beitrag Nr.: 39.542.495 von mao_1 am 18.05.10 21:24:51

Das Verdoppelungspotenzial für den Kaptalwert ist ja nur die momentane Annahme. Aber wenn Aurum, wie Analysten beschreiben, ein Potenzial jenseits der 2.300$/Oz hat, wird es, spekulativ betrachtet, wahrscheinlich nicht nur bei einer Verdoppelung des NPV bleiben. Das ist zumindest meine persönliche Annahme.

[Boletus]

Sehe ich es richtig? Zum Tagesschluß Kauft jemand noch für 150K alle freien Positionen und Tags über bewegt sich alles bei den Kleinanlegern um die 5K. Die Großen sammeln also fleißig.
Frohe Pfingsten

[Boletus]

Sieht wieder gut aus und die Meldung vom 13.5. ist wohl schon wieder verdaut.



Boletus

[Taifun36]

FAHNENSTANGENALARM!!!!!

[Boletus]

Antwort auf Beitrag Nr.: 39.670.778 von Taifun36 am 11.06.10 17:08:35

Warum wohl?
http://www.finanznachrichten.de/nachrichten-aktien/nevsun-re…

SmarTrend's Candlestick Scanner Detects Bullish Harami Pattern for Nevsun Resources (NSU)
Written on Fri, 06/11/2010 - 8:01am
By Chip Brian

SmarTrend's candlestick pattern scanner has detected a bullish harami candle pattern for shares of Nevsun Resources (AMEX:NSU).
Yesterday's real body is within the previous day's body and may imply that traders and investors believe that the recent move lower is exhausted.
A green candle today would confirm this trend reversal. Also, the narrower the green real body yesterday, the more reliable the harami.
Yesterday, this company traded 200,293 shares, versus the previous day's total volume of 199,373. Decreased volume also is an indicator that the selling pressure may have subsided.
SmarTrend issued an Uptrend alert on shares of Nevsun Resources on February 10, 2010 at $2.40 per share (26.2% return since that call). This bullish candle pattern may point to a continuation of the previously called Uptrend.

[Boletus]

http://www.finanznachrichten.de/nachrichten-2010-06/17136150…
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 06/11/10 -- Nevsun Resources Ltd. (TSX: NSU)(NYSE Amex: NSU) -

At the request of Market Surveillance of the Investment Industry Regulatory Organization of Canda (IIROC), on behalf of the Toronto Stock Exchange, the Company wishes to advise that it is not aware of any material undisclosed development that would cause the significant upward movement of the Company's share price.

The Company's Bisha Project continues to be on target for plant commissioning in late 2010. We refer you to other recent news releases for information about the Bisha Project.

NEVSUN RESOURCES LTD.

Cliff T. Davis , President&Chief Executive Officer

Contacts:
Kin Communications
604 684 6730 or Toll Free: 1 866 684 6730
[e-mail]
www.nevsun.com

Prompt Online Translator
VANCOUVER, DAS BRITISCHE COLUMBIA - (Marketwire) - am 06/11/10 - Nevsun Resources Ltd. (TSX: NSU) (NYSE Amex: NSU) -

Auf Bitte von der Marktkontrolle der Investitionsindustrie möchte die Durchführungsorganisation von Canda (IIROC), im Auftrag der Toronto Börse, der Gesellschaft mitteilen, dass es jeder materiellen geheim gehaltenen Entwicklung nicht bewusst ist, die die bedeutende nach oben gerichtete Bewegung des Aktienkurses der Gesellschaft verursachen würde.

Der Company's Bisha Project setzt fort, auf dem Ziel für das Pflanzenbeauftragen gegen Ende 2010 zu sein. Wir verweisen Sie auf andere neue Pressemitteilungen für die Information über das Projekt von Bisha.

[Minenfee]

Antwort auf Beitrag Nr.: 39.673.098 von Boletus am 12.06.10 11:19:30

Auf der Homepage von Nevsun gibt es eine neue interessante Präsentation !

In Can wird die Aktie seit einiger Zeit auch stark gehandelt und mit schönen Gewinnen !!
D hängt wieder einmal nach, offensichtlich steht die Aktie hier nicht unter Beobachtung und Börsenbriefe sind auch noch nicht aufgesprungen.

Meiner Meinung nach könnte es ein interessantes Investment werden.

Gruss Minenfee

[ooy]

Antwort auf Beitrag Nr.: 39.674.937 von Minenfee am 13.06.10 14:20:24

Doch doch, Alles schon durchgekaut, RSR hat bei 0,85 empfohlen, ich habe Gewinne mitgenommen, ist jetzt durchaus fair bewertet, kaufen wuerde ich jetzt nicht mehr

[Boletus]

vom 8.6.2010

http://www.finanzen.net/nachricht/aktien/US-Aktie-
Hot-Stock-der-Wall-Street-Nevsun-Resources-807534" target="_blank" rel="nofollow ugc noopener">http://www.finanzen.net/nachricht/aktien/US-Aktie-
Hot-Stock-der-Wall-Street-Nevsun-Resources-807534

Diese Woche dreht sich unsere Serie „Hot Stock der Wall Street“ um den kanadischen Explorer Nevsun Resources, der ein Gold-Kupfer-Zink-Projekt in Eritrea betreibt. Läuft alles wie geschmiert, so hat der Kurs erhebliches Potential.

von Tim Schäfer, New York

Vorstandschef Cliff Davis sprühte auf einer Minenkonferenz der „New York Society of Security Analysts“ vor Zuversicht. Die amerikanischen Investoren zeigten sich beeindruckt von seinem Vortrag, wenngleich es kritische Fragen zur politischen Stabilität in Eritrea gab. In dem 5,6-Millionen-Einwohner-Staat, der im Nordosten Afrikas liegt, ist Nevsun Resources seit zehn Jahren aktiv. „Die Infrastruktur des Landes ist gut“, berichtete Manager Davis. Selbst die Lufthansa bietet Direktflüge von Frankfurt und Kairo in die Hauptstadt Asmara an.

Seit der Entdeckung der Lagerstätte im Jahr 2001 bereitet der Goldspezialist einen Tageabbau vor. Im ersten Quartal 2011 soll endlich die Produktion beginnen, die Regierung gab bereits grünes Licht. Das sogenannte „Bisha Projekt“ erstreckt sich auf einer Länge von 1200 Metern. Die oberste Bodenschicht ist bis zu einer Tiefe von 35 Metern mit Gold durchsetzt. Diese Schicht wollen die Kanadier in den ersten beiden Jahren abtragen. In einer zweiten Ebene in einer Tiefe von 35 bis 65 Metern sind massive Kupfersulfide mit kleinen Mengen an Gold und Silber nachgewiesen geworden. Diese Ebene soll in den darauffolgenden drei Jahren ausgebeutet werden. In einer Tiefe von 65 bis 450 Metern erstreckt sich schließlich ein signifikanter Kupfervorrat. Daneben gibt es hier Zink mitsamt Gold und Silber.

Kurzum: 430.000 Unzen Gold wollen die Kanadier in den ersten beiden Jahren fördern. In den Folgejahren stehen 80.000 Tonnen Kupfer jährlich auf der Agenda. Je nach der Entwicklung der Rohstoffpreise können ab dem Jahr 2011 bis zu 250 Millionen Dollar Umsatz per anno zusammen kommen. Der gegenwärtige Börsenwert deckt dagegen mit 560 Millionen Dollar nur gut zwei Jahreseinnahmen ab, was sehr moderat erscheint. Um eine Unze Gold zu heben, veranschlagt das Management Cash-Kosten in Höhe von ca. 330 Dollar. Das ist eine sehr attraktive Kostenstruktur. Beim gegenwärtigen Marktpreis von 1237 Dollar je Feinunze bleibt demzufolge eine glänzende Marge hängen.


„Wir sind alle grauhaarig, wir kennen das Geschäft gut“, scherzte Davis mit Blick auf die Erfahrung der Führungsspitze. Freilich ist nicht alles Gold, was glänzt. Eritrea gleicht im strengen Sinne einer Diktatur. Als die Vereinten Nationen Ende 2009 ein Waffenembargo gegen den Staat verhängten, verlor die Aktie ein Viertel ihres Wertes. Doch konnte sich der Titel schnell erholen. Aktuell taxiert das Papier, das an der New Yorker AMEX und der Toronter TSX gelistet ist, mit 2,91 Dollar. In Frankfurt wird die Aktie für 2,45 Euro gehandelt.

Euro am Sonntag-Redakteur Tim Schäfer, New York
Hält Davis seinen Zeitplan ein, hat der Kurs erhebliches Potential. Denn der kleine Explorer könnte sich im nächsten Jahr im günstigsten Fall zu einer Cash-Maschine entwickeln. Da es sich um die erste Mine in Eritrea handelt, ist sich die Führungsspitze sicher, dass die Regierung das Vorhaben weiterhin tatkräftig unterstützen wird. Präsident Isaias Afewerki hat auch ein eigenes Interesse an einem Gelingen des Projekts. Schließlich besitzt der Staat einen Minderheitenanteil an der Mine. Außerdem profitiert die Region durch die Schaffung neuer Arbeitsplätze. Ganz abgesehen davon könnte ein Erfolg weitere Minengesellschaften ins Land locken. 70 Prozent des Grundkapitals halten ein Dutzend Fondsgesellschaften. Darunter sind Franklin Templeton, Vanguard, JPMorgan und BlackRock.

Tim Schäfer ist Journalist und schreibt seit 1998 über Börse, Aktien und Unternehmen. Seit 2006 lebt der studierte Diplom-Betriebswirt und DVFA-Aktienanalyst in New York und berichtet von dort über die Geschehnisse an der Wall Street, unter anderem für Euro am Sonntag. Bekannt ist Schäfer für seine Berichterstattungen über kleine Nebenwerte.

[Boletus]

Antwort auf Beitrag Nr.: 39.676.453 von ooy am 14.06.10 10:16:16

In einem der letzten Updates haben die Jungs aus Kulmbach ein Statement zu ihrer Rohstoffempfehlung aus Febr. 2009 abgegeben. Im Nachhinein haben sie es als ihren Fehler bezeichnet, bei den "Warnungen bezüglich Eritrea" Anfang des Jahres aus dem Wert ausgestiegen zu sein. Wer noch investiert ist und nicht der Warnung gefolgt sei, soll weiter investiert bleiben ... so die Empfehlung.

Gut, dass NSU bei uns kaum bekannt ist - schade aber auch, dass die Umsätze an den Börsen so gering sind.

[Minenfee]

Antwort auf Beitrag Nr.: 39.676.453 von ooy am 14.06.10 10:16:16

ich habe Gewinne mitgenommen, ist jetzt durchaus fair bewertet, kaufen wuerde ich jetzt nicht mehr


War doch nicht die beste Entscheidung,schade für Dich !

Die Musik spielt nach wie vor in Can statt und nicht in D,hier wird sie noch immer negiert,obwohl die Prognosen sehr gut sind,das Ergebniss kannst du in Can sehen,dort wird mit weiter steigenden Kursen gerechnet.

Gruss Minenfee

[ooy]

Antwort auf Beitrag Nr.: 39.713.012 von Minenfee am 21.06.10 11:43:57

Ja, definitiv zu frueh verkauft, genau wie Premier Gold, aber niemand erwischt es halt perfekt, Hauptsache, die Gewinne stimmen...

[Boletus]

Der Chart spricht Bände. Die Großen, wie Black Rock (ehm.ML), JPM sind alle noch drinn.
Habe kein Stück hergegeben. Wage Prognose: in Qu III und IV weiteres Anziehen des Kurses bis 4,80 - 5,00CAD.



Also keine Stücke bis Dezember hergeben.

[Boletus]

Update vom 12.7.
(Auszug)
Bisha Project Remains on Schedule and On Budget

Nevsun Resources Ltd. (TSX:NSU / NYSE Amex:NSU) is pleased to provide a brief update on the Bisha project in Eritrea.

The project continues to be on schedule and on budget. Bisha is advancing well towards plant commissioning phase late this year. After a relatively short commissioning process (60 days) and after reaching commercial production during Q1 2011, the Company expects to produce in excess of 100,000 ounces of gold each quarter at a cost of less than $250 per ounce. With over 95% of procurement completed, project management are comfortable the actual capital cost will be within the budget of approximately $260 million. With these low operating costs, Bisha is anticipated to have much higher than average industry profitability and cash flow. Estimated Bisha Project cash flow under various metals price assumptions is included in the annual MD&A and posted on the Nevsun web site - www.nevsun.com/project/highlights.

The Company’s cash position at June 30 was approximately US$83 million. This cash, plus the normal contributions by the Eritrean National Mining Corporation is enough to satisfy all construction cash requirements. Q2 financial results will be released on or about August 12, 2010.

(einfach mal mit dem Prompt - Translator übersetzen lassen
Link: http://www.online-translator.com/Default.aspx/Text?prmtlang=…

[Taifun36]

Stellt sich jetzt sicherlich die Frage ob ich schon früh den Einsatz rausgenommen habe- ach egal, ich bin seit 1,08 dabei und es wird immer leckerer.

Weiter so Nevsun

[Boletus]

Antwort auf Beitrag Nr.: 39.822.440 von Taifun36 am 14.07.10 21:31:07

schön, wenn man mit den Gewinnen hantieren kann!

[Boletus]

2010 Press Releases

August 12, 2010
Bisha Mine Reaches 70% Completion & Q4 Commissioning On Track

Nevsun Resources Ltd. (TSX:NSU / NYSE Amex:NSU) is pleased to provide a brief update on the Bisha project and the second quarter results.

The Bisha Project is positioned to be Eritrea's first modern day mine, with production anticipated to yield 1.06M oz gold, 734M lb copper, 1B lb zinc and 9.4M oz silver. Gold will be produced at an operating cost of less than $250/oz, with copper operating costs ranging from $0.54-$0.67/lb, and zinc operating costs at $0.50/lb. Bisha benefits from the continued support of the Eritrean government.

Mine construction continues as scheduled and as at the date of this release the Bisha project is now over 70% complete. During the course of Q2 2010, the following was achieved:

* Completion of the majority of structural steel, plate work and mechanical elements of the project;
* Installation of the Ball and SAG mills;
* Installation of the liner in the tailings management facility commenced; and
* Pre-strip mining continued per plan.

Cost expenditures over the quarter were incurred as planned and the project remains on track to come within the targeted $260 million total cost. As at June 30, 2010, approximately $168 million had been spent and a further $32 million had been ordered or arranged.

The Company is working effectively towards the following targets for remainder of 2010:

Q3
* Completion of plant electrical and piping installation; and
* Installation of the electrical power plant.

Q4
* Commencement of ore extraction and stockpiling;
* Completion of the tailings management facility;
* Plant commissioning; and
* First gold pour.

Pictures of the construction progress are updated regularly and can be found on the Company web site – www.nevsun.com/properties/photo_gallery.

QUARTERLY RESULTS

The Company's end of quarter financial position includes a healthy $82.1 million cash position that, together with the financial contribution by the State of Eritrea, should carry the project through to positive cash flow in Q1 2011. The estimated Bisha Project cash flow under various metals price assumptions is included in the annual MD&A and posted on the Nevsun web site - www.nevsun.com/project/highlights.

The Company's second quarter loss of $2,434,312 increased by $1,850,361 from Q2 2009's IFRS adjusted loss of $583,951 and was due primarily to an increase in share-based payments expense resulting from issuing options earlier in the year than in the prior year and increasing the number of stock options issued. The majority of the options issued in the quarter vest only if the Bisha project is successfully producing gold within a specified time and capital cost.

As noted in our press release on February 23, 2010, the decision to finance the project by equity instead of debt has significantly enhanced the estimated cash flow through the elimination of finance costs and debt repayment.

Complete details of the Q2 2010 Financial Statements and Management's Discussion and Analysis can be found on the Nevsun website at www.nevsun.com as well as on Sedar at www.sedar.com and EDGAR at http://www.sec.gov/edgar/searchedgar/webusers.htm.

Forward Looking Statements:
Forward Looking Statements: The above contains forward-looking statements concerning cash position, construction progress, reserves, mine planning and project economics. Forward-looking statements are frequently, but not always, identified by words such as “expects,” “anticipates,” “believes,” “intends,” “estimates,” “potential,” “possible” and similar expressions, or statements that events, conditions or results “will,” “may,” “could” or “should” occur or be achieved. Forward-looking statements are statements about the future and are inherently uncertain, and actual achievements of the Company or other future events or conditions may differ materially from those reflected in the forward-looking statements due to a variety of risks, uncertainties and other factors, including, without limitation, those described in the Management Discussion and Analysis of the Company. The Company’s forward-looking statements are based on the beliefs, expectations and opinions of management on the date the statements are made and the Company assumes no obligation to update such forward-looking statements in the future. For the reasons set forth above, investors should not place undue reliance on forward-looking statements.

NEVSUN RESOURCES LTD.
Cliff T. Davis
President & Chief Executive Officer

For further information, please contact:
Kin Communications
Tel: [phone]
Toll free 1 866 684 6730
Email: [e-mail]
Website: www.nevsun.com
NEWS

[Boletus]

Das sieht doch wieder mal gut aus. Hier wird seit Tagen kontinuierlich gekauft.



Seit Amfang August von 3,70 nun auf 4,32CAD

[Boletus]

[Minenfee]

Außerbörsliche Handelsplätze zu NEVSUN RESOURCES
Handelsplatz
Symbol / Währung Kurs
Letztes Vol. +/-
% Zeit
Datum Bid
Ask Vortag
Erster Hoch
Tief Volumen
Umsatz
TradeGate
NR4 / EUR 5,20
1.000 +1,96
+60,54 08:03:37
17.08.10 3,24
3,30 3,24
5,20 5,20
5,20 1.000
-



Was ist hier passiert ???

Bei TradeGate wurden 1000 Stk. mit € 5,20 = 60,54 % + gehandelt.

Ist da jemand ein Fehler passiert oder spielt der Computer verrückt !

Grüsse Minenfee

[Boletus]

Antwort auf Beitrag Nr.: 39.998.008 von Minenfee am 17.08.10 15:49:21

In der Tat. Der arme Tropf meinte sicherlich 3,20€ als er sein Kauflimit eingab. Wenn das wirklich der Fall ist, herzliches Beileid. Anders kann ich mir das nicht erklären.

[Boletus]

[Boletus]

Antwort auf Beitrag Nr.: 40.025.082 von Boletus am 21.08.10 16:34:05

Eine große weiße Kerze zum Wochenschluss. Dieses Bild erinnert an Anfang Juni. Vielleicht sind hier bis Ende August sogar die 5 CAD drin.
Ein Zusammenlaufen des MACD's sehe ich z.Zt. nicht, so dass der Trend noch ein paar Tage bestehen bleiben könnte, ehe der Kurs wieder leicht zurückkommt.
Es würde mich freuen, wenn meine Vermutung eintritt.
Let the sun shine down on me.

[Alys]

Antwort auf Beitrag Nr.: 40.025.091 von Boletus am 21.08.10 16:48:16

Ui - die kaufen die 1,5 % Royalty für über 18 mio zurück...
http://www.finanznachrichten.de/nachrichten-2010-08/17768103…

[Boletus]

Antwort auf Beitrag Nr.: 40.033.031 von Alys am 24.08.10 00:54:56

... sehe das positiv

[Boletus]

Antwort auf Beitrag Nr.: 40.025.091 von Boletus am 21.08.10 16:48:16

31.08.10. ATH

Die 5,00 CAD sind da. Nur mal so...

[Minenfee]

Antwort auf Beitrag Nr.: 39.713.935 von ooy am 21.06.10 14:23:00

Hy ooy !

Die Aktie läuft weiter nach oben da sie in CAD stark gehandelt wird.

Vielleicht wäre ein Einstieg noch interessant ?

Gruss Minenfee

[ooy]

Antwort auf Beitrag Nr.: 40.096.396 von Minenfee am 03.09.10 15:38:14

Ist mir jetzt zu teuer, habe aber natuerlich zu frueh verkauft, aber immerhin mit gutem Gewinn, viel Glueck weiterhin...

[Boletus]

Antwort auf Beitrag Nr.: 40.096.396 von Minenfee am 03.09.10 15:38:14

kommt darauf an, was due für Erwartungen hast
M.E: bis Ende Quartal I in 2011 ist noch etwas Luft bis ca. 6 CAD das sind 15%

Hier geht schließlich ein Explorer in Produktion.

[Minenfee]

Antwort auf Beitrag Nr.: 40.097.194 von Boletus am 03.09.10 17:04:52

Hy Boletus !

Ich bin weiter sehr positiv für die Nevsun Aktie eingestellt.
Die Resourcen sind ja gewaltig

1.06 Million Oz GOLD | 9.4 Million Oz SILVER | 734 Million Lb COPPER | 1,075 Million Lb ZINC

Das es noch zu Problemen bis zur Produktion kommen kann ist durchaus möglich,aber so lange in CAD die Nachfrage so groß ist und die Aktie steigt bleibe ich investiert.
Meiner Meinung nach wird in CAD viel sachlicher mit Minenwerten umgegangen als bei uns.

Ich rechne auch mit weiter steigenden Goldpreisen,die die Aktie weiter treiben wird.
Sollte sich dieses Umfeld ändern,werde ich mein Investment neu überdenken.

Schönes Wochenende
Minenfee

[Boletus]

Antwort auf Beitrag Nr.: 40.100.867 von Minenfee am 04.09.10 16:14:04

Dass der Goldpreis weiter steigen wird, ist unstrittig. New York, London und die EZB können es nicht mehr vehindern, sondern maximal den Anstieg bremsen.

Profitieren werden zuerst die Produzenten, dann die Explorer die kurz vor Produktionsbeginn stehen und dann die Juniors.

Wenn man ein paar Grundregeln berücksichtigt, sollte das Risiko hier überschaubar bleiben.
Lasse derzeit meine Gewinne hier laufen.
Boletus

[Boletus]

Antwort auf Beitrag Nr.: 40.101.427 von Boletus am 04.09.10 20:16:27

kurze Ergänzung Goldpreis:
Bis 1.300$ würde ich die Gewinne laufen lassen und sie dann erst mal rausnehmen.
Geduld also.
Boletus

[Minenfee]

Sie steigt und steigt und steigt......

Es macht richtig Freude hier investiert zu sein aber niemand findet es der Mühe wert einige Zeilen zu posten.

Sind wirklich nur die Kanadier investiert ?

Schönen Abend
Minenfee

[Boletus]

Antwort auf Beitrag Nr.: 40.113.542 von Minenfee am 07.09.10 20:03:06

offensichtlich

In Frankfurt und Stuttgart schieben sich meisten 2 die 5.000er Blöcke hin und her.

Ne, das Zuschauen macht derzeit Spaß. Es gibt auch nix zu sagen. Das Ding läuft.

[Boletus]

Aktueller Chart von gestern



Wieder mit einer schönen weißen Kerze beendet. Der Handel der Amis und Kanadier ist mit großen Volumen ausgezeichnet. Die Rallye bei Gold hat erst angefangen. NSU sollte davon profitieren. In wenigern Monaten ist der Produktionsbeginn geplant.

[Boletus]

Tagesschluß 09.Sept. 2010



Wurde auch Zeit, dass eine kleine Korrektur kommt. (Das ist gut) Die Kerzen waren ja schon wie Perlen am oberen Bollinger Band aufgereiht. So ist die Überhitzung etwas herausgenommen und NSU kann Luft holen.

Der Rote Graph des MACD scheint den Blauen Graph schneiden zu wollen.
Stochastic-Kurven signalisieren auch eine Trendumkehr. Mal schauen, ob nur kurz oder etwas länger Luft geholt wird.

[Boletus]

Tagesschluss 10.Sept 10



Die Kurven vom MACD haben sich (noch) nicht geschnitten. Beim Stochastic steigt die blaue Kurve und schneidet die rote.
= NSU nimmt bach der Abkühlung wieder Fahrt auf?

[Boletus]

Antwort auf Beitrag Nr.: 40.137.438 von Boletus am 12.09.10 09:49:50

Für's erste ein Fehlsignal.

Mal schauen was der heutige Tag bringt.

[Boletus]

Konsolidierung kurz vor dem Abschluss?



NSU hat wieder das Niveau von Ende August erreicht. Der Chart zeigt, dass der überkaufte Bereich verlassen wurde. Die Konsolidierung sollte eigentlich auf diesem Niveau langsam zum Ende gehen. Schade, dass man NSU in D nicht wirklich traden kann. Dazu ist das Volumen zu gering.

Bin ich hier allein?

[Boletus]

Hammerkauf zum Tages- und Wochenschluss!

Intraday 17.09.2010


Systematisch wurde der Kurs in den letzten Tagen gedrückt, damit ein GROSSER mit 58,3Mio Stück zum Tagesschluss einsammeln konnte. Der Tagesumsatz lag bei 224,5 Mio.


Der STO schneidet nun wieder die Trendlinie.
Ich bleibe weiter bullish.

[Minenfee]

Nevsun Resources Ltd. plant höhere Kupferproduktion in Eritrea
Nevsun Resources Ltd. Das kanadische Unternehmen Nevsun Resources Limited plant eine höhere Kupferproduktion seines Bisha Projekts in Eritrea als in der Machbarkeitsstudie angegeben. Ende dieses Jahres plant Nevsun die Inbetriebnahme der ersten Phase von Bisha, die erste wirtschaftliche Produktion soll im ersten Quartal 2011 geschehen. Zeitlich und finanziell befände sich das Unternehmen völlig Rahmen.

Anfangs will Nevsun in Bisha Gold und Silber fördern, in drei Jahren dann Kupfer und in sechs Jahren Zink. In der Kupferphase soll die Durchsatzleistung 20% bis 40% höher sein als in der Machbarkeitsstudie mit 2 Mio. Tonnen pro Jahr angegeben, sagte das Unternehmen. Auch die bestehenden Reserven von 20 Mio. Tonnen sollen in Wahrheit größer sein. Nevsun ist zuversichtlich, die Gesamtreserven in Bisha innerhalb des nächsten Jahres neu einschätzen zu können.


© Redaktion Minenportal.de

Redaktion, 24.09.10 - 15:37 Uhr

Schönes Wochenende
Minenfee

[Boletus]

Antwort auf Beitrag Nr.: 40.206.287 von Minenfee am 24.09.10 16:04:34

Positive Nachricht. Der Kurs reagierte zwar noch nicht, aber die Konsolidierung müßte eigentlich langsam abgeschlossen sein.


(Irgendwie spinnt mein Java Script- bekomme keine Graphik hochgeladen)

[Boletus]

Antwort auf Beitrag Nr.: 40.213.924 von Boletus am 27.09.10 08:22:00

Komisch. Geht doch! In meiner Vorschau war 'ne Meckermeldung.

Also, der Verkaufsdruck lt. Chart müßte langsam raus sein. Gucken wir mal am Freitag wie die Woche war.

[Boletus]

Schönes Ding



Die 10 CAD sehen wir schneller als wir glauben.

[beacker38]

hier gehts ja nur noch in eine Richtung

[Minenfee]

Antwort auf Beitrag Nr.: 40.458.498 von Boletus am 04.11.10 21:41:29

Schönes Ding

So wollten wir es doch haben !!!!


Gruss Minenfee

[Boletus]

TORONTO (miningweekly.com) - Vancouver-based Nevsun Mining expects to complete the first gold pour at its new Bisha mine in Eritrea before the end of the year, the company confirmed on Wednesday.

Substantially all the civil, plate work, structural, mechanical and piping is in place, all major earthworks and the liner installation for the tailings management facility is complete and various mechanical equipment is being commissioned, the firm said.

The company said last month that the power plant had been commissioned and was delivering power for the commissioning process.

Commissioning is running smoothly, and the project remains on track to come in inside the targeted $260-million capital cost, the firm reported.

By the end of the fourth quarter, the company intends to start operating the tailings management facility, complete full plant commissioning, including the introduction of ore, and pour the first gold.

Bisha is expected to produce 450 000 oz of gold in its first year of commercial production, at a cost of less than $250/oz.

Quelle: http://www.miningweekly.com/article/nevsun-sees-first-bisha-…

nur 250USD / Unze - Klasse!

[Minenfee]

Antwort auf Beitrag Nr.: 40.503.466 von Boletus am 11.11.10 16:33:59

Hy Boletus !

Jetzt kann es ja nur mehr Richtung Norden gehen !!!!

Unser Longie denken wurde ja bereits belohnt obwohl in D die Aktie ziemlich unbemerkt blieb.

Gruss Minenfee

[Boletus]

Antwort auf Beitrag Nr.: 40.536.396 von Minenfee am 17.11.10 10:56:48

Hi Fee,
wenn du den Chart unten ansiehst, könnte man denken, uiii... Ob das so weiter geht?



Vermutlich ja, denn der Stochastic hat gerade erst wieder ins Plus gedreht. Die letzte Spitze eines Tageshochs lag bei 6,30 CAD. Ich oracle mal, dass die nächste Welle auf 6,60CAD geht. Und... es ist nur noch ein paar Wochen bis "PRODUZENT".
Die FED tut ein Übriges um den AU - Preis steigen zu lassen.

[Boletus]

Auf dem Weg zu den 6,60 CAD.



Viel fehlt also nicht mehr

[Boletus]

So Leute. Bin heute bei 5,-€ raus. Werde die Kohle nun in andere Werte investieren, die noch mal die Chance auf 100% bieten. Habe mit Nevsun > 200% gemacht.
Tschüß, Boletus

[Fargas]

Antwort auf Beitrag Nr.: 40.657.082 von Boletus am 06.12.10 20:18:02

Schade, dann viel Erfolg weiter und danke für die bis hier
gemachten aufbauenden Chartkommentare.
Tschau Fargas

[Fargas]

Schade, dann viel Erfolg weiter und danke für die
bis hier gemachten aufbauenden Chartkommentare.
Tschau Fargas

[Minenfee]

Nevsun steigt und steigt und steigt und in D wird dies kaum zur Kenntnis genommen.

Nicht einmal gewisse BB befassen sich mit Nevsun !

Ich freue mich jedenfalls über schöne Gewinne.

Gruss Minenfee

[Minenfee]

Es ist soweit !!!!!

Nevsun Resources gießt erste Goldbarren
RTE Stuttgart - (www.rohstoffe-go.de) - Die kanadische Nevsun Resources (WKN 901340), die dabei ist, die erste moderne Goldmine in in Eritrea zu errichten, meldet den ersten Goldbarrenguss auf dem Bisha-Projekt.

Dieser erste Goldbarrenguss erfolgte, während der Kommissionierung der Verarbeitungsanlage und ergab zwei Barren mit einem Gewicht von insgesamt 26 Kilogramm teilte das Unternehmen mit. Die in Vancouver ansässige Nevsun wird noch die nächsten Monate damit verbringen, die Anlage zu kommissionieren und das Unternehmen rechnet damit, die volle kommerzielle Produktion noch während des ersten Quartals aufzunehmen.

Man plane, das Bisha-Projekt in den kommenden Monaten in Bezug auf die Reserven und den Durchsatz erheblich zu erweitern, erklärte CEO Cliff Davis weiter. Nevsun rechnet auf Bisha mit einem Ausstoß von 450.000 Unzen Gold im ersten Jahr der kommerziellen Produktion bei operativen Kosten von unter 250 USD pro Unze, wie eine Machbarkeitsstudie zu dem Projekt ergeben hatte.

Hinweis: Die hier angebotenen Artikel stellen keine Kauf- bzw. Verkaufsempfehlungen dar, weder explizit noch implizit sind sie als Zusicherung etwaiger Kursentwicklungen zu verstehen und ROHSTOFFE-GO und seine Autoren schließen jede Haftung diesbezüglich aus. Die Artikel und Berichte dienen ausschließlich der Information der Leser und stellen keine wie immer geartete Handlungsaufforderung dar. Zwischen ROHSTOFFE-GO und den Lesern dieser Artikel entsteht keinerlei Vertrags- und/oder Beratungsverhältnis.

Gruss Minenfee

[diamant01]

http://www.nevsun.com/news/2011/january27/

Bisha Commissioning and Resource Expansion on Track

[Gartmore75]

Hallo leute,

schaut euch mal den Kursverlauf in Canada an. Ist das eine SKS Formation? Wenn ja, dann heißt es wohl erst einmal short.

MFG

Gartmore75

[diamant01]

http://www.nevsun.com/news/2011/february22/

Bisha Declares Commercial Production•Commercial production achieved on schedule and under budget


•Producing over 1,000 ounces per day


•Produced 40,000 ounces of gold to date


•Recoveries higher than expected


geil

[diamant01]

Da muss ich gleich nochmals nachlegen....

[diamant01]

Super news!

Commerzielle Produktion erreicht mit 1000 Oz am Tag .... wow!!

[Minenfee]

Antwort auf Beitrag Nr.: 41.085.986 von diamant01 am 22.02.11 17:54:16

Warum die Aktie in Übersee verliert kann ich nicht nachvollziehen


Gruss Minenfee

[diamant01]

Hier wird wieder mal getrickst!


Meine Kauforder zu 4,209 wurde nicht berücksichtigt aber jene zu 4,208 und 4,165 sehr wohl....

wie das???

Die wollen mit alle Macht den Wert runterknüppeln.

habe jetzt meine Kauforder geändert.

[klaus3132]

NEWS....aber scheint nicht wirklich das der markt das gut findet :-/

Nevsun Drills 51M of 3.34 g/t Au at Harena Satellite Deposit
Date : 03/02/2011 @ 11:50AM
Source : MarketWire
Stock : Nevsun Resources Ltd. (NSU)
Quote : 5.63 -0.05 (-0.88%) @ 1:16PM

Nevsun Drills 51M of 3.34 g/t Au at Harena Satellite Deposit
Nevsun Resources (TSE:NSU)
Intraday Stock Chart

Today : Wednesday 2 March 2011
Click Here for more Nevsun Resources Charts.

Nevsun Resources Ltd. (TSX: NSU)(NYSE Amex: NSU) is pleased to report the gold assays from the thirty-four infill diamond drill holes at the Harena deposit within its Bisha exploration license in Eritrea. Nevsun plans to use the infill drilling results to complete a resource estimate, mine plan and mining license application to process the material at its Bisha processing plant. Harena lies 9.5 km southwest of the Bisha Main deposit on an exploration license contiguous to the Bisha Mining license.

Highlights

-- High grade, near surface oxide gold cap
-- Copper and zinc primary sulphide underneath
-- Potential additional feed for Bisha both in CIL and flotation phases


Select High Grade Results Include:

-- Hole #H-078 - 18m at 11.78g/t Au, from 51.0 metres to 69.0 metres
-- Hole #H-062 - 31.9m at 4.09g/t Au, from 5.6 metres to 37.5 metres
-- Hole #H-063 - 51m at 3.34g/t Au, from 19.5 metres to 70.5 metres
-- Hole #H-059 - 60m at 2.73g/t Au, from 13.5 metres to 70.3 metres
-- Hole #H-081 - 18m at 3.89g/t Au, from 45.0 metres to 63.0 metres
-- Hole #H-075 - 24m at 3.19g/t Au, from 46.5 metres to 70.5 metres


The drilling took place in the fall of 2010. Drill hole locations were selected to infill drill the gossanous oxide cap on 25m x 25m and 12.5m x 25m fences which is the same spacing used to define measured and indicated resource categories at the Bisha Main deposit. The results were positive, and have provided increased confidence to the widths and grades of the gold bearing oxide cap at Harena. A resource estimate on the deposit has been initiated with results expected in late April. If the results are positive a reserve estimate and mine study will be done to support a mining license application.

Detailed results of gold in the oxide are in the attached schedule together with a map of hole locations. The results of assays on the sulphides are still in progress and will be disclosed at a later date.

Nevsun views the Harena deposit as a potential source of supplemental feed for the processing plant at Bisha. Supplemental feed can provide valuable cash flow as an extension to mine life without having to absorb any start-up capital costs.

Darin Wasylik, Senior Geologist for Nevsun, a qualified person under National Instrument 43-101, supervised and directed all work associated with the drilling program.

Sample preparation and analysis were conducted at ALS Chemex of Romania and Vancouver, Canada.

Forward Looking Statements: The above contains statements regarding positive drill results, indications that the Bisha concession may host multiple deposits, the Harena deposit as a potential source of supplemental feed and valuable cash flow, the close relationship between the interpreted graphitic horizon and the Harena massive sulphide, and additional prospects at the Harena area. Although we believe the expectations reflected in our forward looking statements are reasonable, results may vary, and we cannot guarantee future results, levels of activity, performance or achievements. Forward-looking statements are statements about the future and are inherently uncertain, and actual achievements of the Company or other future events or conditions may differ materially from those reflected in the forward-looking statements due to a variety of risks, uncertainties and other factors, including, without limitation, those described in the Management Discussion and Analysis of the Company. The Company's forward-looking statements are based on the beliefs, expectations and opinions of management on the date the statements are made and the Company assumes no obligation to update such forward-looking statements in the future. For the reasons set forth above, investors should not place undue reliance on forward-looking statements.

NEVSUN RESOURCES LTD.

Cliff T. Davis, President & Chief Executive Officer

SCHEDULE TO NEWS RELEASE OF NEVSUN RESOURCES, dated March 2, 2011

The following are the details of the drill results of the oxide zone at Harena:

---------------------------------------------------------------------------
From To Length Au From To Length Au
Hole # (m) (m) (m) (g/t) Hole # (m) (m) (m) (g/t)
---------------------------------------------------------------------------
H-048 25.5 28.5 3.0 1.09 H-066 30.0 61.5 31.5 0.94
-------------------------------------
H-049 46.5 55.5 9.0 3.18 incl. 43.5 48.0 4.5 2.59
incl. 49.5 52.5 3.0 8.55 and 57.0 60.0 3.0 2.57
---------------------------------------------------------------------------
H-050 16.5 28.5 12.0 1.15 H-067 19.5 28.5 9.0 1.68
incl. 16.5 21.0 4.5 1.45 19.5 22.5 3.0 2.61
------------------------------------
and 25.5 28.5 3.0 1.89 H-068 7.5 40.5 33.0 1.53
-------------------------------------
H-051 67.5 77.0 9.5 0.90 incl. 9.3 12.4 3.1 1.35
incl. 69.0 72.0 3.0 1.31 and 24.0 25.5 1.5 1.02
-------------------------------------
H-052 3.0 12.0 9.0 2.42 and 31.5 39.0 7.5 5.09
------------------------------------
incl. 6.0 11.0 5.0 4.23 H-069 18.0 21.0 3.0 1.02
-------------------------------------
H-053 25.5 46.5 21.0 1.37 incl. 19.5 21.0 1.5 1.60
------------------------------------
incl. 25.5 33.0 7.5 3.40 H-070 6.0 24.0 18.0 1.14
and 45.0 46.5 1.5 1.75 13.5 16.5 3.0 4.34
---------------------------------------------------------------------------
H-055 37.5 67.5 30.0 1.23 H-071 16.5 60.0 43.5 1.68
incl. 55.5 67.5 12.0 2.56 incl. 28.5 28.5 10.5 4.54
-------------------------------------
H-056 33.0 61.5 28.5 1.44 and 36.0 52.5 16.5 1.27
------------------------------------
incl. 33.0 34.5 1.5 2.78 H-072 18.0 24.0 6.0 1.06
and 40.5 46.5 6.0 3.53 incl. 21.0 22.5 1.5 2.21
and 55.5 58.5 3.0 2.94 and 36.0 40.5 4.5 1.33
-------------------------------------
H-058 6.0 34.5 28.5 0.80 and 45.0 57.0 7.5 1.31
incl. 6.0 18.0 12.0 1.25 incl. 45.0 48.0 3.0 2.78
------------------------------------
and 31.5 34.5 3.0 1.47 H-073 21.0 25.5 4.5 1.21
---------------------------------------------------------------------------
H-059 13.5 73.5 60.0 2.73 H-074 30.0 45.0 15.0 1.01
incl. 13.5 19.5 6.0 12.84 incl. 36.0 40.5 4.5 2.81
------------------------------------
and 60.0 64.5 4.5 14.26 H-075 36.0 39.0 3.0 1.80
-------------------------------------
H-060 34.5 51.0 16.5 0.75 and 46.5 70.5 24.0 3.19
incl. 34.5 37.5 3.0 2.65 incl. 46.5 57.0 10.5 3.51
-------------------------------------
H-061 55.5 58.5 3.0 1.31 and 60.0 70.5 10.5 3.77
------------------------------------- ------------------------------------
H-062 5.6 37.5 31.9 4.09 H-078 51.0 69.0 18.0 11.78
incl. 18.0 24.0 6.0 3.22 incl. 51.0 54.0 3.0 1.61
and 30.0 36.0 6.0 16.17 and 58.5 69.0 10.5 19.64
-------------------------------------
H-063 19.5 70.5 51.0 3.34 and 73.5 81.0 7.5 1.03
incl. 27.0 30.0 3.0 4.02 incl. 76.5 79.5 3.0 1.84
------------------------------------
and 48.0 70.5 22.5 6.57 H-079 16.5 27.0 10.5 0.93
---------------------------------------------------------------------------
H-064 52.5 63.2 10.7 1.19 incl. 25.5 27.0 1.5 5.54
------------------------------------
incl. 58.5 63.2 4.7 2.20 H-080 10.5 15.0 4.5 0.60
---------------------------------------------------------------------------
H-065 43.5 69.0 25.5 1.44 incl. 13.5 15.0 1.5 0.97
------------------------------------
incl. 43.5 46.5 3.0 1.77 H-081 45.0 63.0 18.0 3.89
------------------------------------
and 61.5 69.0 7.5 3.01 incl. 46.5 54.0 7.5 9.19
---------------------------------------------------------------------------


Note: True thickness is estimated at approximately 90% of the drill intervals reported in the table. All holes were done at 45 degrees from horizontal.

Hole H-057 showed no significant mineralization.

Historic holes 1 through 27 were carried out and published in 2005 and holes 28 through 44 were carried out in the fall of 2009 and the results were published in February 2010.

Oxide gold results from those programs are restated below:

-------------------------------------
From To Length Au
Hole # (m) (m) (m) (g/t)
-------------------------------------
H-029 61.5 68.5 7.0 2.71
Incl. 67.5 68.5 1.0 16.60
-------------------------------------
H-031 20.5 44.9 24.4 1.63
Incl. 30.0 35.7 5.7 3.31
Incl. 38.0 43.9 5.9 2.26
-------------------------------------
H-035 36.0 38.0 2.0 1.24
and 42.0 73.0 31.0 2.41
Incl. 49.5 57.0 7.5 3.71
Incl. 58.5 64.0 5.5 4.93
Incl. 67.0 71.5 4.5 3.47
-------------------------------------
H-001 30.8 39.0 8.2 0.80
and 45.0 57.0 12.0 3.16
Incl. 51.0 57.0 6.0 5.97
-------------------------------------
H-005 51.0 55.3 4.3 1.33
-------------------------------------
H-009 42.0 51.0 9.0 0.68
-------------------------------------


MAP: LOCATIONS OF DRILL HOLES

To view map please click on the following link: http://media3.marketwire.com/docs/0302NSU.pdf

Contacts:

Kin Communications

604 684 6730 or Toll free: 1 866 684 6730

[e-mail]

www.nevsun.com

[grasgruener]

Nevsun increases Bisha P+P reserves to 28.3 Mt
2011-03-28 09:24 ET - News Release


Mr. Cliff Davis reports

NEVSUN INCREASES MINEABLE RESERVES AT BISHA BY 40% USING UPDATED METAL PRICES

Nevsun Resources Ltd. is providing the revised reserve estimate for its Bisha mine in Eritrea. The revised estimate has increased the total proven and probable reserves to 28.3 million tonnes from the previously reported 20.1 million tonnes (2006 feasibility study). The net impact of higher throughputs and lower cut-off grade has resulted in an extended mine life of 13 years, while increasing previously reported robust cash flow.

Highlights:


There has been a 40-per-cent increase in reserves, using $1,015 per ounce gold, $15.85 per ounce silver, $2.40 per pound copper and 92 cents per pound zinc.
There has been a 20-per-cent increase in ore throughput starting in 2013.
The Bisha 13-year undiscounted cash flow now totals $2,162-million (1).
The upgrade does not include pit expansion at depth, hangingwall copper zone or the Harena satellite deposit.

(1) Bisha project undiscounted cash flow was estimated using what Nevsun has classified as a medium metals price scenario, at $1,200 per ounce gold, $24 per ounce silver, $3.30 per pound copper and $1 per pound zinc, all on an after-tax, after-expansion capital-expenditure basis.

Mineral resources, effective date Jan. 1, 2011

Mineral resources for the project, which are based on the same resource model as the model used in the 2006 feasibility study, were re-estimated within an optimized pit shell using a base-case gold price of $1,170 per ounce, silver price of $18.20 per ounce, copper price of $2.76 per pound and zinc price of $1.05 per pound, and variable net smelter return cut-offs, based on oxidation state, and include:


Measured: 2,124 kilotonnes grading 2.72 grams per tonne Au, 40.01 g/t Ag, 2.26 per cent Cu and 2.07 per cent Zn;
Indicated: 27,726 kilotonnes grading 1.62 grams per tonne Au, 38.79 g/t Ag, 1.53 per cent Cu and 3.22 per cent Zn;
Inferred: 10,570 kilotonnes grading 0.67 g/t Au, 47.78 g/t Ag, 0.91 per cent Cu and 5.67 per cent Zn.



MINERAL RESERVES
(effective date Jan. 1, 2011)

Ore Au Ag Cu Zn
(kt) (g/t) (g/t) (%) (%)
Ore type
Oxide
Proven 933 5.75 21.90
Probable 3,719 7.39 31.48
Combined
(cut-off approximately 1.0 g/t(1)) 4,651 7.06 29.56
Supergene
Proven 844 0.80 43.47 4.92
Probable 6,537 0.77 31.29 3.77
Combined
(cut-off approximately 0.50% Cu(1)) 7,382 0.78 32.68 3.90
Primary
Proven 521 0.78 52.51 0.91 8.09
Probable 15,759 0.72 44.12 0.97 5.31
Combined
(cut-off approximately 0.75% Zn(1)) 16,279 0.72 44.40 0.97 5.40
Total proven 2,298 2.80 36.77 2.07 1.98
Total probable 26,015 1.69 39.09 1.55 3.26
Total combined 28,313 1.78 38.90 1.60 3.15

(1) Cut-off is based on net smelter royalty; oxide equals $29.03 per tonne,
supergene equals $26.57 per tonne, primary equals $26.68 per tonne; cut-off
grade values shown above are approximate and may be affected by other metal
values in the deposit.



The reserves do not include the recent results of the nearby Harena deposit (refer to news release in Stockwatch on March 2, 2011). Nevsun expects continued growth of the Bisha resources as a result of continuing drill programs designed to define the low-grade hangingwall copper zone, as well as infill drilling below the current pit limits in order to raise the confidence of the inferred resources and bring them into the indicated category, all anticipated for use in a second reserve restatement due in fourth-quarter 2011.

Starting with the copper production phase in 2013, the company plans to increase throughput by 20 per cent. The engineering for the copper phase expansion is nearing completion of a detailed design for constructing the copper flotation circuits taking into account this planned increase. Construction of the copper phase is planned to start later this year.

Mine life is extended as a result of increased reserves and the waste-to-ore strip ratio increases slightly to 4.2:1. Together with the impact of increased throughput, the estimated life of mine is now 13 years, excluding any potential extensions that may result from current drill programs designed to further expand resources.

Reserves methodology

The mineral reserves were estimated within an ultimate pit design using a gold price of $1,015 per ounce, silver at $15.85 per ounce, copper at $2.40 per pound and zinc at 92 cents per pound. Metallurgical recoveries by ore type are 87 per cent Au and 36 per cent Ag for oxide mineralization reporting to dore, 56 per cent Au, 54 per cent Ag and 88 per cent Cu for supergene mineralization reporting to Cu concentrate, 36 per cent Au, 29 per cent Ag and 85 per cent Cu for primary copper mineralization reporting to copper concentrate, and 9 per cent Au, 20 per cent Ag and 83.5 per cent Zn for primary zinc mineralization reporting to zinc concentrate. AMEC Americas Ltd. completed the revised reserve estimate. An NI 43-101 report is being filed today on SEDAR.



PRODUCTION PROFILE
(2011 to 2023)

Oxide Supergene Primary
Oxide
processing
Gold (ounces) 919,000 90,000 127,000
Silver (ounces) 1,580,000 3,370,000 6,914,000
Sulphide
processing
Copper (pounds) 538,000,000 283,000,000
Zinc (pounds) 1,373,000,000



Net financial impact

The net impact on the Bisha project cash flow, on a go-forward basis, is demonstrated using different metals prices. These are all on an after-tax, after-expansion capital-expenditure basis.


Sensitivity scenarios Net future cash (3) Metals prices used

Low metals price case $1,034,000,000 $850 per ounce Au; $12.50 per ounce Ag;
$2 per pound Cu; 75 cents per pound Zn
AMEC base case $1,484,000,000 $1,015 per ounce Au; $15.85 per ounce
Ag; $2.40 per pound Cu;
92 cents per pound Zn
Medium metals price case $2,162,000,000 $1,200 per ounce Au; $24 per ounce Ag;
$3.30 per pound Cu; $1 per pound Zn
High metals price case $3,325,000,000 $1,500 per ounce Au; $35 per ounce Ag;
$4.75 per pound Cu; $1.25 per pound Zn

(3) Net future cash flow is undiscounted after tax from 2011 onward, and after all
expansion and sustaining capital expenditure for 100 per cent of the Bisha project.
Nevsun owns 60 per cent of the Bisha project and also has a receivable from the
Eritrean state mining company related to its 30-per-cent purchased interest. The
determination of the purchase price by a mutually appointed third party is
in progress and is expected within the next month. The price is based on
the feasibility study reserves and does not include any of the reserve
increase noted. The purchase price will be paid out of future cash
flows from the Bisha project.


Qualified persons statement

The information in this report that relates to mineral resources was prepared David Thomas, PGeo (APEGBC No. 149114 No. 225250), of AMEC Americas. The information in this report that relates to mineral reserves was prepared by Jay Melnyk, PEng (APEGBC No. 25975), of AMEC Americas.

Darin Wasylik, PGeo, is Nevsun's designated qualified person for the purposes of the study and has reviewed and approved the contents of this news release.

Sample preparation and analysis were done by ALS Chemex in Vancouver, Canada.

We seek Safe Harbor.

[grasgruener]

Nevsun Resources Ltd
Symbol C : NSU
Shares Issued 196,608,322
Close 2011-03-31 C$ 5.50
Recent Sedar Documents
Nevsun loses $17.1-million (U.S.) in 2010

2011-03-31 18:21 ET - News Release


Mr. Cliff Davis reports

NEVSUN 2010 ANNUAL RESULTS AND 2011 OUTLOOK

Nevsun Resources Ltd. has released its annual results for 2010. During the year, Nevsun completed the construction of the Bisha project in Eritrea and poured first gold in December, 2010. After a ramp-up during January and February, commercial production was declared in late February, 2011. The Bisha project was delivered on time and under budget.

Cliff Davis stated: "We have had a tremendous year of achievement beyond expectations. The successful build and operation of Bisha, producing over 1,000 ounces per day, has been rewarded with significant gains in our share price. We plan to continue this success in 2011."

For the year ended Dec. 31, 2010, the company reported a loss of $17.1-million, including write-offs and other non-cash charges of $11.6-million, for a net use of cash in operating activities of $5.5-million. The results compare with a loss of $4.5-million for 2009. As of Dec. 31, 2010, approximately $230-million had been spent on the Bisha project construction. Total preproduction capital is approximately $247-million and will be offset by precommercial production gold sales of approximately $57-million (all amounts are expressed in U.S. dollars).

Complete details of the 2010 financial statements and the management's discussion and analysis can be found on the Nevsun website, as well as on SEDAR and EDGAR.

Outlook for 2011

With a strong cash position and a great start to the year, the company looks forward to a very positive 2011. It plans to:


Produce over 1,000 ounces gold per day;


Accumulate significant cash from operations;


Significantly add to existing Bisha reserves beyond the 40-per-cent increase recently announced;

Apply for a mining licence on the Harena deposit;


Actively evaluate possible acquisitions and, if able to identify an asset of sufficient quality at a reasonable price, expand its property portfolio;


Explore a potential dividend policy to provide a cash return to shareholders.

[grasgruener]

Nevsun's Bisha Q1 2011 production at 75,000 oz Au dore

2011-04-06 09:39 ET - News Release

http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aNSU-18280…

Mr. Cliff Davis reports

NEVSUN Q1 2011 OPERATING HIGHLIGHTS

Nevsun Resources Ltd.'s Bisha mine in Eritrea processed 461,000 tonnes of ore yielding 75,000 ounces of gold in dore in the first quarter of 2011 during the same period it was ramping up to commercial production. Nevsun has accumulated significant cash during the first quarter, with a cash balance of $100-million as of March 31, 2011.
The Bisha mine continues to perform very well and is now producing over 1,000 ounces of gold per day. The associated table demonstrates the successful ramp-up to commercial production in January and February, and the first month of full operations in March.



January, 2011 February, 2011 March, 2011 Total first-quarter 2011
Preproduction(1) Production

Tonnes milled 126,000 160,000 175,000 461,000
Recovery, per cent of gold 86% 88% 89% 88%
Gold in dore, ounces 16,000 25,000 34,000 75,000
Gold price realized, per ounce n/a(2) $1,390 $1,430 $1,405

(1) For accounting purposes, sales from ounces produced prior to March 1,
2011, are considered preproduction and capitalized.
(2) No gold sales in January.

Nevsun's cash accumulation since Dec. 31, 2010, reflects ounces shipped and paid by the refiner to March 31, 2011. The last shipment in the quarter was March 28, 2011.

Full first-quarter results including costs and profitability are expected on or before May 11, 2011.

We seek Safe Harbor.

[grasgruener]

über 1000 Unzen täglich zu Cahscosts max.250-300$/Unze.........was will man mehr?
hochpriftabel.........damit verdient Nevsun täglich aktuell geschätzt 1 -1,2 Mio US$ !!! ich wiederhole : täglich

[diamant01]

http://www.vantagewire.com/blasts/20110411nsu/

[grasgruener]

heute GAP-Schluß - auch gut, denn der Rückgang beim Goldpreis ist nur marginal......

[grasgruener]

[diamant01]

http://www.boersennews.de/markt/aktien/nevsun-res-ltd-ca6415…

28.04.
Nevsun sees Bisha reserves doubling, gold production sweetenerWith heavy infill drilling underway or already completed, Nevsun Resources (TSX: NSU) expects its reserves at the Bisha mine to grow substantially in 2011 and a satellite deposit to kick in extra gol…

[diamant01]

http://www.zacks.com/research/get_news.php?id=119l3374


RELATIVELY LOW PEG RATIO DETECTED IN SHARES OF GOLDEN STAR RESOURCES IN THE GOLD INDUSTRY (GSS, MFN, OCANF, GRS, NSU)Print Share Apr 29, 2011 (SmarTrend(R) News Watch via COMTEX) -- Below are the five companies in the Gold industry with the lowest Price to Earnings to Growth (PEG) ratios. PEG is valuable in assessing the tradeoff between the price of a stock and expected growth. Generally, the lower the PEG, the better.

Golden Star Resources (AMEX:GSS) has the lowest with a PEG Ratio of 0.02x; Minefinders (AMEX:MFN) is next with a PEG Ratio of 0.07x; and OceanaGold (NASDAQ:OCANF) has the next lowest with a PEG Ratio of 0.08x.

Gammon Gold (AMEX:GRS) follows with a PEG Ratio of 0.23x and Nevsun Resources (AMEX:NSU) rounds out the group with a PEG Ratio of 0.35x.

[klaus3132]

mal sehen ob das den kurs ein wenig unter die arme greift ;-)

http://www.nevsun.com/news/2011/may03/

May 03, 2011
Bisha Mine and Corporate Update

HIGHLIGHTS

Bisha purchase price to be finalized on or before June 30, 2011
Gold production – 105,000 ounces year to date
Safety milestone – 7 million man-hours, with only 6 lost time injuries

Nevsun Resources Ltd. (TSX:NSU / NYSE Amex: NSU) is pleased to announce that the Bisha mine in Eritrea continues to have strong operating performance since declaring commercial production in February this year. The Company also advises that Nevsun and the Eritrean National Mining Corporation (ENAMCO) have agreed to finalize the Bisha purchase price by June 30, 2011 (see details below).

Corporate Update

The Bisha Mine is subject to a Shareholders’ Agreement between Nevsun and ENAMCO regarding the purchase by ENAMCO of a 30% interest in Bisha. To allow the parties sufficient time to make a final determination of the purchase price, Nevsun and ENAMCO have agreed to have the price finalized by June 30, 2011. The parties have already agreed that the price will be settled from the after tax cash flow from the mine, which will leave Nevsun with the majority of profits until the price is fully paid. Effectively, the ENAMCO interest in Bisha pays for itself, without a separate use of government funds.

Operating Highlights

From January to April the mine produced over 105,000 ounces of gold, which includes two start-up months of early stage ramp up. Recoveries continue to exceed those planned. Without any hedges in place, the Company enjoys full exposure to metals prices and sells gold at spot prices.

Cash from operations continues to accumulate. Q1 2011 financial statements and management discussion and analysis should be released on or before May 12, 2011.

Safety Milestone

The Bisha project also achieved a significant milestone in late April when it surpassed seven million man-hours with no major injuries or fatalities amongst both employees and contractors, a remarkable achievement in a new mining jurisdiction. Nevsun and Bisha Mining Share Company are committed to implementing processes and procedures that meet or surpass International standards for mining and industrial safety.

Cliff Davis, Nevsun CEO, commented “I am very proud of our remarkable safety record. It is a credit to the strong Bisha team and world class contractors employed in the development of the Bisha project. We have introduced to the Eritrean work place high standards for safety practices that have been properly implemented throughout our employee and contractor group.”

Forward Looking Statements: Forward Looking Statements: The above contains statements regarding positive drill results, indications that the Bisha concession may host multiple deposits, the Harena deposit as a potential source of supplemental feed and valuable cash flow, the close relationship between the interpreted graphitic horizon and the Harena massive sulphide, and additional prospects at the Harena area. Although we believe the expectations reflected in our forward looking statements are reasonable, results may vary, and we cannot guarantee future results, levels of activity, performance or achievements. . Forward-looking statements are statements about the future and are inherently uncertain, and actual achievements of the Company or other future events or conditions may differ materially from those reflected in the forward-looking statements due to a variety of risks, uncertainties and other factors, including, without limitation, those described in the Management Discussion and Analysis of the Company. The Company's forward-looking statements are based on the beliefs, expectations and opinions of management on the date the statements are made and the Company assumes no obligation to update such forward-looking statements in the future. For the reasons set forth above, investors should not place undue reliance on forward-looking statements.

NEVSUN RESOURCES LTD.
Cliff T. Davis
President & Chief Executive Officer

[diamant01]

Tnx Klaus

[klaus3132]

Antwort auf Beitrag Nr.: 41.447.011 von diamant01 am 03.05.11 20:09:11

NP,nur schade das der markt es scheinbar nicht wirklich gerne sieht :-(
oder fällt es mehr unter"sell on good news" ;-)

mfg
me

[diamant01]

Nevsun Resources (TSX:NSU or NYSE Amex:NSU) has hit every milestone in the last year.

Nevsun successfully arranged more than $250 million in financing deals, including a deal with Eritrean government for it to become a partner in its flagship Bisha Mine, put the Bisha Mine into production, and ramped it up to full production in a few short months.

Now Nevsun's mine is producing more than 1,000 ounces of gold per day.

Nevsun has been rewarded for its accomplishments by the markets too. Shares of the Nevsun have more than tripled in the past year.

But Nevsun is now starting to advance some other key projects that it put on the back burner while building its mining operations. That is quickly changing and, given the early results of these satellite projects, there could be a lot more life to Nevsun than the market sees right now.

Despite all the success Nevsun has had so far, there could be even more to come as it ramps up exploration in high-potential targets surrounding the Bisha Mine, increases its reserve base and further extend its mine life.

$1 Million a Day Free Cash Flow

Nevsun is a rapidly expanding mining company in many different ways.

Its core asset is the Bisha Mine. Nearly a decade after discovery, the Bisha Mine was commissioned at the end of 2010. In March 2011 the mine reached full production of 35,000 ounces per month.

Since Nevsun is an unhedged gold producer with no debt, it enjoys every uptick in the price of gold. With gold at nearing $1500 per ounce and Nevsun's cash costs of less than $300 per ounce, Nevsun is cash flowing more than $1,000 per ounce of gold. And with production of 34,000 ounces in March, it's clearing well more than $1 million per day and accumulating cash rapidly.

The Bisha Mine, however, will not be a high-grade gold mine forever.

As the chart below shows, it's frontloaded with high-grade gold and silver, then adds high-grade copper, and then high-grade zinc.

Ore Type Ore
(kt) Au
(g/t) Ag
(g/t) Cu
(%) Zn
(%)
Oxide
Proven 933 5.75 21.90
Probable 3,719 7.39 31.48
Combined (cut-off ~ 1.0 g/t*) 4,651 7.06 29.56
Supergene
Proven 844 0.80 43.47 4.92
Probable 6,537 0.77 31.29 3.77
Combined (cut-off ~ 0.50 % Cu*) 7,382 0.78 32.68 3.90
Primary
Proven 521 0.78 52.51 0.91 8.09
Probable 15,759 0.72 44.12 0.97 5.31
Combined (cut-off ~ 0.75 % Zn*) 16,279 0.72 44.40 0.97 5.40

Total Proven 2,298 2.80 36.77 2.07 1.98
Total Probable 26,015 1.69 39.09 1.55 3.26
Total Combined 28,313 1.78 38.90 1.60 3.15

*Cut-off is based on NSR, Oxide = $29.03/t, Supergene = $26.57/t, Primary = $26.68/t, cut-off grade values shown above are approximate and may be affected by other metal values in the deposit. When Bisha initially went into production, it had the economics to justify building the mine. It had a mineable reserve estimate of 20 million tonnes of zinc, copper, silver, and gold ore.

Nevsun has been able to expand it's mineable reserves to more than 28 million tonnes, from an estimated 40 million tonnes resource. That's an increase of 40% that extended the mine life from nine years to 13 years and is expected to grow even longer after the completion of two ongoing drilling programs in the Bisha Main deposit.

The first drilling program is the infill drilling of 10 million tonnes of inferred high-grade copper-zinc material. The program's objective is to bring the material up to Measured & Indicated resource categories and then add to reserves. This program is expected to be completed later in 2011 and extend the mine life and add reserves.

Nevsun's second drilling program consists of infill drilling aimed at a potential incremental copper resource adjacent to the current pit shell. This program is expected to further increase mine life and reserves.

Nevsun is in a very unique position that it's already in production and still adding reserves. It's growing every way possible. There's a lot more to the Nevsun story that's starting to unfold.

In Production and Still Growing

Nevsun's resource size, successful mine completion, and production expansion are impressive on a standalone basis, but now it's starting to focus on the rest of the Bisha project. The Bisha Mine only makes up a small fraction of the property and the resource potential on it. The rest of the Bisha project includes two other deposits, the Northwest (NW) Zone and Harena:



The Harena VMS discovery is satellite deposit which early exploration results show considerable similarities to the main Bisha deposit. It is located approximately 10 km away from the main Bisha deposit. Diamond drilling in 2005 confirmed the existence of both oxide and sulphide mineralization, much like the main Bisha deposit, across a strike length of 400 meters.

NThe first round of drilling in late 2010 confirmed near-surface, high grade gold at the Harena discovery. Highlights of the drilling included (view full table of results here):

Hole #H-078 - 18m at 11.78g/t Au, from 51.0 meters to 69.0 meters
Hole #H-062 - 31.9m at 4.09g/t Au, from 5.6 meters to 37.5 meters
Hole #H-063 - 51m at 3.34g/t Au, from 19.5 meters to 70.5 meters
Hole #H-059 - 60m at 2.73g/t Au, from 13.5 meters to 70.3 meters

The second round of drilling results confirm very high grade copper and zinc contained in the Harena discovery, again, much like the main Bisha deposit. The results include:

Hole #H-077 - 12m at 5.62% Cu, from 67.5 meters to 79.5 meters
Hole #H-076 - 6m at 3.90% Cu, from 67.5 meters to 73.5 meters
Hole #H-054 - 27m at 7.37% Zn, from 70.5 meters to 97.5 meters
Hole #H-061 - 7.5m at 7.26% Zn, from 84.9 meters to 92.4 meters

The drilling results confirm the significant economic potential of the Harena and, given the 400 meter strike length and open in two directions, it still has the potential to be very big too.

Although Harena has a lot of potential at this point, it is just part of resource potential of the satellite deposits on Bisha. The NW Zone is the second near-surface volcanogenic massive sulphide (VMS) discovery on the Bisha property and it is just 1.2 kilometers from the main Bisha deposit. Drilling of the project was initially conducted between 2004 and 2006. The initial exploration results confirmed a strike length at least 600 meters long and open to the northeast and southwest.

It plans reverse circulation drilling to explore for oxide gold and infill diamond drilling in Q3 2011. Those drilling results are expected to add additional resources and potentially yet again increase mine life for the Bisha mill.

The Harena and NW Zone both have the potential to significantly extend the mine life. Since the mill is already in production, minimal capital costs are expected to develop and produce from the Harena and NW Zone.

Nevsun is a growth story that, after going into production, has proven it can continue to grow.

Share Structure:
Common Shares Outstanding: 196.5 million
Warrants Outstanding: 0
Options Outstanding: 10.3 million
Fully Diluted Shares Outstanding: 206.8 million
Market Value (@ $6.50 per share): $1.34 billion

The Bottom Line

Nevsun (TSX:NSU or NYSE Amex:NSU) has been a rapidly developing story over the last few months.

It completed its mine construction and within a few months is already at full capacity. The mine is generating more than $1 million a day in operating free cash flow. As the mining operations go deeper into the deposit, Nevsun will be dipping into very high-grade copper and zinc ore.

Although Nevsun has delivered on its development and production timeline, the growth isn't over yet. Two more known discoveries rest within its 110 square kilometer Bisha project add significant exploration potential.

Further development of Harena, the Northwest Zone and in the Bisha Main pit should grow resources and reserves, adding additional value to an already very successful mining company.

You can follow Nevsun Resources (TSX:NSU or NYSE Amex:NSU) development

[klaus3132]

Antwort auf Beitrag Nr.: 41.449.065 von diamant01 am 04.05.11 09:36:32

verdammte langes posting,allerdings ein sehr interessantes das sich zu lesen lohnt,THX diamant :-)

mfg
me

[diamant01]

http://www.boerse-go.de/jandaya/#Ticker/Feed/?n=TopNews


FT: Mexikos Zentralbank kauft 93,3 Tonnen Gold, was 3,5% der weltweiten jährlichen Goldminenproduktion und einem Wert von 4,6 Mrd. Dollar entspricht

[diamant01]

http://www.spiegel.de/international/europe/0,1518,761201,00.…

Sollte man lesen

[Fex82]

Der Quartalsbericht zum 1. Quartal ist da!

http://www.nevsun.com/news/2011/may11/

[MrJewing]

Ich habe mir auch mal eine Position von Nevsun gekauft,ich verstehe nur nicht wieso hier die Aktie kaum gekauft wird.Ich bin überwältig
von dem Managment was sie zu Tage gebracht haben,man muß sich das mal im Munde zergehen lassen,circa 1 Mille pro Tag,das wären im Jahr sage
und schreibe 360 Mille,unfassbar,der Kurs müßte mindestens bei 10,-EUR stehen.

[diamant01]

Antwort auf Beitrag Nr.: 41.507.031 von MrJewing am 16.05.11 10:36:52

Ja hier ist eine grasse Unterbewertung....Ich hoffe das wird sich legen.

Wie bist du eigentlich auf Nevsun gekommen??

[MrJewing]

Antwort auf Beitrag Nr.: 41.508.984 von diamant01 am 16.05.11 16:08:44

Ich hatte sie schon länger im Auge wollte immer wieder zuschlagen,dachte sie würde noch billiger,als sie dann über 5,-EUR stieg gab ich auf, schaute jetzt mal wieder rein und was sahen meine Augen 3,86 EUR,diesmal schlug ich zu und kaufe auch noch nach wenn der Kurs weiter fallen sollte.

[Minenfee]

Nevsun Resources Ltd. erklärt erste Halbjahresdividende

Nevsun Resources Ltd. Nevsun Resources Limited gab in dieser Woche bekannt, dass der Vorstand des Unternehmens einer Halbjahresdividende von 0,03 USD je Stammaktie zugestimmt hat (0,06 USD pro Jahr je Stammaktie) Die Bardividende ist am 15. Juli 2011 zahlbar an alle Aktionäre per 30. Juni 2011.

Die Bisha Mine des Unternehmens erreichte im Februar dieses Jahres die kommerzielle Produktion.

© Redaktion MinenPortal.de.


Nun beginnt das Geld verdienen.

Schönes Wochenende
Minenfee

[herrspecht03]

Bei allem berechtigten Optimismus und Freude nach den Quartalszahlen möchte ich anmerken, dass der Goldgehalt mit 5,6 g je Tonne im ersten Quartal unter dem im Produktionsplan angegebenen Gehalt von 7,69 Gram lag. Die Strip Ratio war mit 4,9 ebenfalls deutlich ungünstiger als im Plan. Bin gespannt, wie sich das in den kommenden Quartalen entwickeln wird.

[diamant01]

Griechenland kaufte im Mai 1000 Unzen Gold


http://www.noows.de/griechenland-kaufte-im-mai-1000-unzen-go…

[diamant01]

2011 Press Releases
June 30, 2011

Nevsun Corporate Update
Nevsun Resources Ltd. (TSX:NSU / NYSE Amex:NSU) announces that the Company continues to work towards finalizing its arrangements regarding the purchase of 30% of the company by the Eritrean National Mining Corporation (ENAMCO) from Nevsun. The Company had previously given guidance on May 3 that the purchase price would be determined by June 30, 2011. The price determination is subject to a process involving two independent international institutions that have now submitted their draft reports. Nevsun and ENAMCO are reviewing the results and will advise when the amount is finalized.

http://www.nevsun.com/news/2011/june30/

Diamant

[MrJewing]

Ist die Meldung jetzt gut für unsere Nevsun,da wir ja 30 % verkaufen
oder habe ich die Meldung falsch verstanden.

[herrspecht03]

Die Meldung ist neutral bis schlecht, da man von Investorenseite gerne wüsste, wie viel das Unternehmen für die 30-Prozent-Beteiligung erhält. Je früher der Preis bekannt wird, desto besser, da Unwissenheit Unsicherheit bedeutet. Die Verzögerung ist auch kein Anzeichen dafür, dass man mit den Verhandlungen gut vorankommt.

[diamant01]

http://www.nevsun.com/news/2011/july07/

July 07, 2011

Nevsun Q2 Operating Highlights
HIGHLIGHTS

•93,000 ounces produced in Q2

•168,000 ounces produced year to date

•Cash balance $US 186 million


Super Ergebnisse!

[herrspecht03]

Es gibt übrigens neues Research:

http://www.nevsun.com/investors/coverage/2011-7-14-edison-in…

Schön auch die Steigerung des impliziten Goldgehalts auf 7,32 g/t. Es läuft wohl alles nach Plan!

[MrJewing]

Weiß jemand etwas näheres über den Verkauf der 30%,von Nevsun,konnte bis jetzt nichts finden.

[grasgruener]

Antwort auf Beitrag Nr.: 41.927.041 von MrJewing am 10.08.11 08:08:45

http://www.nevsun.com/investors/presentation/2011-07-18-nevs…

laut Präsentation soll es dazu im 3.Q endgültig was geben.........

[grasgruener]

Nevsun produziert pro Tag etwas über 1000 Unzen Gold zu Kosten von 300$

beim aktuellem Goldpreis von ca. 1850$ reden wir über eine Nettomarge von 1550$
pro Tag macht NSU im Moment mind. 1,55 Mio $ Gewinn....

[grasgruener]

http://www.marketwire.com/press-release/nevsun-resources-ltd…

August 23, 2011 06:00 ET

Nevsun Resources Ltd.: Bisha Purchase Arrangement Finalized

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 23, 2011) - Nevsun Resources Ltd. (TSX:NSU)(NYSE Amex:NSU) is pleased to advise that it has finalized its arrangements with the State of Eritrea regarding the purchase of 30% of the Bisha mine by the Eritrean National Mining Corporation (Enamco). The agreed price is US$253.5 million, which will be settled from the after tax cash flows generated by the Bisha mine.

The purchase price determination was subject to a process involving two independent international institutions that were mutually appointed by Nevsun and Enamco in January 2011. It should be noted that the purchase price is not indicative of the fair market value of Bisha but rather the outcome of a price determination process, defined in a 2007 shareholder agreement, based on parameters of the Bisha deposit as it was understood in 2007.

Enamco's ownership interest will effectively pay for itself without a separate use of government funds. A formula has been agreed whereby a substantial portion of the cash generated by the Bisha mine that would otherwise be paid to Enamco will go to Nevsun until the purchase price is paid in full. The balance is expected to be settled over a period of approximately 2 years, depending mainly upon future metals prices and output from the Bisha mine.

While the current mine life is approximately 13 years, management looks to increase the mine life as it continues to drill out additional mineralization in and around the Bisha mine.

Nevsun's President Cliff Davis states, "Enamco has been an excellent partner in Bisha. The Government of Eritrea has significantly contributed to the project, both financially and through the board of directors of Bisha Mining Share Company, as well as through the support of the Ministry of Energy & Mines, Ministry of Finance and various other Ministries. By collaborating with international companies, Eritrea is developing a mining industry that provides direct economic benefits, skill enhancement and supply chain expansion. Through these cooperative efforts, sustainable development from the industry can positively impact the Eritrean economy for decades to come."

[grasgruener]

gutes Geschäft für beide Seiten

[herrspecht03]

Also in meinen Augen ist der Verkaufspreis eine Enttäuschung, insbesondere in Anbetracht des letzten Goldpreisanstiegs. Ich hatte eher mit 500 Mio. USD gerechnet. Die Ubika-Analysten hatten 450 Mio. USD prognostiziert.

Aber in der Meldung heisst es ja auch, dass der Preis kein Indikator für den Fairen Wert von Nevsun ist. Positiv ist auch, dass die Zahlung innerhalb von 2 Jahren, also relativ schnell, erfolgen soll.

[grasgruener]

Antwort auf Beitrag Nr.: 41.995.107 von herrspecht03 am 24.08.11 12:21:22

die 250 Mio sind ja ein abgezinster Betrag auf die momentan angenommene Reslaufzeit der Mine; insofern geht es
aber ich glaube bei dem Geschäft geht es einfach um viel mehr....
1. NSU hat damit den Staat auf Jahre für sich eingebunden, gerade für die vielen anstehenden Massnahmen sehr wertvoll
2. NSU beteiligt das Land an der Wertschöpfung - sowas ist immer positiv
3. NSU verrechnet anfallende Nach-Steuer-Gewinne anteilsgemäß mit dem Kaufpreis bis dieser vollständig "abgezahlt" ist.......und man schätzt das es ca. 2 Jahre dauert
wenn Gold weiter steigt wird es schneller gehen, wenn nicht dann länger
4. NSU geht dadurch in der nächsten Zeit keine Cashflow verloren - das betrachte ich positiv; zumal der Gewinn nach Abzug von Kosten ermittelt wird.......und der Schwenk von Gold auf Kupferproduktion wird einiges kosten

[grasgruener]

August 31, 2011 08:00 ET

Nevsun Drills 30m of 8.55% Copper Adjacent to Bisha Mine
http://www.marketwire.com/press-release/nevsun-drills-30m-of…
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 31, 2011) - Nevsun Resources Ltd. (TSX:NSU)(NYSE Amex:NSU) is pleased to report the assays from the forty-three diamond drill holes at the hanging wall copper zone within its Bisha mining license in Eritrea. The hanging wall copper zone is immediately west of the Bisha Main deposit and partially within the current open pit limit but it is not included in the current resource or reserve estimate for Bisha.

Highlights

•Discovery of additional supergene mineralization
•Confirmation of near surface copper mineralization that is likely additional feed for the Bisha mill
Select Results Include:

•Hole B-395 – 30.0m at 8.55% Cu, from 34.5 meters to 64.5 meters
•Hole B-413 – 82.5m at 0.81% Cu, from 39.0 meters to 121.5 meters
•Hole B-398 – 45.5m at 0.95% Cu, from 52.5 meters to 98.0 meters
•Hole B-411 – 39.25m at 1.00% Cu, from 66.25 meters to 101.5 meters
•Hole B-410 – 28.5m at 1.06% Cu, from 40.5 meters to 69.0 meters
A two phase drill program was designed to define the extent and continuity of the previously identified copper mineralization located within the hanging wall of the Bisha deposit. Phase 1 of the program was completed in March 2011. The results were positive, and have provided valuable information on the extent and nature of the mineralization. Phase 2, focused on infilling the mineralization in order to calculate resources, will start in mid-September. Nevsun views the hanging wall mineralization as a potential source of supplemental feed for the processing plant at Bisha.

[grasgruener]

ganz frisch geupdated

http://www.nevsun.com/investors/presentation/nevsun-presenta…

[Minenfee]

Es gibt gute Nachrichten !

Nevsun Resources Ltd. meldet Produktionsergebnisse
07.10.2011 | 13:02 Uhr | Rohstoff-Welt.de
Nevsun Resources Limited veröffentlichte gestern die operativen Ergebnisse des dritten Quartals 2011. In den drei Monaten bis 30. September belief sich die Produktion des Unternehmens auf 110.000 Unzen Gold.

Seit Jahresanfang hat die Bisha-Mine in Eritrea damit insgesamt 278.000 oz Gold produziert, inbegriffen sind 41.000 oz, die während der Inbetriebnahmephase Anfang des Jahres ausgestoßen wurden.

Ende des Quartals verfügte Nevsun über Barmittel in Höhe von 226 Mio. USD.

© Redaktion MinenPortal.de

Schönes Wochenende
Minenfee

[Lukass84]

danke für doe neue Präsentation, aber zwei Seiten verstehe ich nicht.

Kann mir einer von euch die Seiten 10 und 11 erklären?

Auf Seite 10 gehen die von einem Shareprice für 2011 von 2 dollar aus? Und die stehen zur Zeit bei 5 dollar, sprich die finden sich selbst überbewertet? oder wie soll ich die zahlen verstehen?

wäre super, falls das jemand erklären könnte.

und ich hab noch eine frage... wieso gehen die auf eine kupferproduktion über (ist gold nicht ertragreicher?)? und was machen die mit ihrem silber? ^^

mfg
luke

[Lukass84]

ach ok.. die zwei seiten hab ich jetzt verstanden .. man sollte auch richtig lesen.. geht ja nur um die Cashanhäufung.. nun gut

bleibt die frage:

und ich hab noch eine frage... wieso gehen die auf eine kupferproduktion über (ist gold nicht ertragreicher?)? und was machen die mit ihrem silber? ^^

Mfg
Luke

[Fatalis]

Antwort auf Beitrag Nr.: 42.186.991 von Lukass84 am 08.10.11 07:36:19

Langfristig noch ertragreicher. Du musst dafür glaube ich mal über die aktuelle Krisenzeit hinweg denken. Momentan ist Gold super, da es ein sicheren Hafen darstellt. Interessant wird Kupfer, wenn die Weltwirtschaft wieder ein wenig an Dynamik gewinnt. Die Margen dürften gewaltig werden, da hier ein dtl. Unterangebot erwartet werden kann.

Hier noch meine Recherche von gestern Abend zu Nevsun:

Recherche zu Nevsun:

Habe einen sehr interessanten Artikel dazu gefunden:

http://www.mineweb.com/mineweb/view/mineweb/en/page66?oid=13…

Positivliste:
- 28 Mio. Unzen Gold in Reserve/Mine + reichlich andere Edelmetalle
- Resourcenupdate in Q4/2011 erwartet
- 228 Mio.$ Cash
- 100 Mio.$ stehen für Projektentwicklung zur Verfügung
- Damit ggf. Übernahmen im Bereich Kupfer oder Zinn geplant
- der hohe Cashbestand dürfte für ein beschleunigtes Wachstum sorgen, da aufwändige Finanzierungsrunden nicht zu Diskussion stehen
- Bewertung: EPS in diesem Jahr wahrscheinlich ca. 1$ im nächsten Jahr 1,50$
- geringe Kosten pro Unze von 301$ --> rel. unsensibel gegen fallenden Goldpreis

Negativliste
- in Eritrea ansässig
- politisch stabil?
- ... mehr fällt mir nicht ein

Ergo werde ich einen entsprechenden Einstieg in den kommenden Wochen suchen.

Gruß
Fatalis

[Fatalis]

Antwort auf Beitrag Nr.: 42.187.349 von Fatalis am 08.10.11 12:13:51

Korrigiere Übernahmen bei Kupfer/Zinn. Haben ja schon entsprechende Resourcen auf eigenen Minien nachgewiesen...

Die Erschließung solcher Minen bis hin zur Produktion kosten im Schnitt einen mittleren zweistelligen Millionenbetrag. So erlebt bei Altona und Deutsche Rohstoff AG.

Gruß
Fatalis

[Lukass84]

danke für die beschreibung

[grasgruener]

Antwort auf Beitrag Nr.: 42.186.991 von Lukass84 am 08.10.11 07:36:19

Hi Lukas,

du hast die Unternehmenspräsentation gelesen - das ist gut!

folgende Ergänzungen:

das Projekt von Nevsun ist von vornherein so ausgelegt gewesen - Umstellung auf Kupferproduktion etc. weil es die Geologie der Liegenschaft so vorgibt
in den ersten 2 Jahren baut man die vorhandenen Goldreserven ab, darunter folgt dann eine Gesteinsschicht die eine hohe Kupferkonzentration und einen deutlich niedrigere Goldkonzentration hat - was eben diese Produktionsumstellung vorgibt.......
das Geld dafür will man in den laufenden Monaten verdient haben, und es sieht dafür auch sehr gut aus!
wenn die Umstellung erfogt wird es sicherlich ein Jahr geben wo nicht so hohe Gewinne fließen, aber das gibt sich dann
langfristig ist Kupfer ebenso attraktiv wie Gold, es ist ein Industriemetall wo es auf Jahre ein Angebitdefizit geben wird

Eritrea sehe ich nicht als Negativpunkt wg.politischer Sicherheit etc. - im Gegenteil - nicht umsonst haben die Franzosen und Amerikaner ihre größten militiärischen Afrikabasen dort.......
der Hafen ist der größte innerhalb der Region und bringt Geld und Jobs...
im Moment ist Eritrea mit eines der sichersten Länder in der Region

[grasgruener]

in Canada heute - 1 CAD bisher...........wenn das beschlossen wird ist erstmal Ende im Gelände........allerdings glaube ich noch nicht daran!

Eritrea - Bergbausektor in Gefahr :gruebel:
eigentlich kaum zu glauben - die Amis und Franzosen unterhalten große Militärbasen in Eritrea und die Bevölkerung sind Grob 50% Christen und 50% Muslime

Dienstag, 18. Oktober 2011 | 16:13

Eine neue Resolution der UNO könnte den Bergbau in Eritrea vor große Probleme stellen. Davon wären auch ausländische Investoren betroffen.
Gold
http://www.investor-sms.de/Boersenbriefe/GOLDINVEST.de/Eritr…
Der Sicherheitsrat der UNO diskutiert in dieser Woche, ob es neue Sanktionen gegen Eritrea geben soll. Geplant ist unter anderem ein Importverbot für Gold und andere Rohstoffe aus Eritrea. Auch sollen ausländische Investitionen in den Bergbausektor des Landes untersagt werden. Das würde das vorläufige Aus für die Branche bedeuten. Dem ostafrikanischen Land wird vorgeworfen, die islamischen Rebellen in Somalia zu unterstützen. Eritrea bestreitet dies jedoch und vermutet dahinter eine Intrige des Nachbarstaats Äthiopien.

Sollten die Sanktionen umgesetzt werden, wäre eine Reihe von ausländischen Unternehmen direkt davon betroffen. So arbeitet Nevsun Resources (WKN: 901340) aus Kanada auf dem Bergbauprojekt von Bisha, um dort Gold, Kupfer und Zink zu fördern. Chalice Gold Mines (WKN: A0JDKP) aus Australien hat gerade zwei Explorationslizenzen erhalten.

Beobachter gehen jedoch davon aus, dass die Sanktionen letztlich abgemildert werden. Ob die wirtschaftlichen Einschränkungen tatsächlich in dieser Form durchgesetzt werden, wie einigen afrikanische Staaten dies fordern, wird angezweifelt. Traditionell sind vor allem Russland und China in diesen Angelegenheiten sehr zurückhaltend. Beide Staaten haben ein Vetorecht im Sicherheitsrat und können Sanktionen zu Fall bringen

[Minenfee]

Antwort auf Beitrag Nr.: 42.232.461 von grasgruener am 19.10.11 16:19:58

Nevsun Resources Ltd. meldet Umsatz von 185 Mio. USD

Nevsun Resources Ltd. Nevsun Resources Limited veröffentlichte heute die finanziellen und operativen Ergebnisse des dritten Quartals 2011. Während der drei Monate produzierte das Unternehmen 110.000 oz Gold. Die durchschnittlichen Cashkosten beliefen sich auf 264 USD je verkaufter Unze.

Nevsun verkaufte 108.600 oz Gold zu einem durchschnittlich erzieltem Preis von 1.715 USD je Unze. Die Umsätze erreichten in dem Quartal 185 Mio. USD und der Nettogewinn nach Steuern 89,2 Mio. USD.

© Redaktion MinenPortal.de Redaktion, 14.11.11 - 16:06 Uhr

[grasgruener]

Die Sache mit der UN-Resolution ist vom Tisch!
das bringt wieder Sicherheit und Nevsun vorran.........

December 06, 2011 03:05 ET

Nevsun: Update on United Nations Actions Regarding Eritrea

http://www.marketwire.com/press-release/nevsun-update-on-uni…

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 6, 2011) - Nevsun Resources Ltd. (TSX:NSU)(NYSE Amex:NSU) 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), which was passed on December 5, 2011, includes three sections related to the mining industry and should have no direct impact on the Bisha operations, no direct impact on Nevsun Resources Ltd. and no direct impact to shareholders of Nevsun Resources Ltd. It is not possible to estimate any indirect impacts as the resolution suggests that future guidelines will be prepared for optional use by individual UN member states.

The mining specific sections of the resolution are reprinted below:

12. Expresses concern at the potential use of the Eritrean mining sector as a financial source to destabilize the Horn of Africa region, as outlined in the Final Report of the Monitoring Group (S/2011/433), and calls on Eritrea to show transparency in its public finances, including through cooperation with the Monitoring Group, in order to demonstrate that the proceeds of these mining activities are not being used to violate relevant resolutions, including 1844 (2008), 1862 (2009), 1907 (2009) and this resolution;

13. Decides that States, in order to prevent funds derived from the mining sector of Eritrea contributing to violations of resolutions 1844 (2008), 1862 (2009), 1907 (2009) or this resolution, shall undertake appropriate measures to promote the exercise of vigilance by their nationals, persons subject to their jurisdiction and firms incorporated in their territory or subject to their jurisdiction that are doing business in this sector in Eritrea including through the issuance of due diligence guidelines, and requests in this regard the Committee, with the assistance of the Monitoring Group, to draft guidelines for the optional use of Member States;

14. Urges all States to introduce due diligence guidelines to prevent the provision of financial services, including insurance or re-insurance, or the transfer to, through, or from their territory, or to or by their nationals or entities organized under their laws (including branches abroad), or persons or financial institutions in their territory, of any financial or other assets or resources if such services, assets or resources, including new investment in the extractives sector, would contribute to Eritrea's violation of relevant resolutions, including 1844 (2008), 1862 (2009), 1907 (2009) and this resolution;

The full text of the resolution may be found on the UNSC web site.

Nevsun's President Cliff Davis states, "The State of Eritrea has been a strong partner and shareholder in the Bisha Mining Share Company, a subsidiary of Nevsun. The Government of Eritrea has contributed to the building of the Bisha Mine, both financially and through the Board of the Bisha Mining Share Company, as well as through the support of the Ministry of Energy & Mines and various other ministries. By collaborating with international companies, Eritrea is developing a mining industry that provides direct economic benefits, skill enhancement and supply chain expansion. Through these cooperative efforts, sustainable development from the industry can positively impact the Eritrean economy for decades to come."

NEVSUN RESOURCES LTD.

Cliff T. Davis, President & Chief Executive Officer

[keyar]

hallo,
hat irgendwer schon die HJ - Dividende auf dem Kto ??


lg

keyar

[equinox10]

Antwort auf Beitrag Nr.: 42.641.247 von keyar am 24.01.12 19:30:16

Ja, seit 18.01. Bin bei comdirect.

[Minenfee]

Antwort auf Beitrag Nr.: 42.641.247 von keyar am 24.01.12 19:30:16

Hy keyar!

Habe ich schon bekommen und dazu die guten Ergebnisse von 2011.

Nevsun Resources Ltd. meldet Produktionsergebnisse

Nevsun Resources Limited veröffentlichte gestern die operativen Ergebnisse des vierten Quartals 2011. In den drei Monaten bis 31. Dezember belief sich die Produktion des Unternehmens auf 101.000 Unzen Gold.

Seit Jahresanfang hat die Bisha-Mine in Eritrea damit insgesamt 379.000 oz Gold produziert, inbegriffen sind 35.000 oz, die während der Inbetriebnahmephase Anfang des Jahres ausgestoßen wurden.

Ende des Quartals verfügte Nevsun über Barmittel in Höhe von 347 Mio. USD.

© Redaktion MinenPortal.de

Die Meldung ist zwar schon 14 Tage alt,aber die werden ihre Barmittel nicht verbraucht haben,sondern eher vermehrt, bei Produktionskosten von unter $ 300,00

Gruß Minenfee

[keyar]

Antwort auf Beitrag Nr.: 42.650.386 von Minenfee am 26.01.12 11:23:04

danke !
Div jetzt da.
News muss ich mir noch ansehen.

lg

keyar

[equinox10]

Kann mir einer sagen, was hier los ist???

Minus 30% ?!?

[Fex82]

Antwort auf Beitrag Nr.: 42.713.849 von equinox10 am 07.02.12 17:26:54

http://www.nevsun.com/news/2012/february07/

Die wollen dieses Jahr nur 190000 -210000 oz Gold fördern. Dieses Jahr waren es 379000 oz.

[Fex82]

Antwort auf Beitrag Nr.: 42.713.913 von Fex82 am 07.02.12 17:34:24

"Dieses Jahr waren es 379000 oz."

Also letztes Jahr (2011)

[equinox10]

Antwort auf Beitrag Nr.: 42.714.045 von Fex82 am 07.02.12 17:51:48

Die Produktion für 2012 wird mal locker fast halbiert, das ist natürlich schon ein Wort. Allerdings muss man auch mal sehen, dass die 347 Mio $ Cash haben, eine Dividende zahlen, demnächst sowieso auf Kupfer und Zink umschwenken und meiner Meinung nach eh unterbewertet waren. Von daher find ich den Kurseinbruch etwas übertrieben.

[herrspecht03]

Also angesichts dessen, was noch an Kupfer am Boden liegt (vorausgesetzt natürlich, dass die Schätzungen auch zutreffen) ist der Kursrückgang auf jeden Fall deutlich überzogen. Würde mich nicht wundern, wenn der Kurs in den kommenden Wochen wieder deutlich steigt.

[ooy]

Wuerde hier nicht einsteigen momentan, Eritrea ist auch nicht gerade ein sicheres Pflaster...

[ooy]

Verschätzt Nevsun Resources halbiert Goldproduktionsprognose
Autor: Björn Junker | 08.02.2012, 11:27 | 195 Aufrufe | 0 |
Google Anzeigen
Rocky Mountain Mineralien
Authorisierte Vertrieb der Phyto-Mikromineralien Ur-Essenzwww.rockymountainminerals.euSilber mehr als 2.000 ppm
Gold- Silber- Buntmetall- Explorerin AT mit zahlreichen Projektenwww.silbermine.at5 Top Aktien 2012
niedriges KGV, kein Verlustrisikohohe Dividendenrenditen.Value-Telegramm.deEs sollte auch dieses Jahr aufwärts gehen mit der Goldproduktion von Nevsun Resources (WKN 901340), einem Unternehmen, das in den kommenden Jahren dann zum Buntmetallproduzenten werden will. Doch am Dienstagmorgen halbierte das auf Eritrea ausgerichtete Unternehmen seine Produktionsprognose auf 190.000 bis 210.000 Unzen Gold aus der Oxidzone seiner Lagerstätte Bisha.


Wie Nevsun erklärte sei im vergangenen Jahr eine Diskrepanz zwischen dem abgebauten Erz und dem, was man als Reservenmodell veranschlagt hatte, aufgetaucht. Ein Großteil dessen, was man für goldhaltiges Erz gehalten hatte, erwies sich als Abraum in der oberen oxidischen Zone auf der Bisha-Lagerstätte. Den Großteil der Lagerstätte machen ansonsten Kupfer und Zink aus.

Das Resultat: Die geschätzten Oxidervorkommen mussten um rund 35% gesenkt werden. Wie Nevsun mitteilte, rechnet man nun mit 1,6 Mio. Tonne Oxiderz bei durchschnittlich 5,1 Gramm Gold pro Tonne statt wie zuvor mit geschätzt 2,5 Mio. Tonnen bei ungefähr dem gleichen Gehalt.

Wie Nevsuns COO in einer Telefonkonferenz erklärte, besteht die Diskrepanz zwischen den abgebauten und den modellierten Oxiderzen in der Gewinnungsrate der Reserven und Ressourcen. Die falle in der Oxidzone mit lediglich 71% schwach aus. Dem stehen Gewinnungsraten von 91 und 98% in den Zonen unter den Oxidressourcen gegenüber.

Und diese schwachen Gewinnungsraten machen sich nun bemerkbar. Bei der Erstellung der Machbarkeitsstudie für die Bisha-Lagerstätte wurde jetzt Erz mit einer Gewinnungsrate von weniger als 60% ausgeschlossen, sodass sich das in der Vergangenheit geschätzte Volumen des enthaltenen Goldes wie eingangs gesagt als zu hoch herausstellte.

Das kann bei den Anlegern natürlich nicht gut an. Die Nevsun-Aktie schloss im gestrigen Handel in Kanada um knapp 31% niedriger.

[boersehp]

uj ist das ruhig hier,
hat jemand nen Gefühl dafür, wann man hier wieder einsteigen kann, 50% Kursverlust sind ja schon ne harte Strafe.

[Lukass84]

http://tmx.quotemedia.com/article.php?newsid=49590647&qm_sym…

[Lukass84]

670 millionen dollar MK und die wollen knapp 200.000 unzen produzieren. Allein der Erlös der 200.000 Unzen wäre bei einem Goldpreis von 1600 = 320 millionen. Gehen wir von 1300 gewinn pro unze aus, sind es immer noch 260 millionen. das waere jetzt ein kgv von knapp 3. sind die späteren kupfer-zinkerlöse wirklich so schlecht, dass diese bewertung gerechtfertigt ist???

[Lukass84]

zudem noch 300 mille cash aufm konto, wovon zwar 100 mille in den minenausbau gehen, aber man hat dann ne top mine, plus cash aufm konto, plus den abbau von kupfer/zink...

irgendwas passt also mit dem kurs nicht hehe

[RayNar]

Naja, ganz ohne Grund sind die Kursverluste ja nicht zustandegekommen. Die Fehleinschätzung ihrer Mine ist schon ein dicker Hund, zusätzlich zu der schon immer vorhandenen Länderproblematik, welches weltweit fast nicht schlechter sein könnte.

Hohes Risiko - hohe Belohnung würde ich ganz klassisch sagen.

[herrspecht03]

Auch auf die Gefahr, damit auf die Nase zu fallen würde ich dennoch sagen: Derzeit ganz klar Kaufkurse!

[ooy]

Nevsun 2011 Annual Financial Results
VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 21, 2012) - Nevsun Resources Ltd. (TSX:NSU)(NYSE Amex:NSU) -

2011 HIGHLIGHTS

Achieved commercial gold production February 22, 2011
Gold production of 379,000 ounces
Earnings per share of $0.74
Cash cost of $295 per ounce
Declared inaugural dividend, and then increased to $0.05 per share semi-annually
Ended year with $347 million in consolidated cash
Nevsun Resources Ltd. is pleased to report its financial and operating results for 2011. All figures are in United States dollars, unless otherwise indicated.

Annual 2011 Operating Results

In 2011 the Company recorded $548 million in revenues for the year on sales of 369,900 ounces of gold for an average realized price $1,620 per ounce. With 379,000 ounces produced, gold production averaged approximately 1,000 ounces per day with an average cash cost per ounce sold of $295. Since the Bisha Mine commenced operations in 2011, there are no comparative operating results for 2010.

The Company had after-tax income of $250 million for the year (2010 - loss $17 million), which translated to $0.74 earnings per share (2010 - $(0.07)). The Company increased its cash and cash equivalents by $297 million to $347 million (2010 - $50 million). Cash from operating activities for the year was $366 million (2010 - used $6 million).

Financial results (for a 10 month operating period in 2011):
In US $000s (except per share data) Q4 2011 Q3 2011 Q2 2011 Q1 2011 2011
Revenues $ 170,868 $ 186,502 $ 136,085 $ 54,315 $ 547,770
Operating income 129,254 146,944 101,947 39,638 417,783
Net after-tax income 78,336 89,200 60,605 21,893 250,034
Owners' earnings per share 0.23 0.27 0.18 0.06 0.74
Total assets $ 775,226 $ 700,769 $ 480,830 $ 392,717 $ 775,226

The Bisha Mine achieved commercial production in late February 2011. The annual operating income contains results only from February 22, 2011 to December 31, 2011.

Gold production and sales statistics(1):
Q4 2011 Q3 2011 Q2 2011 Q1 2011 2011
Tonnes milled 455,000 446,000 444,000 461,000 1,806,000
Gold grade 8.33 8.45 7.27 6.22 7.55
Recovery % of gold 88% 89% 89% 88% 88%
Gold in doré, ounces produced 101,000 110,000 93,000 75,000 379,000
Gold ounces sold 99,800 108,600 88,700 72,800 369,900
Gold price realized per ounce $ 1,685 $ 1,715 $ 1,510 $ 1,405 $ 1,620
Cash cost per ounce sold(2) $ 314 $ 267 $ 305 $ 304 $ 295

(1) Q1 gold production and sales statistics include results from the pre-operating period, January 1 - February 21, 2011. For accounting purposes, sales from ounces produced prior to February 22, 2011 are considered pre-production and capitalized to property, plant and equipment.
(2) Cash operating cost per ounce sold includes royalties and is a non-GAAP measure.

Complete annual consolidated financial statements and management discussion and analysis can be found on the Company's web site at www.nevsun.com as well as on SEDAR at www.sedar.com and EDGAR at www.sec.gov/edgar/searchedgar/webusers.htm.

2011 Exploration and other highlights

The Company's 2011 significant exploration and other highlights were as follows:

Applied for a mining license in December 2011 for the Harena deposit, situated 9.5 km from Bisha;
Finalized its arrangement with the State owned Eritrean National Mining Company (ENAMCO) for the purchase by ENAMCO of a 30% paid participating interest in the Bisha Mine, resulting in a gain of $242 million;
Completed a 16,000 metre drill program on the Bisha main deposit that includes a drill hole containing 88 meters of 11.8% zinc and 0.8% copper; and
Continued the copper phase plant expansion, expending $24 million on terracing, other civils works and completing detailed design work.
2012 Outlook

The Company expects to achieve the following in 2012:

Gold production between 190,000 - 210,000 ounces;
Issue an updated resource and reserve statement in late Q2 / early Q3 that will include: Harena deposit, Bisha hanging wall copper zone, and Bisha zinc sub-pit mineralization;
Receive a mining license for and mine the oxide portion of the Harena deposit;
Complete a 5,000 metre drill program on the Northwest Zone deposit, which sits on the Bisha mining license, and prepare a resource estimate for the deposit in late 2012; and
Continue with the $100 million copper phase expansion with a target of mid-2013 production.
Conference call details

The Company will hold a conference call on Thursday, March 22 at 8AM Vancouver / 11AM Toronto, New York / 4PM London, to discuss the quarterly results. Dial in details are as follows:

North America: 416-340-8527 / 1-877-240-9772
UK: 800-2787-2090 (toll free)
Other International: [phone]

[ooy]

Sinkende Produktion Nevsun Resources meldet für das vierte Quartal 2012 einen Gewinnrückgang von 12%


Autor: Björn Junker
| 22.03.2012, 12:25 | 28 Aufrufe | 0 |

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Der kanadische Goldproduzent Nevsun Resources (WKN 901340), der die Bisha-Goldmine in Eritrea betreibt, erzielte im letzten Quartal 2011 einen Nettogewinn nach Steuern von 78,3 Mio. Dollar. Das liegt um rund 12% unter dem Gewinn des dritten Quartals 2011 und ist auf einen niedrigeren Ausstoß und gesunkene Preise zurückzuführen.

Das Unternehmen produzierte von Oktober bis Ende Dezember 2011 101.000 Unzen Gold nach 110.000 Unzen im Septemberquartal. Das sei das Resultat niedrigerer, abgebauter Gehalte und einer gesunkenen Gewinnungsrate. Insgesamt erreichte die Bisha-Mine im vergangenen Jahr eine Produktion von 379.000 Unzen, nachdem sie im Februar 2011 die kommerzielle Produktion aufgenommen hatte.

Im Februar dieses Jahres senkte das Unternehmen seine Produktionsprognose für 2012 um die Hälfte, da man Teile der Ressource der Bisha-Mine falsch eingeschätzt hatte. Diese niedrigere Prognose von 190.000 bis 210.000 Unzen Gold im Jahr 2012 bestätigte das Unternehmen aber nun.

Die Nevsun-Aktie hat stark unter der Senkung des Produktionsziels für 2012 gelitten und seit Anfang Februar knapp die Hälfte ihres Werts eingebüßt. Nevsun meldete für 2011 insgesamt einen Nachsteuergewinn von 250 Mio. Dollar sowie liquide Mittel von 347 Mio. Dollar zu Ende Dezember. Der Umsatz des vergangenen Jahres belief sich auf 548 Mio. Dollar.

Das Unternehmen erklärte zudem, dass man die Expansion in die Kupferproduktionsphase auf der Bisha-Mine, die 100 Mio. Dollar kosten wird, fortsetzen werde. Die Kupferproduktion auf der Mine soll Mitte 2013 beginnen.

Die hier angebotenen Artikel stellen keine Kauf- bzw. Verkaufsempfehlungen dar, weder explizit noch implizit sind sie als Zusicherung etwaiger Kursentwicklungen zu verstehen. Die GOLDINVEST Media GmbH und ihre Autoren schließen jede Haftung diesbezüglich aus. Die Artikel und Berichte dienen ausschließlich der Information der Leser und stellen keine wie immer geartete Handlungsaufforderung dar. Zwischen der GOLDINVEST Media GmbH und den Lesern dieser Artikel entsteht keinerlei Vertrags- und/oder Beratungsverhältnis, da sich unsere Artikel lediglich auf das jeweilige Unternehmen, nicht aber auf die Anlageentscheidung, beziehen. Wir weisen darauf hin, dass Partner, Autoren und Mitarbeiter der GOLDINVEST Media GmbH Aktien der jeweils angesprochenen Unternehmen halten oder halten können und somit ein möglicher Interessenkonflikt besteht. Wir können nicht ausschließen, dass andere Börsenbriefe, Medien oder Research-Firmen die von uns empfohlenen Werte im gleichen Zeitraum besprechen. Daher kann es in diesem Zeitraum zur symmetrischen Informations- und Meinungsgenerierung kommen.

[ooy]

Bewertung ist jetzt unterirdisch und einen Einstieg wert, ist nur meine bescheidene Meinung...

[Lukass84]

hab heute nochmal nachgelegt... risiko hin oder her... mit 300 mille cash aufm buckel kann man sich auch woanders projekte sichern.

[ooy]

Antwort auf Beitrag Nr.: 42.941.445 von Lukass84 am 22.03.12 15:06:06

Bin heute auch eingestiegen...

[Minenfee]

Antwort auf Beitrag Nr.: 42.941.502 von ooy am 22.03.12 15:15:41

Hy Nevsun Freunde !

Nachdem ich ja schon lange Nevsun Aktien halte,habe ich heute in CAD zu 3,28 nachgelegt.

Die Aktie hat durch die Ankündigung der halbierten Produktion in 2012 stark gelitten,war sicherlich keine Meisterleistung des MM aber trotzdem sind die Zahlen nicht schlecht.
Der Gewinn 2011 bei einen Goldpreis von US$ 1620 betrug 250 Mill. bei halbierter Produktion dürfte er immer noch 125 Mill. betragen und das zu 347 Mill. Cash.
Damit erscheint mir die Aktie sehr günstig bewertet und zahlt außerdem schon eine Dividende.

Ich hoffe wir haben einen guten Kauf getätigt.

Gruß Minenfee

[ooy]

Antwort auf Beitrag Nr.: 42.942.153 von Minenfee am 22.03.12 16:44:11

Ja, wenn man ein wenig Zeit mitbringt, sollte sich das lohnen...

[boersehp]

wann gibts da dividende und wieviel weisst Du das spontan minenfee

[Minenfee]

Antwort auf Beitrag Nr.: 42.942.380 von boersehp am 22.03.12 17:19:12

Letzte Halbjahresdivi. $ 0,05 1/2012

Gruß Minenfee

[boersehp]

besten Dank

[ooy]

Antwort auf Beitrag Nr.: 42.942.463 von Minenfee am 22.03.12 17:33:56

Waeren ja immerhin 3%...

[Lukass84]

ich wollt noch was zum Länderrisiko sagen. so wie ich das sehe, versucht man in eritrea wirklich mal etwas moderner zu werden und lässt ausländische Investoren rein. Das Land versucht sich wirtschaftlich stabiler aufzustellen. Wenn ich dagegen Mali mit dem Militärputsch usw sehe, denke ich, dass es noch schlechtere Länder zum investieren gibt.

http://www.minenportal.de/artikel.php?sid=19777

[ooy]

13% plus, schoen...

[herrspecht03]

http://www.nevsun.com/news/2012/april11/

# Mined 358,000 tonnes of ore at 4.07 g/t gold
# Produced 82,000 ounces of gold

Damit wurde ja schon mehr als ein Drittel der Gesamtjahresprognose erfüllt! Ich denke auch weiterhin, dass Nevsun Anfang Februar tiefgestapelt hat.

[denbert]

hier grad ein artikel über Nevsun gekommen


NSU Nevsun auf der Goldenen Spitze
Autor: Stephan Bogner

Wie die Bohrergebnisse bereits andeuten, antizipieren wir einen signifikanten Anstieg der Reserven und der Minenlebenszeit, die aktuell schon bei mehr als 12 Jahren steht.

http://www.wallstreet-online.de/nachricht/4904477-nsu-nevsun…

[greedy73]

Hallo@all,

der Chart gleicht dem anderer Miner. Jetzt zu investieren wäre töricht und unklug. Solange sich keine Gegenbewegung im Gesamtmarkt abzeichnet, bleib ich an der Seitenlinie. Dies generell. Vom Kurs nicht blenden lassen. Das Wort Schnäppchen ist abgelutscht wie n Drops.

Mir drängt sich die Frage auf, ob bei einer ungefähren Halbierung der Produ weiterhin mit Cashkosten von $295/oz gerechnet werden kann.
Gibt's Meinungen dazu?

Liebe Grüße,
greedy

[herrspecht03]

Das kam eben grad rein:

First quarter 2012 highlights
• Revenue: $149.4 million
• Net income attributable to Nevsun shareholders: $41.2 million, $0.21 per share
• Ounces of gold produced: 82,000
• Cash costs: $277 per ounce of gold
• Average realized price: $1,712 per ounce
• Paid $0.05 dividend per share on January 16, 2012

Sieht auf den ersten Blick sehr gut aus!

[ooy]

Antwort auf Beitrag Nr.: 43.141.775 von herrspecht03 am 09.05.12 15:54:26

Naja, dann solltest du aber die Warnung nicht unterschlagen:

"Nevsun cautions that the competency of the ore in this interface zone is poor and requires sophisticated stockpile blending to facilitate successful processing and recovery of the precious metals. In addition, the combination of both a clay like and sandy composition of the acid material leads to challenging daily ore control sampling, making it difficult to predict grades. The associated gold grade is highly variable and includes both very high and low grades."

[herrspecht03]

da hast du recht. ich bezog mich aber auch mehr auf die genannten zahlen...

[sir_krisowaritschko]

die cashkosten sind falsch ausgewiesen. da fehlt die 1 vor den 277$!!!
es sind 1.277 dollar. dann kommt man auch auf die 41 millionen netto einnahmen.

[Fex82]

Antwort auf Beitrag Nr.: 43.144.237 von sir_krisowaritschko am 09.05.12 23:08:18

Glaub ich eher nicht. In den letzten Quartalen lagen die cash costs laut Grafik auf der Homapagestartseite zwischen 264 $ bis 314 $. Da wird sich im Q1 nicht eine 1 davorgesellt haben.

[Fex82]

Antwort auf Beitrag Nr.: 43.144.237 von sir_krisowaritschko am 09.05.12 23:08:18

Hast vermutlich die Steuern und den Anteil des Staats Eritrea (an der Bisha Mine) vergessen.

[sir_krisowaritschko]

oh kann auch sein. mein fehler!

[dosto]

Fie Gold-Cash-Kosten kann man langsam so oder so vergessen.

Nevsun ist im Umbruch.
Die Goldbugs sollen den Titel nun verlassen.

Den Rest kann man dann mit Kupfer-Könnern hier abhandeln.

Also Goldies: go away. times are changing.

[keyar]

Q 2 Production Report liegt auf der Homepage !
- sieht auf den ersten Blick recht gut aus...

LG
Keyar

[Global-Player83]

Die wird sich der Aktienkurs entwickeln wenn Nevsun vom Gold zum Kupferproduzenten wird?

Wir es noch annährend so hohe Umsätze/ Gewinne geben?

Zahlen in Q2 waren in der Tat nochmal sehr gut:

http://www.be24.at/blog/entry/676295/hohe-goldgehalte-besche…

[herrspecht03]

Kann sich jemand erklären, weshalb der Kurs in den letzten Wochen schon wieder so stark gefalen sind? Von Unternehmensseite gab es ja eigentlich nichts, was das rechtfertigen könnte...

[keyar]

heute neu auf der homepage:

- resource Update
- Bestätigung der '12 er Forecasts

sieht m.E. sehr gut aus !

LG
Keyar

[Minenfee]

Goldproduktionsziel auf bis zu 300.000 Unzen angehoben
Nevsun Resources macht im zweiten Quartal 12% mehr Gewinn
Autor: Björn Junker| 08.08.2012, 15:02 |

Das klingt doch wieder besser !!

[Lukass84]

98000 unzen im 3. quartal. super!

[TheQueenIsDead]

die zahlen sind raus. Gewinn geht leider zurück

das kanadische Kürzel ist irgendwie unglücklich #NSU

[Lukass84]

die zahlen von allen minern sind am boden. die kosten steigen schneller als die edelmetallpreise

[Lukass84]

2012 HIGHLIGHTS

Produced 313,000 ounces of gold in 2012, exceeding the top end of guidance
Gold production forecast extended to the end of Q2 2013
Copper expansion managed on schedule and budget for mid-2013 commissioning
Continued peer leading semi-annual dividend of $0.05 per share
Increased resource and reserve estimates from 2011/2012 drilling
Obtained the Harena deposit mining license and commenced mining
Strong exploration drill results extended drilling program at Northwest Zone
Acquired the Mogoraib exploration license including the Hambok historical resources

Q4 2012 HIGHLIGHTS

Produced 46,000 ounces of gold in Q4 2012
Processed 447,000 tonnes of ore at 3.85 g/t gold
Overall metallurgical recoveries at 84% of contained gold

[ichweiss]

Putschversuch in Eritrea

http://www.faz.net/aktuell/politik/ausland/ministerium-in-as…

[Joggua]

Die Eritreische Regierung wird wahrscheinlich 2013 fallen. Dann drohen Nevsun Klagen von Zwangsarbeitern in den Mienen von Eritrea. Nix wie raus solange der Wert nicht ganz unten ist.

[Joggua]

neuste Entwicklung in Eritrea bezüglich Nevsun http://www.miningweekly.com/article/rights-group-to-detail-a…

habs geahnt.

[combatiente]

Nevsun shareprice pounded - index tracking likely to blame

Shares in the junior miner fell sharply on Monday, a drop analysts ascribe to changes in index- tracking funds.

Posted: Monday , 11 Mar 2013

HALIFAX, NS (MINEWEB) -

It was a nasty day of trading for Nevsun Resources. In fact it was a rare thing; opening 10 percent down, on fervent volume over 3 million shares by around mid-afternoon but without an iota of clearly attributable news to account for the shareprice bruising..

Link: http://www.mineweb.com/mineweb/content/en/mineweb-junior-min…

[Videomart]

Nevsun hatte (wie auch andere) am Freitag das höchste Handelsaufkommen seit 3 Jahren!!

http://bigcharts.marketwatch.com/quickchart/quickchart.asp?s…

http://www.barchart.com/stocks/tsxvl.php

Hat jeman eine Idee, warum?!?

[Onkel Dagobert]

Nevsun macht nun einen hauptrangig auf Kupfer, sprich die Index-Gold-Fonds stoßen ihre teile ab.

[Videomart]

Antwort auf Beitrag Nr.: 44.265.676 von Onkel Dagobert am 18.03.13 10:56:53

Quelle???

Das hohe Handelsaufkommen am Freitag betraf alle Goldproduzenten,
daher kann diese Antwort nicht stimmen...

Hier ist was fundamental anderes im Gange...

[Global-Player83]

Dagobert hat recht, hier ist ein großer Fond ausgestiegen.

[boersehp]

Gibt's hier irgendetwas neues?

[tntxrxwelle]

Antwort auf Beitrag Nr.: 44.838.229 von boersehp am 12.06.13 22:10:48

http://www.juniorminingnetwork.com/junior-miner-news/news-re…

So wie ich das verstehe, wird Q2 mäßigst und Q3 gruselig.
Das Goldkonzentrat aus dem Pyritsand wird (später) zur Veredlung dem Kupferkonzentrat beigemischt..."The current plan is to use this PM concentrate for future blending into the copper concentrate over the subsequent 6 to 12 months...", wobei die Kupferproduktion im September beginnen soll.

[Global-Player83]

Nevsun 3,26 $ (-5,8%)

aber vlt lags auch hieran...

" Change in gold index

The company has been advised that after close of trading on June 21, 2013, Nevsun will be removed from NYSE Arca Gold Miners Index because Nevsun's revenue will be switching to majority copper from majority gold during 2013. Nevsun has been advised that the Van Eck Gold Miners ETF is required to sell its position in Nevsun since the ETF tracks the index. During March of this year a similar event occurred when Nevsun was deleted from the Van Eck's proprietary Market Vectors Junior Gold Miners index, at which time the company experienced very significant trading volumes and was essentially price neutral."

http://www.stockwatch.com/News/Item.aspx?bid=Z-C:NSU-2080599

[CowNChicken]

Also mehr ein Kupferproduzent.. Trotzdem betroffen von dem Preisverfall der Rohstoffe. Für welchen Preis sind sie denn in der Lage, Kupfer zu produzieren?

[CowNChicken]

Sagt mal, es gibt doch eigentlich kaum triftige Gründe, warum Kupfer während der Rohstoffbaise derart in Mitleidenschaft geraten sollte!? Kupfer wird doch eher in elektrischen Geräten (hauptsächlich Kabel) verbaut. Natürlich werden beim Bau der chinesischen Immobilien auch Kabel verbaut, aber kann das nicht vernachlässigt werden?

[keyar]

Q 2 Report steht in der HP !

( es holpert etwas bei der Umstellung von Au auf Cu )

LG
keyar

[Global-Player83]

und die cash costs schnellen in die höhe

[videomart2]

Nevsun: Productive Mining In A Difficult Environment

Aug 22 2013, 10:42
http://seekingalpha.com/article/1651072-nevsun-productive-mi…

[videomart2]

Nevsun Misses Zack’s Earnings Estimates

Posted on 24 August 2013
by Zacks Equity Research
http://www.tesfanews.net/nevsun-misses-zacks-earnings-estima…

[videomart2]

!

Dieser Beitrag wurde vom System automatisch gesperrt. Bei Fragen wenden Sie sich bitte an [e-mail]

[videomart2]

Eritrea’s Minerals: A Blessing or Curse?

By Jenny Vaughan on 10:21 am August 25, 2013.
Category Business, International, World
Tags: Eritrea, Minerals
http://www.thejakartaglobe.com/business/eritreas-minerals-a-…

[keyar]

Q 3 - Operating Results stehen auf der HP !
- scheint alles planmäßig zu verlaufen
( nur der Kurs nicht )

LG
keyar

[boersehp]

der kommt jetzt langsam ins Rollen......

[boersehp]

Und noch nen bissel ältere News :
http://finance.yahoo.com/news/nevsun-announces-first-ocean-s…

und vom 21.10 etwas zu Bohrergebnissen:

http://finance.yahoo.com/news/nevsun-announces-further-drill…

[keyar]

Q 3 financials stehen auf der HP.

Der Umbau von Gold auf Kupfer scheint planmäßig zu verlaufen.
KE droht nicht. Alles durchfinanziert.
Vielleicht wird die Dividendenzahlung sogar in der Umbauphase fortgeführt ?

Nur der Kurs mach keine Freude.

LG
Keyar

[keyar]

Antwort auf Beitrag Nr.: 45.799.426 von keyar am 09.11.13 18:14:12

soeben: Nevsun declares semi-annual cash dividend of US$0.07
The dividend is payable on January 15, 2014


Nur der Kurs mach keine Freude.

LG
keyar

[keyar]

Nevsun Will Declare Commercial Production Within Six Weeks by The Investment Doctor
This article was published at 11:11am ET on 20 November 2013.

Quelle : Seeking Alpha

LG
keyar

[boersehp]

Antwort auf Beitrag Nr.: 45.880.586 von keyar am 20.11.13 17:33:57

hier mal der Link

http://seekingalpha.com/article/1852051-nevsun-will-declare-…

[tpnl]

Allen Schreibern dieses Threads herzlichen Dank für die sehr informativen Beiträge in den letzten Monaten. Sie haben mir sehr geholfen, mich hier einzulesen. Bin nun seit gestern auch dabei.
Nevsun hat nach meiner Einschätzung ebenso wie der Kupferpreis einen Boden gebildet und wichtige Unterstützunglinien von unten durchbrochen. Die Quartalsdividende kommt in ein-zwei Wochen und Bohrergebnisse bzw. eine Resourcenerweiterung sind für Anfang 2014 ebenfalls vorgesehen.
Ich erwarte einen relativ schnellen Anstieg des Aktienkurses um etwa 20%.

[boersehp]

und schon wieder ordentlich Nachrichten:

http://finance.yahoo.com/news/nevsun-achieves-top-end-2013-1…

[keyar]

Antwort auf Beitrag Nr.: 46.195.305 von boersehp am 09.01.14 19:24:09

diesmal sind die Quartalszahlen schwer einzuschätzen
( jedenfalls für mich )
wegen der Umstellung von Gold auf Kupfer.

Da müssen wir wohl auf die Financials, die am 13.März kommen,
warten.

LG
Keyar

p.s.: für diese Woche ist, meine ich, die Halbjahres-Dividende angekündigt ?

[Global-Player83]

0,07 dollar

ausschüttung erfolgt am 15 januar

[boersehp]

Antwort auf Beitrag Nr.: 46.216.795 von Global-Player83 am 13.01.14 11:26:15

Naja ich geh mal davon aus, dass das nur der Anfang ist und Sie nun auch wieder regelmäßig zahlen....

[tpnl]

News:

Nevsun Appoints New Executive
Nevsun Resources Ltd. (TSX: NSU / NYSE MKT: NSU) ("Nevsun") is very pleased to announce it has hired Tom Whelan as its Chief Financial Officer.
CEO Cliff Davis commented: "We are particularly happy that we have attracted such a high calibre individual. Tom provides additional depth to our management team and provides capacity for future growth."
Tom Whelan comes from the international accounting firm Ernst & Young LLP where he was the EY Global Mining & Metals Assurance sector leader, the leader of the EY assurance practice in Vancouver and previously the EY Canadian Mining & Metals Sector Leader. Tom has a long tradition of working with some of Canada's largest mining companies as well as in-bound global mining companies with operations in Canada. He is a very experienced executive with extensive public company experience and several years in the mining industry. Tom will be commencing employment in mid-February.
We welcome Tom to the Nevsun team.


Sie stellen ihn für das zukünftige Wachstum ein. Deutet dies bereits auf ein geplante Übernahme hin?

[tpnl]

News:

January 29, 2014
Nevsun 2014 Outlook and Production Guidance
2014 OBJECTIVES
• Maintain industry leading safety performance at Bisha operations
• Execute on social and environmental commitments
• Produce 180 to 200 million pounds of copper
• Achieve C1 cash costs in industry lowest quartile
• Publish increased resource and reaffirm reserve estimate
• Execute regional exploration program
• Push forward with zinc expansion
• Continue paying peer leading dividends, now quarterly
Vancouver, BC - Nevsun Resources Ltd. (TSX: NSU / NYSE MKT: NSU) today announces its 2014 outlook for planned copper production from the Bisha Mine in Eritrea. The Bisha Mine, operated by Nevsun's sixty percent owned subsidiary Bisha Mining Share Company (BMSC) is one of the highest grade open pit base metal deposits in the world and has a mine life in excess of 11 years.
Cliff Davis, Nevsun's CEO commented, "Following our successful transition to copper production in 2013, Nevsun looks forward to strong free cash flow and earnings from Bisha in 2014. For growth, we will continue to expand Bisha resources through generative exploration programs in 2014 and to actively evaluate potential acquisition opportunities."
Corporate Social Responsibility
Nevsun expects that BMSC will maintain top quartile safety performance at its Bisha operations and work towards maintaining lost time injury rates that are less than North American mining industry average. Nevsun expects that BMSC will continue to enhance corporate social responsibility program initiatives to reflect evolving international standards.
Copper Production Guidance
BMSC plans to produce between 180 and 200 million pounds of copper in concentrate in 2014 through processing of approximately 2,100,000 tonnes of ore from Bisha Main pit averaging about 4.6 percent copper feed grade. With such high grade ore, the C1 cash cost of producing a tonne of concentrate will be in the lowest quartile worldwide. Based on the mine plan, the copper will be contained in approximately 280,000 tonnes of concentrate, at approximately 30 percent copper grade. Continued plant optimisation and increased transport logistical efficiency will remain top priorities.
Stockpiled Materials
In addition to the above copper production, the Company has considerable additional value held in stockpiles to be monetized. This includes 6,500 tonnes of precious metals concentrate containing about 7,000 ounces of gold with high silver content that it intends to blend with its regular copper concentrate so as to heighten the value of the combined product. The Company has also mined and stockpiled over 100,000 tonnes of oxide ore at over 6 g/t Au containing over 20,000 ounces of gold, and 200,000 tonnes of pyrite sand ore that contains approximately 55,000 ounces of gold with significant silver content. The Company is exploring alternative methods and timing to best monetize these stockpiles.
Resource and Reserve Update
As a result of its successful exploration program in the past year, in mid February the Company plans to announce revised estimates for mineral resources and reserves. Reserves and resources will be on the Bisha and Harena mining licenses and resources will also include the Northwest and the Hambok deposits. The estimates will include results from the extensive 2013 drilling campaign, as announced during the past number of months.
Exploration Plans
Nevsun intends to expand its exploration effort over the coming year with active drilling occurring in and around the Bisha Mine, on the Harena Mine License and on the Mogoraib River Exploration License. Numerous untested geophysical targets remain on these properties and both the Bisha and Harena deposits have not been fully defined by historical drilling. Several new targets will be evaluated on the Mogoraib License and in addition to efforts to expand the existing historical resource at Hambok, high potential targets along the Hambok trend and other new areas will be also be tested.
Zinc Expansion Project
BMSC will advance its zinc expansion project through 2014, with a target start-up in Q4 2015. As of the date of this news release, the EPCM contractor has been appointed, initial commitments for long-lead item civil works have been made and detailed design has commenced. Capital cost for the zinc project will be more closely estimated during H1 2014.
Dividends
Effective March 31, 2014, the Company will increase the frequency of dividends so as to pay quarterly instead of semi-annually. The current $0.14 annualized dividend is expected to be paid at $0.035 per share each quarter, for holders of record on the last trading day of each quarter, payable on or about the 15th day of the following month.

[tpnl]

Artikel im Miningweekly:

http://www.miningweekly.com/article/nevsuns-2014-outlook-fir…

[videomart2]

Nevsun Resources at Subscriber and PDAC Investment and Mining Summit

By Editorial Team, capitaleritrea news, February 12, 2014

http://www.capitaleritrea.com/nevsun-resources-at-subscriber…

[tpnl]

News:

February 18, 2014
Nevsun Increases Indicated Resource Tonnes by 29% and Contained Copper by 22%
Highlights
• Bisha tenements indicated resources of contained copper increases by 22% to 1.4 billion pounds
• Bisha tenements indicated resources of contained zinc increases to 3.2 billion pounds
• Bisha pit supergene contained copper increases 1% in probable reserve, even after 2013 depletion
• All deposits remain open to further resource expansion
Vancouver, BC - Nevsun Resources Ltd. (TSX: NSU / NYSE MKT: NSU) ("Nevsun" or the "Company") is pleased to announce the maiden open pit mineral resource estimates for the Hambok and Northwest Zone deposits and the updated mineral reserve estimates for the Bisha Main and Harena open pit mines. Hambok and the Northwest Zone are satellite deposits to the Bisha Main pit and, in addition to Harena, are expected to provide additional feed to the Bisha mill, extending mine life.
The total indicated mineral resource estimate of the combined Bisha Mining Share Company ("BMSC") property tenements has increased 29% from the previous total indicated mineral resource estimate of May 31, 2012, by an additional 9.3 million combined oxide gold, supergene copper and primary copper-zinc zone tonnes. This results in an additional 247 million pounds of in-situ copper for a 22 percent increase in contained copper and an additional 47 million pounds of in-situ zinc for a 1 percent increase in contained zinc. Tables 1.1 to 1.5 contain the complete mineral resource estimates for each deposit.
Using a Net Smelter Return (NSR) cut-off of US$39.55 per tonne at $2.90 and $0.92 per pound copper and zinc respectively, the updated Bisha Main pit probable mineral reserve estimate consists of supergene copper ore of 7.4 million tonnes grading at 3.57 % copper, 0.61 g/t gold and 27 g/t silver and primary copper-zinc ore of 18.4 million tonnes grading at 1.02 % copper, 5.66 % zinc, 0.68 g/t gold and 46 g/t silver. See Table 2.1 to 2.3 for details.
Cliff Davis, Nevsun CEO commented, "Despite mining depletion and cost inflation since our last reserve report in mid-2012, Bisha base metal mine life is 11 years, demonstrating the robust nature of the high grade Bisha Main ore body."
The maiden open pit Hambok indicated mineral resource estimate includes 6.9 million tonnes grading at 1.14% copper and 1.86% zinc for 172 million pounds copper and 281 million pounds zinc. The maiden open pit Northwest Zone indicated mineral resource estimate includes 1.0 million tonnes of supergene material grading 1.47% copper and 2.5 million tonnes of primary material grading at 1.04% copper and 1.08% zinc for a combined 92 million pounds copper and 60 million pounds zinc. See Tables 1.4 and 1.5 for details.
CEO Cliff Davis further commented, "The addition of new resources at Hambok and the Northwest Zone is an exciting first step to expanding the resource base at Bisha. All four Bisha deposits are open with extensions that we have yet to define. We also look forward to further exploration success and unlocking the potential in the Bisha VMS camp."
The associated NI 43-101 Technical Report further detailing and supporting the Mineral Resources and Mineral Reserves highlighted below in this release will be filed on SEDAR no later than 45 days from today's date.
To view the tables associated with this press release, please follow this link.
Qualified Persons Statement
All mineral resources and mineral reserves estimates in this report have been prepared by the Qualified Persons described below in accordance with Canadian National Instrument 43-101 - Standards of Disclosure for Mineral Projects and the Canadian Institute of Mining, Metallurgy and Petroleum's Classification System (CIM Definition Standards for Mineral Resources and Mineral Reserves 2010).
The information in this press release that relates to mineral resources was prepared by Paul Gribble, C. Eng., FIMMM, Chief Resource Geologist of BMSC. The information in this report that relates to mineral reserves was prepared by Jay Melnyk P. Eng. of AGP Mining Consultants Inc. The information relating to mineral processing was prepared by Peter Munro BAppSc., of Mineralurgy Pty. Ltd. Mr. Gribble, Melnyk and Munro are Qualified Persons as defined by NI 43-101 and have reviewed and approved the technical contents of this press release.
Peter Manojlovic, P.Geo., and Frazer Bourchier, P.Eng., are Nevsun's designated Qualified Persons and have reviewed and approved the contents of this press release.
A Quality Assurance/Quality Control programme was part of the sampling programme for the Bisha work. Certified reference material (standards), duplicates and blank samples are systematically inserted into the flow of drill samples and results analysed on a batch by batch basis. This programme includes a chain of custody whereby diamond drill core samples are initially crushed and subsampled at the Bisha Mine sample preparation facility and pulverised and analysed by ALS Chemex in Vancouver. Multi-element analysis is completed using ICP-AES methods; gold is analysed by fire assay with AAS finish. Reverse circulation drill samples are processed at the Bisha Mine on site laboratory, which is a member of the SGS group. Multi-element analysis is completed using AA methods with gold also analysed by fire assay.
Cautionary Notes to Investors - Reserve and Resource Estimates
In accordance with applicable Canadian securities regulatory requirements, all mineral reserve and mineral resource estimates of the Company disclosed or incorporated by reference in this news release have been prepared in accordance with Canadian National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101"), classified in accordance with Canadian Institute of Mining Metallurgy and Petroleum's "CIM Standards on Mineral Resources and Reserves Definitions and Guidelines" (the "CIM Guidelines"). The definitions of mineral reserves and mineral resources are set out in our disclosure of our mineral reserve and mineral resource estimates in our Annual Information Form.
The Company uses the terms "mineral resources", "measured mineral resources", "indicated mineral resources" and "inferred mineral resources". While those terms are recognized by Canadian securities regulatory authorities, they are not recognized by the United States Securities and Exchange Commission (the "SEC") and the SEC does not permit U.S. companies to disclose resources in their filings with the SEC.
Pursuant to the CIM Guidelines, mineral resources have a higher degree of uncertainty than mineral reserves as to their existence as well as their economic and legal feasibility. Inferred mineral resources, when compared with measured or indicated mineral resources, have the least certainty as to their existence, and it cannot be assumed that all or any part of an inferred mineral resource will be upgraded to an indicated or measured mineral resource as a result of continued exploration. Pursuant to NI 43-101, inferred mineral resources may not form the basis of any economic analysis, including any feasibility study. Accordingly, readers are cautioned not to assume that all or any part of a mineral resource exists, will ever be converted into a mineral reserve, or is or will ever be economically or legally mineable or recovered.

[tpnl]

Für mich waren das gestern super News:
Das Minenleben dürfte sich deutlich erhöhen. Vor allem, wenn man bedenkt, dass das Deposit nach allen Seiten offen ist. Ich schätze mal 14 bis 15 Jahre mit den aktuellen Resourcen - 20 Jahre könnten es aber durchaus auch werden, wenn weiter exploriert wird.
Das rückt die Frage in den Vordergrund, was mit dem vorhandenen Cash passiert. Noch lassen sich Explorer günstig aufkaufen. Ich erwarte im nächsten halben Jahr Ergebnisse. Nutzen sie ihren Bekanntheitsgrad in Afrika oder wählen sie einen anderen Kontinent, um geopolitische Risiken zu minimieren? Es wird spannend!
Und der Chart unserer Kurses sieht mustergültig aus: Langsam aber stetig gen Norden...

[Global-Player83]

ist gibt ja noch den einen oder anderen goldexplorer den nevsun übernehmen könnte in eritrea ...

[tpnl]

Ein Neuer Artikel im MiningWeekly:

http://www.miningweekly.com/article/nevsun-lifts-eritrea-res…

[tpnl]

Nevsun Announces 2013 Financial Results Release Date
Vancouver, BC - Nevsun Resources Ltd. (TSX: NSU / NYSE MKT: NSU) plans to release its 2013 financial results on Wednesday, March 12, 2014, after close of trading, with a conference call to follow on Thursday, March 13, 2014, at 8AM Vancouver / 11AM Toronto, New York / 3PM London.

Stichtag für die nächste Dividendenzahlung (3,5 Cent) ist übrigens der 31. März.

[tpnl]

Copper Slumps Again on Worries Over China's Economy


By
Arpan Mukherjee
March 10, 2014 12:42 a.m. ET

Copper slumped sharply for a second day Monday because of worries that China, the world's biggest buyer, will slow imports of the metal as the economy slows and signs of financial stress flare up.

Copper for May delivery fell 2.6% to trade at $6,602 a metric ton, taking losses over the past two days to 5%, and the slide this year to 8.8%.

The latest trigger was an industry report Monday showing China's manufacturing sector activity fell to a seven-month low, potentially damping demand for the metal used in everything from household plumbing to smartphones. The market was first spooked Friday when a small solar company defaulted on its debt, marking the country's first ever corporate default.

Adding to the worries are concerns that many Chinese companies that have been struggling to raise cash have instead turned to a risky type of funding which involves importing copper and using it as collateral for bank loans. If the price of copper falls then borrowers will be forced to dump the metal to help cover losses, adding more selling pressure to the market.

"The copper plunge is tied to the growing use of the commodity as financing collateral in China—there are fears there that, with many asset valuations marked to copper prices, a continued sell-off could bankrupt those holding too much copper on their balance sheets," Scott Schuberg, chief executive officer at Rivkin Securities Pty Ltd., said in a report.

China accounts for 40% of the world's global consumption for copper. Already high level of copper imports in the first two months of the year has raised worries about a supply overhang.

China's copper and copper product imports rose 27.5% on the year in February to 380,000 tons, but were down 29% on the month, data over the weekend showed.

Copper financing activity too has put a "cloud" over the total supply overhang at the moment, Australia & New Zealand Banking Group ANZ.AU -0.83% said in a report.

"The credit default news (of Chaori) is negative for the market," which has been plagued by tight credit supply, said Li Yusheng, senior analyst at Beijing Antaike, who estimates that copper supplies in China are 600,000-700,000 tons more than the demand.

However, imports could still hover above the levels seen in the first six months of 2013 in the next month or two, as Chinese buyers likely booked more term imports this year and financing demand is still alive, just weaker, Sijin Cheng, an analyst with Barclays BARC.LN -1.95% said. She expects copper prices to be under pressure in the short term.

Q:wsj.com

Der Anfang einer anhaltenden Bewegung (würde dem langjährigen Monatschart entsprechen) oder der Sturm im Wasserglas. Ich bleibe an der Seitenlinie und warte auf meinen Einstandswert.

[tpnl]

Jahresergebnisse:

March 12, 2014
Nevsun Announces Annual 2013 Financial Results
Full year 2013 highlights
• Exceeded 15 million hours without a lost time injury
• Completed the copper expansion project on-time and under budget
• Achieved commercial production of copper plant
• Produced 48 million pounds of copper in concentrate against guidance of 30 to 50 million pounds
• Produced 92,000 ounces of gold in doré plus 20,000 equivalent ounces in precious metals concentrate
• Revenues of $155.7 million, with average realized gold price per ounce of $1,471
• Net income of $29.3 million
• Increased annualized dividend by 40% to $0.14 per share
• Maintained strong balance sheet with approximately $420 million in working capital
Vancouver, BC - Nevsun Resources Ltd. (TSX:NSU / NYSE MKT:NSU) (Nevsun or the Company) is pleased to report its financial and operating results for the year ended December 31, 2013. Unless otherwise noted, with the exception of earnings per share and realized price per ounce and per pound figures, all financial results are in thousands of US dollars.
"2013 represented a transitional year with the wind-down of gold phase operations and completion of construction of the copper plant and then successfully bringing the copper operation to commercial production in December," stated Cliff Davis, President and CEO of Nevsun. "From a cash perspective, we started the year with almost $400 million, invested approximately $86 million and returned $24 million to shareholders. Despite these expenditures and despite spending several months bringing the copper plant to commercial production, the Company maintained a strong balance sheet, ending the year with almost $420 million in working capital and no debt.
"In 2014 the Bisha Mine expects to be in the bottom quartile of low-cost copper producers and to produce between 180 and 200 million pounds of copper. We have continued an aggressive generative exploration program on the highly prospective Bisha property and neighbouring Mogoraib River license and we are continuing to actively evaluate potential merger and acquisition opportunities."
To view the Operations Review table, please follow this link.
Mined ore tonnage of 1,992,000 for 2013 was up 25% from the 1,591,000 ore tonnes mined in 2012. While waste movement of 9,038,000 tonnes was up from the 8,677,000 moved in 2012, the Company did not achieve its waste mining target. The shortfall in waste movement is not expected to affect 2014 copper ore production.
Commercial production was declared for the copper plant on December 1, 2013. During 2013 the Company produced 48.0 million pounds of copper in concentrate and sold 30.6 million pounds of copper in concentrate. Pre-commercial production sales were offset against the capitalized pre-commercial production costs. Decreased gold production in 2013 of 92,000 ounces resulted from the wind-down of the gold plant through the first half of the year and its subsequent decommissioning. The results are not comparable to 2012, which saw 313,000 ounces produced with a full twelve months of commercial gold operations.
To view the Financial Review table, please follow this link.
The Company's revenues for 2013 of $155,698 (2012 - $566,039) are comprised of revenues on gold sales of $142,241 (2012 - $535,945) and revenues on by-product silver sales of $13,457 (2012 - $30,094). Gold revenues included sales of 96,700 ounces of gold (2012 - 320,700 ounces) at an average realized price of $1,471 per ounce (2012 - $1,671 per ounce). These average realized prices per ounce of gold sold compare to the average market price per ounce (London PM Fix) of $1,411 for 2013 and $1,669 for 2012. Included in revenues are silver by-product revenues for 2013 from sales of 507,935 ounces of silver (2012 - 962,000 ounces) at an average realized price of $24.63 per ounce (2012 - $31.28 per ounce).
The Company's cash and cash equivalents at December 31, 2013, were $302,724, down from $396,404 as at December 31, 2012; working capital as at December 31, 2013, and 2012, was approximately $420,000 and $398,000, respectively.
Conference call details
The Company will hold a conference call on Thursday, March 13, 2014, at 8:00AM Vancouver / 11:00AM Toronto, New York / 3:00 PM London, to discuss the annual results. Please call in at least five minutes prior to the conference call start time to ensure prompt access to the conference. Dial in details are as follows:
North America: 1 888-390-0546 / [phone] / [phone]
UK: 0203 376 0238 (toll free)
Other International: [phone] / [phone]
The conference call will be available for replay until March 20, 2014, by calling 1 888-390-0541 / [phone] and entering passcode 135353.

[tpnl]

Nevsun auf seekingalpha:

http://seekingalpha.com/article/2086453-nevsun-resources-has…

[tpnl]

News:

Nevsun Releases 2013 Corporate Social Responsibility Report
Highlights of the Report
• Safety record: Excellent - zero lost time injuries in the year
• Community: Well engaged and maximizing local opportunities for employment
• Environment: Land use, biodiversity studies, water & waste management, mine closure planning
• Employees: Human rights assessment, fair treatment, benefits, training & localization
• Government related remittances: $129 million in 2013 and $548 million since Bisha went into production in 2011
Vancouver, BC - Nevsun Resources Ltd. (TSX: NSU / NYSE MKT: NSU) (Nevsun or the Company) is pleased to announce the release of its 2013 Corporate Social Responsibility (CSR) Report.

To view the report, please visit http://go.pardot.com/e/38242/responsibility-reporting-/rpp/1…

“Our CSR Report highlights our evolving environmental and social performance governance programs at the Bisha Mine that are aimed at reinforcing our commitment to making a collaborative, positive impact in Eritrea. Active stakeholder engagement involved an extensive materiality exercise during the year that played a key role in prioritizing CSR topics and issues to monitor and improve upon. Our desire to maintain a long-term social license and to operate a premier mining operation requires a strong commitment to dialogue and transparency with all of our stakeholders,” stated Cliff Davis, CEO of Nevsun.

The Global Reporting Initiative (GRI) Sustainability Reporting Guidelines were used in the preparation of this Report and is in accordance with the ‘Core’ criteria option of the fourth generation (G4) Framework.

[keyar]

gestern sehr gute Q 1 Zahlen gemeldet.
Heute auf Seeking Alpha der Conf Call nebst Q&A - auch sehr interessant.

Die Reaktion des Kurses kann ich jedoch nicht nachvollziehen (?)
Sieht jemand einen Pferdefuß ?

LG
keyar

[IllePille]

ein möglicher Grund:

Operating income margins are higher than can be expected in future uarters as there was $5,696 of other revenues on sales of high-grade precious metals ore that are not expected to repeat. We also do not anticipate our current by-product revenues to remain at the same level as Q1 2014 as the grade of gold and silver is expected to decrease during the rest of 2014.

Quelle: Q1-Report MANAGEMENT’S DISCUSSION & ANALYSIS, S.3

Auch ist die Rede von möglichen Schwierigkeiten im Bereich der LKW-Transporte.

[boersehp]

ich denke das das Hauptproblem im Moment der Kupferpreis ist....
Einfach noch nen paar Aktien günstig hinlegen.....

[keyar]

Antwort auf Beitrag Nr.: 46.943.910 von IllePille am 08.05.14 12:58:40

Im Q&A Teil wird ausführlich auf diese Themen eingegangen.
Ich hab mir' s grad nochmal durchgelesen und finde nichts, was mich beunruhigen würde.
Insbesondere angesichts der in den letzten Wochen wieder anziehenden Kupferpreise
bin ich zuversichtlich, dass auch in Q 2 wieder ein sehr gutes Ergebnis präsentiert werden wird.

Warten wir's ab...
LG
Keyar

[IllePille]

beunruhigend ist da sicher nichts; war ohnehin nur ein ErklärungsVERSUCH

Bzgl Kuper darf man mit Blick auf die Entwicklung der Lagerbestände durchaus positiv sein:





die Aktie bleibt fundamental, jedenfalls beim aktuellen Kupferpreis, sehr attraktiv

[urpferdchen]

Zimtu - Capital - Chart von gesten Schlußkurs - es werden immer noch die 100er Päckchen gesammelt.
Ich habe mir die ersten Stücke ins Depot -
Über 3,75 $ ist es über dem fallenden Trend - bei 3,60 $ die Unterstützung

[urpferdchen]

Heute ist Newsun res. über die 3,70 Can$ ausgebrochen -

[teresas]

Antwort auf Beitrag Nr.: 47.126.706 von urpferdchen am 09.06.14 17:56:41

Alle Linien dicht beisammen und schwupp - drüber.
Bollinger bremsen noch ein bisschen.

[boersehp]

heut gibts mal wieder ein paar Explorationserfolge:

HIGHLIGHTS
• High grade intersections at Aderat include:
• Hole MX-011: 1.38% Cu, 7.82% Zn, 1.12 g/t Au, 25.6 g/t Ag over 10.25 meters
• Hole MX-012: 1.13% Cu, 11.15% Zn, 0.52 g/t Au, 18.8 g/t Ag over 9.00 meters
• Associated geophysical anomaly over a 500 meter strike length
• Zone only tested to a shallow depth with limited holes
• Grade increasing with depth on the discovery section
• Additional drilling and geophysical surveys ongoing in 2014

leider krieg ich den den Link gerade nicht gepostet weil der woEditor nicht funktioniert. also komplette Nachricht gibts unter yahoo nsu.to

[IllePille]

Antwort auf Beitrag Nr.: 47.165.140 von boersehp am 17.06.14 18:00:09

http://web.tmxmoney.com/article.php?newsid=68444722&qm_symbo…

[boersehp]

Das Quartalsergebnis ist draußen:
http://finance.yahoo.com/news/nevsun-accelerates-production-…

Sehr ordentliches Ergebnis: Produktion weiter gesteigert, 54mio$ earnings in diesem Quartal und im Cash und cashequivalent nun knapp 360Mio$.
Gute Nacht

[urpferdchen]

neue Meldung - Borergebnisse von heute

http://www.minenportal.de/unternehmen_nachrichten.php?mid=26…
-----------------------
eldete gestern die Ergebnisse der Explorationsarbeiten, die das Unternehmen bislang bei seiner Bergbaulizenz Harena durchgeführt hat. Diese befindet sich etwa zehn Kilometer südlich der Bisha-Mine und der zugehörigen Verarbeitungsanlage.

Die Bohrungen lieferten dabei unter anderem nachstehende hochgradige Abschnitte. Weitere Bohrungen sind ebenso wie geophysische Studien derzeit im Gange.

• HX-004: 2,30% Kupfer, 0,91% Zink, 1,30 g/t Gold und 42,9 g/t Silber über 10,45 m
• HX-005: 1,77% Kupfer, 3,99% Zink, 1,22 g/t Gold und 77,9 g/t Silber über 18,50 m
• HX-006: 1,28% Kupfer, 3,71% Zink, 0,56 g/t Gold und 41,7 g/t Silber über 17,70 m
• HX-006: 0,38% Kupfer, 0,21% Zink, 7,64 g/t Gold und 140,1 g/t Silber über 8,00 m


© Redaktion MinenPortal.de

Redaktion, 19.08.14 - 9:01 Uhr

[buscadero]

Antwort auf Beitrag Nr.: 47.552.566 von urpferdchen am 19.08.14 11:10:23

Globe says Semafo, others show good value and growth

2014-08-14 06:58 ET - In the News

See In the News (C-SMF) Semafo Inc

The Globe and Mail attempts to identify Canadian stocks with better-than-industry value and growth characteristics in its Thursday, Aug. 14, edition. The Globe's Craig McGee writes in the Number Cruncher column that he looked for stocks with the best combination of the following metrics: Industry-relative forward price to earnings; industry-relative price to book; industry-relative reinvestment rate (operating earnings less dividends as a percentage of shareholders' equity); industry-relative quarterly earnings momentum (the rate of change of earnings over the past four quarters versus one quarter ago); industry-relative revision of the consensus EPS estimate over the past three months; and industry-relative earnings surprise and price momentum. Over the 12 months ended July 31, this strategy generated a total return of 38.9 per cent versus 26.5 per cent for the S&P/TSX Composite Total Return Index. Following this strategy back from 1985 would have generated an annualized total return of 15.9 per cent while the index came in at 8.7 per cent. Mr. McGee's recommended picks are Open Text, Nevsun Resources, Rio Alto Mining, Lake Shore Gold, Semafo and WestJet Airlines.

www.stockwatch.com

[Popeye82]

Antwort auf Beitrag Nr.: 47.165.442 von IllePille am 17.06.14 18:46:28

ich möchte zu Nevsun Resources nur mal 1, 2 Überlegungen anführen.

Wahrscheinlich ist Deren Bisha Mine wirklich schon eines der besten vergleichbaren Projekte.
waaas ich aber glaube, was Ihr oder man auf dem Schirm haben, oder zumindest damit rechnen, muss -ist dass sie Ihren, inzwischen, angehäuften Cashbestand "einsetzen" werden, für Übernahme(n).
ich vermute, aufgrund der Äusserungen zum weiteren Explorationspotenzial in der Umgebung dass das nicht unbedingt notwendig sein müsste, aber, wie Ihr ja wahrscheinlich wisst, besteht hierzulande und, ich würde mal sagen, (vor allem) 'vielen Überseeländern' ein teilweise sehr verschiedenes Verständnis von Chance/Risikopotenzialen.
Mir scheint es schon sehr wahrscheinlich dass sie in den nächsten Monaten bis 2 Jahren in dieser Richtung aktiv werden.
Würde nicht die Hand dafür ins Feuer legen, aber an der Aussage kann man mich gern messen.
in dem Sinne würde ich vor allem mal sagen wollen -ich würde bei nevsun Resources Bewertungsüberlegungen nicht, zuuu sehr, vom angesammelten Cashbestand abhängig machen.

Gruß
P.

[boersehp]

Hier mal wieder ein paar gute Bohrergebnisse:
http://finance.yahoo.com/news/nevsun-announces-additional-po…

[boersehp]

Und ein Link, das unsere kleine Nevsun Interesse an den chilenischen Kupfervorkommen von AngloAmerican hat.
http://finance.yahoo.com/news/glencore-mick-davis-among-suit…

Aber wir sind nicht die Einzigen....

The assets, which together could fetch up to $1 billion according to two banking sources, have also attracted the interest of private equity firm Warburg Pincus and mining companies Lundin and Nevsun Resources, the sources added.

[boersehp]

Ohoh gestern wollten wir noch kaufen, jetzt sollen wir vom Quatarfund gekauft werden. Bleibt zu hoffen, das die 4,8 Dollar mal der Anfang sind.....meine schöne Nevsun... Schnief.

[boersehp]

Ohoh gestern wollten wir noch kaufen, jetzt sollen wir vom Quatarfund gekauft werden. Bleibt zu hoffen, das die 4,8 Dollar mal der Anfang sind.....meine schöne Nevsun... Schnief.

Hier noch der Link:
http://www.bloomberg.com/news/2014-11-20/qatar-backed-qkr-sa…

Achja aktuell Trading halt.....

[Popeye82]

das sind schwere Vorwürfe, die soweit ich mich erinnere aber nicht ganz neu sind

Nevsun Resources faces lawsuit over forced labour in Eritrea mine - MT - Nov 21, 2014
www.mining-technology.com/news/newsnevsun-resources-faces-la…

"Canada-based mining company Nevsun Resources has been sued by three previous employees at the British Columbia Supreme Court for alleged slave labour at its Bisha gold, copper and zinc mine in western Eritrea.


The civil lawsuit claimed that the company was complicit in forced labour, slavery, torture and crimes against humanity.

The plaintiffs stated that they, along with other workers, had been made to carry out construction work at the mine against their will and with little pay.

Bisha mine is majority owned (60%) and operated by Bisha Mining Share Company (BMSC), which is a subsidiary of Nevsun. The Eritrean Government hold the remaining 40% of the property.

The three complainants, Gize Yebeyo, Kesete Tekle Fshazion and Mihretab Yemane Tekle, are now residing in Canada as refugees.

They told Business Vancouver: "The mine was built using forced labour, a form of slavery, obtained from the plaintiffs and others coercively and under threat of torture by the Eritrean Government and its contracting arms."

Co-counsel for the plaintiffs Dimitri Lascaris said: "In my view, the mere act of doing business with a government that is as reprehensible as Eritrea's is morally repugnant.

"No ethical corporation would seek to profit from a relationship with such a repressive regime."

Another co-counsel for the plantiff, Joe Fiorante, QC said: "However, they are determined to ensure that the company that profits from this mine pays for the human costs involved in building it." "

[ooy]

Print



Nevsun Resources Accused of Using 'Slave Labor' at Eritrea Mine

Nevsun Resources (TSX:NSU,NYSEMKT:NSU) got the market’s attention on Thursday when its stock jumped on rumors of a billion-dollar acquisition. However, it made headlines again on Friday for all the wrong reasons.

Former workers at Nevsun’s Bisha mine in Eritrea filed a civil claim in British Columbia’s Supreme Court on Thursday alleging that the company facilitated forced labor, “[a] form of slavery,” as well as crimes against humanity and other human rights abuses at the mine.








The plaintiffs, Gize Yebeyo Araya, Kesete Tekle Fshazion and Mihretab Yermane Tekle, are refugees who escaped from Eritrea, according to the statement of civil claim.

Cruel conditions

According to a 2014 World Report on Eritrea from Human Rights Watch, the country is one of the most closed in the world, and arbitrary detentions and severe restrictions on freedom of expression are the norm. Over 305,000 people have fled the country within the past 10 years, the United Nations High Commissioner for Refugees states, and according to the 2014 World Press Freedom Index put out by Reporters Without Borders, Eritrea beat out 179 countries, including North Korea, to come in last place in terms of press freedom.

As is required in the country, Nevsun has partnered with the Eritrean government on Bisha — it owns a 60-percent stake in the mine, while Eritrean National Mining owns the remaining 40 percent.

The statement of civil claim filed Thursday states that Nevsun engaged the Segen and Mereb construction companies, as well as the Eritrean military — all of which use conscripted labor from Eritrea’s indefinite military service program — for the construction of the mine. The three former mine workers were “subjected to cruel, inhuman and degrading treatment as well as harsh working conditions including long hours, malnutrition and forced confinement for little pay.” Conditions included working six days a week, sometimes in extreme heat, while being housed in confined camps when not at work.

Between 2008 and 2012, over 1,000 Eritrean nationals were forced to work at the Bisha mine. The mine workers are seeking damages from Nevsun under domestic British Columbian law and are bringing the action on behalf of other laborers at the mine.

Allegations denied

For its part, Nevsun has denied the allegations, and has said it will vigorously defend itself against the claim. In a statement released Thursday, Nevsun CEO Cliff Davis stated that the mine has “adhered at all times to international standards of governance, workplace conditions, and health and safety,” and that the company is “confident” that the allegations against it are unfounded.

The company also drew attention to an independent human rights impact assessment conducted in 2014, which cites workers and stakeholders as believing that “wages at the Bisha Mine are attractive and higher than those paid in other sectors.”

Still, the statement filed against the company suggests that by entering into a commercial relationship with Eritrea and with contractors who “had been credibly implicated in the use of forced labour,” Nevsun has either expressly or implicitly condoned the practice at Bisha. The company could not be reached for further comment.

The importance of jurisdiction

It’s interesting to note that Nevsun’s share price didn’t suffer as much as one might have expected as a result of the news. After gaining 13 percent on the TSX on Thursday’s rumors of an acquisition by mining fund QKR, shares of the company lost just a penny on Friday to finish at $4.71, and Nevsun actually gained $0.03 on its NYSEMKT listing.

Still, the allegations will remind investors to consider jurisdictional risks when investing in mining companies. Market watchers will no doubt be keeping an eye on the case as the situation unfolds.

[tpnl]

It’s interesting to note that Nevsun’s share price didn’t suffer as much as one might have expected as a result of the news. After gaining 13 percent on the TSX on Thursday’s rumors of an acquisition by mining fund QKR, shares of the company lost just a penny on Friday

Still, the allegations will remind investors to consider jurisdictional risks when investing in mining companies.

Auch ich war hier mal investiert. Es ist ein Schande! Ich habe vermutlich Geld mit Sklavenarbeit verdient. Aber ich wusste es nicht. Hätte ich es wissen können oder müssen, bei besserer Recherche.
Solange diese Vorwürfe nicht aus der Welt sind, werde ich nie wieder in Nevsun investieren und ich würde mir wünschen, Investierte würden verkaufen und genauso handeln.
Doch meine Befürchtung ist, "Geld kennt keine Moral"...

[Popeye82]

Antwort auf Beitrag Nr.: 48.381.347 von Popeye82 am 21.11.14 15:11:30

das war denke ich erstmal relativ zwangsläufig

Nevsun denies Bisha human rights allegations in lawsuit - MW/CMR, JOHANNESBURG - Nov 21, 2014
www.miningweekly.com/article/nevsun-denies-bisha-human-right…

"A lawsuit has been filed against Vancouver-based mining company Nevsun Resources in the British Columbia Supreme Court by three individuals who claim to have once worked with a local subcontractor at the Bisha mine, in Eritrea, on the Horn of Africa.


The TSX-listed company said on Friday that the lawsuit made human rights allegations against Nevsun and its local subcontractor, which the company denied and would “vigorously defend itself against”.

Nevsun CEO Cliff Davis said: "We are confident that the allegations are unfounded. Based on various company-led and third-party audits, the Bisha mine has adhered at all times to international standards of governance, workplace conditions and health and safety.

“We are committed to ensuring that the Bisha mine is managed in a safe and responsible manner that respects the interests of the local communities, workers, national governance, stakeholders and the natural environment."

Nevsun said it strived to ensure that the company's presence had a positive social and economic impact, noting that with spin-off effects, the Bisha mine had created meaningful employment for thousands of Eritreans.

The company highlighted its commitment to corporate social responsibility (CSR) detailed in its 2013 CSR report, as well as an independent human rights impact assessment commissioned earlier this year. "

[Popeye82]

Antwort auf Beitrag Nr.: 48.381.347 von Popeye82 am 21.11.14 15:11:30

UK legislators call for an end to forced labour in Eritrea mines, According to the legislators, international mining companies —mainly from Australia, Canada +the U.K— are using the forced labour of Eritreans in their operations
www.mining.com/uk-legislators-call-for-an-end-to-forced-labo…

"

- Mounting documentation of human rights violations in Eritrea highlights why roughly 5% of its population has fled the country in the past decade. -


Forty one members of the British Parliament have signed an early day motion that seeks to eliminate “slavery-like” working conditions in Eritrea’s mines, which they say it the main cause for over 5,000 people fleeing the country every month.


According to the legislators, international mining companies —mainly from Australia, Canada and the U.K— are using the forced labour of Eritreans for work in their operations under conditions best described as “abject slavery.”

Last month Canadian miner Nevsun Resources (TSX:NSU) became the latest target of a human-rights violations lawsuit. This one that claims the Vancouver-based company’s Bisha copper and gold mine was built using “forced” labourers who faced the threat of torture by the Eritrean government. The company denied the allegations.

The MPs, reports The Guardian, have also asked Eritrean authorities to allow Sheila Keetharuth, the UN’s special rapporteur on human rights in the African nation to assess claims of widespread rights violations. She has not been allowed to enter Eritrea since her appointment in 2012.

Human rights conditions in Eritrea are “dismal” with indefinite military service, torture, arbitrary detention and restrictions on freedom of expression driving a refugee exodus, Human Rights Watch said in its World Report 2014.

Forced labour, slavery, torture, cruel or degrading treatment and crimes against humanity are prohibited under international law, and such provisions are also incorporated into Canadian law.

Cecilia Jamasmie, news editor at MINING.com, has over 15 years of experience in print media, TV, online media and public relations. She specializes in Corporate Social Responsibility (CSR) and the Latin American market. Cecilia has been interviewed by BBC News and CBC among others. She has also been syndicated by Forbes, Seeking Alpha and BIV. She holds a Master of Journalism (MJ) from the University of British Columbia, Canada, and she is currently based in Halifax, Nova Scotia. "

[Popeye82]

Ethiopian fighter jets attack Nevsun’s Bisha gold mine, in East Africa - MT - Mar 23, 2015
www.mining-technology.com/news/newsethiopian-fighter-jets-at…

"Ethiopian fighter jets have attacked Nevsun Resources' Bisha gold mine in Eritrea, East Africa, according to reports from Sudanese newspaper Al-Sahafa.

Although the company has not confirmed the attack, it said that it faced 'an act of vandalism' that caused minor damage to the base of the tailings thickener at the mine, which resulted in water being released into the plant area.

Repair and clean-up works following the incident were minor and have been incorporated into the plant's re-start plan.

"It faced 'an act of vandalism' that caused minor damage to the base of the tailings thickener at the mine."

Nevsun Resources has since implemented additional safeguards to ensure the safety and security of its site and personnel, while the Eritrean and mine security forces undertake an investigation.

Bisha gold mine is a large, high-grade volcanogenic massive sulphide deposit located 150km west of Asmara, Eritrea. It is mined using conventional drill and blast open pit mining techniques to remove waste and deliver ore to the run-of-mine stockpile.

The mine, which is supported by the Government of Eritrea, has high-grade base metal reserves and good local road and port infrastructure.

In addition, Nevsun said that equipment supplier Thyssen-Krupp has completed replacement of the ball mill gear box bearings, as well as the re-installation of the gearbox.

Bisha was constructed on-time and under budget from 2008 to 2010. It produced low-cost gold-silver doré until mid-2013. "

[boersehp]

Ganz schöne Spannweite zwischen Fighterjetangriff und Vandalismus.......
Auf jedenfall wird's da immer heißer. Hoffen wir mal, das das Cash woanders liegt.

[Global-Player83]

Super Bohrergebnisse:

http://www.nevsun.com/news/2015/april28/

[Global-Player83]

Q1-15 Zahlen sind da:

http://www.nevsun.com/news/2015/april30/

[rolleg]

Seeking Alpha
Why Is It The Right Time To Buy Nevsun Resources
http://seekingalpha.com/article/3154586-why-is-it-the-right-…

[ooy]

Nevsun Provides Update on Human Rights






VANCOUVER, June 17, 2015 /CNW/ - Nevsun Resources Ltd. (TSX: NSU) (NYSE MKT: NSU) (Nevsun or the Company) is pleased to provide an update on its human rights record in response to recent media speculation.

Human rights record highlights
•Nevsun commissioned an independent human rights impact assessment (HRIA) in 2013
•HRIA carried out by reputable international human rights lawyer
•Assessment was completed with cooperation of the State of Eritrea
•Stakeholder engagement included over 150 local residents and a wide range of other external stakeholders
•Published in April 2014 the HRIA report, which recommendations are being adopted at Bisha
•Follow-up independent audit underway in 2015

The independent HRIA which was completed in April 2014 can be found on the Company's website. In addition, the Company will shortly receive the results of a follow-up audit on its human rights programs at the Bisha Mine. This report will also be posted on the Company's website. The Company and its partner ENAMCO are committed to transparency and their ongoing commitments with respect to human rights.

Cliff Davis, CEO of Nevsun commented, "A recent United Nations Commission report included some sensational and unbelievable human rights allegations with respect to the Bisha Mine, which allegations were made without visiting either the mine or the country. Despite attempts by Nevsun to engage with the Commission, it chose not to engage with the Company to verify any basic facts or allegations or to report on the Company's independent human rights assessment. This brings into serious question the methodology, process and collation of information in their report. Nevsun remains firmly committed to compliance with Eritrean national law and the continuation of international standards and practices with respect to human rights. We also remain committed to dialogue with the Commission, other UN agencies and stakeholder groups."

[rolleg]

Nevsun Discovers New Massive Sulphide Deposit at Bisha

HIGHLIGHTS

- New greenfield volcanogenic massive sulphide discovery at Asheli
- High grade massive sulphide intersections include:
-- MX-052: 2.29% Cu, 4.50% Zn, 0.45 g/t Au, 37 g/t Ag over 22.9 m
Including 3.67% Cu, 8.04% Zn, 0.68 g/t Au, 50 g/t Ag over 7.4 m and 7.92% Cu, 3.89% Zn, 1.14 g/t Au, 101 g/t Ag over 2.9 m
-- MX-056: 1.26% Cu, 6.08% Zn, 0.28 g/t Au, 26 g/t Ag over 20.9 m including 1.71% Cu, 8.51% Zn, 0.37 g/t Au, 35 g/t Ag over 10.9 m
- Deposit is associated with highly altered felsic volcanics and is open to expansion
- Numerous untested geophysical targets along 4 km of similar stratigraphy
http://www.nevsun.com/news/2015/june18/

[rolleg]

How Should You Interpret Nevsun's Most Recent Exploration Success?
Jun. 22, 2015 9:32 AM ET | About: Nevsun Resources Ltd. (NSU)
http://seekingalpha.com/article/3274285-how-should-you-inter…

[ooy]

Ganz schoen abgeschmiert, Hauptgruende dafuer??

[keyar]

Antwort auf Beitrag Nr.: 51.134.751 von ooy am 20.11.15 05:25:11

Rohstoffpreise !
schau dir mal die Peers an...

LG
keyar

[ooy]

Antwort auf Beitrag Nr.: 51.135.369 von keyar am 20.11.15 08:46:05

Schon klar, aber es juckt jetzt schon, oder?

[videomart2]

Eritrea looks to build mining sector to kick-start economy

Fri Feb 26, 2016 4:46am EST | By Edmund Blair

http://www.reuters.com/article/us-eritrea-mining-idUSKCN0VZ1…

[Argentus]

Gerüchte Küche! Informationsleck oder Hack???

Nevsun Resources Merger mit Reservoir Minerals

https://ceo.ca/

http://www.stockhouse.com/companies/bullboard/v.rmc/reservoi…

Bin mal gespannt ob da was dran ist. Morgen wird es spannend.

[Szween]

Soll wohl so werden

http://www.nevsun.com/news/2016/april24/

[Popeye82]

www.mining-technology.com/news/newsnevsun-completes-zinc-flo…

[Schnuerschuh]

Antwort auf Beitrag Nr.: 52.570.127 von Popeye82 am 08.06.16 16:21:28

Die Übernahme scheint wohl abgeschlossen zu sein. Nevsun hat sich mit diesem Move geografisch diversifiziert. Ich erhoffe mir durch diese Übernahme einiges an positivem Impuls auf den Kurs.

Gruß
Schnuerschuh

[Der_Aktienfuchs]

Bin mal rein zu 3,80 CAD (umgerechnet 2,64 EUR)

Die Dividendenrendite von aktuell rund 4,2% jährlich, der günstige Kurs, und die stimmige Übernahme haben mich überzeugt.

[Schnuerschuh]

Antwort auf Beitrag Nr.: 52.772.779 von Der_Aktienfuchs am 06.07.16 08:37:30

Dann wollen wir mal hoffen, das nicht zuviel Investorkapital abfließt.

Gruß
Schnuerschuh

[Der_Aktienfuchs]

Antwort auf Beitrag Nr.: 52.797.673 von Schnuerschuh am 09.07.16 09:23:04

Servus,

erst schreibst du:

.."Ich erhoffe mir durch diese Übernahme einiges an positivem Impuls auf den Kurs."

und 4 Tage später:

..."Dann wollen wir mal hoffen, das nicht zuviel Investorkapital abfließt."

Erklär mal

Für mich hört sich das so an wie: "Es kann steigen oder fallen".

Schönen Sonntag noch

[Schnuerschuh]

Antwort auf Beitrag Nr.: 52.802.242 von Der_Aktienfuchs am 10.07.16 15:48:17

Dachte nur, dass wenn Sie den S&P verlaasen, dann werden bestimmt einige Fonds und Investoren die den S&P abbilden aussteigen.

Ist ne Vermutung wegen der letzten News.

Gruß
Schnuerschuh

[Schnuerschuh]

Antwort auf Beitrag Nr.: 52.803.394 von Schnuerschuh am 10.07.16 21:44:12

Bisher hat sich meine Befürchtung nicht bewahrheitet. Top !

Gruß
Schnuerschuh

[Totti_78]

http://www.stockwatch.com/News/Item.aspx?bid=Z-C:NSU-2388556

2016-07-08 18:52 ET - Miscellaneous

S&P Dow Jones Indices Canadian index operations have made index changes as a result of the quarterly S&P/TSX Composite Shareholder Yield and the S&P/TSX Composite Buyback indices reviews. These changes will be effective at the open on Monday, July 18, 2016.

S&P/TSX COMPOSITE SHAREHOLDER YIELD INDEX, JULY, 2016,
QUARTERLY INDEX REVIEW, DELETION

Symbol Issue name Cusip

NSU Nevsun Resources Ltd. 64156L 10 1

[Totti_78]

Momentan noch seitwärts... Indikatoren neutral.
Evtl. kommt heute etwas Volumen rein.

[senna7]

heute zu 3,83 meine 1.Position aufgebaut

[Totti_78]

Antwort auf Beitrag Nr.: 52.910.323 von senna7 am 25.07.16 17:34:27

Willkommen bei Nevsun

[Totti_78]

Antwort auf Beitrag Nr.: 52.910.323 von senna7 am 25.07.16 17:34:27

Erwarte hier aber bitte keine Riesensprünge als K92 oder Golden Arrow.

Nevsun ist etwas behäbig... im Moment zumindest

Sehe Nevsun also optimale Depot - Beimischung inkl. Dividende. Musste mit Nevsun etwas Stabilität reinbringen.

[senna7]

na ja um ehrlich zu sein wohl meine " lahmste Ente " aber die fallen dann auch nicht so kräftig wenn es mal runtergeht

[senna7]

ist ja auch ein DIVI Wert ....

[Totti_78]

Alle Indikatoren neutral.

Kurzfrister Aufwärtstrend intakt. Mittelfristig läuft sie schön ins Dreieck.

Gestern gab es hier ein Crosstrade zu 4,5MIO Stücken, was zum 2.höchsten Umsatz im letzten halben Jahr geführt hat.

[Totti_78]

Nevsun Increases Bisha's Exploration License Area Nearly Twenty-Fold

http://www.newswire.ca/news-releases/nevsun-increases-bishas…

VANCOUVER, July 26, 2016 /CNW/ - Nevsun Resources Ltd. (TSX:NSU) (NYSE MKT:NSU) (the "Company" or "Nevsun") announces that its 60%-owned subsidiary Bisha Mining Share Company ("BMSC") will be increasing its total land package of exploration licenses to 814 square kilometers, up 1,891% from 41 square kilometers in Eritrea's Bisha Volcanogenic Massive Sulfide (VMS) District.

The increased exploration license area consists of two highly prospective land packages (see map attached):

184 square kilometers surrounding the existing BMSC mining licenses ("Tabakin Exploration License"), providing continuous coverage for 15 kilometers over the Bisha mine favourable stratigraphy; and
630 square kilometers in the vicinity of the Bisha mine over highly prospective geology, combining new and previously relinquished property and the current Mogoraib River exploration license that hosts the Hambok, Asheli and Aderat deposits ("New Mogoraib Exploration License").

[senna7]

bis jetzt freu ich mich mit meinen 3,83 er Einstieg

[Totti_78]

Antwort auf Beitrag Nr.: 52.928.881 von senna7 am 27.07.16 16:46:31

Glückwunsch!

So langsam sollte die letzte Übernahme verdaut sein.

Der Kurs hat, auch wenn er langsam steigen wird sehr viel Potential.

Wir sollten vom neuen Europaprojekt auch bald was hören. Man war ja ganz wild drauf

Totti

[Totti_78]

Timok Project Video

http://www.nevsun.com/projects/timok-project/gallery/

[Totti_78]

Nevsun Exceeds H1 2016 Production Guidance and Beats Cash Cost Guidance

http://www.nevsun.com/news/2016/july28/

[Totti_78]

Dem Markt gefallen die Zahlen

Nevsun hat viel Nachholbedarf... Die Übernahme von Reservoir Minerals sollte nun wirklich verdaut sein!

[senna7]

man ist ja fast 1 Dollar zurückgekommen (siehe Chart oben )

und nun bei steigenden Goldpreis holt die Aktie nun wieder auf .... schön ....

[Totti_78]

Antwort auf Beitrag Nr.: 52.947.220 von senna7 am 29.07.16 15:48:49

Sehe gerade, Nevsun hat das Dreieck nach oben verlassen.

Gültigkeit bekommt es wenn wir auf diesem aktuellen Niveau heute Abend schließen!

Chart Update folgt am Montag!

Totti

[Totti_78]

Frage

Kann mir jemand bitte sagen, was noch für Projekte durch die Übernahme von Reservoir Minerals übernommen wurden?

Danke

[Totti_78]

Dafür das in den letzten Tagen und Wochen kaum Bewegung drin war, spielt die Musik aber sehr ordentlich heute!

Top! Weiter so!

[Schnuerschuh]

Antwort auf Beitrag Nr.: 52.947.922 von Totti_78 am 29.07.16 17:06:38

Ist schön anzusehen

Gruß
Schnuerschuh

[Schnuerschuh]

Dann schauen wir mal wieviel nachholbedarf NSU noch hat.

Hätte gar nicht gedacht das solche Upmoves bei Nevsun überhaupt möglich sind

Gruß
Schnuerschuh

[Totti_78]

Daily Chart:

Schöner Ausbruch aus dem Dreieck!

[Totti_78]

Weekly Chart:

Da ist noch Luft

[goldmerry]

Hallo, ich hab diese Aktie heute gekauft, mal sehen wo die Reise hingeht. Ich wurde auf die Aktie aufmerksam über ein Börsenabonnement mit Rohstoffwerten. Der Kauf solcher Aktien derzeit kann sich mittel- bis langfristig ausbezahlen meiner Meinung nach. Good luck

[Totti_78]

Nevsun Resources: Bullish View Confirmed

http://seekingalpha.com/article/3995068-nevsun-resources-bul…

Summary

Nevsun Resources saw its stock price fall after it announced the Reservoir Minerals acquisition but since its recent earnings its equity has recovered.

Nevsun Resources zinc project has recently gotten started up and is expected to provide almost $100 million in increased revenue annually.

I recommend investors invest in Nevsun Resources at its present equity prices.


Bei 100Mio zusätzlich im Jahr durch Zink wären dies je Aktie zusätzlich 0,32$ !

Totti

[Schnuerschuh]

Ich bin mal gespannt wann und wie es hier weiter geht.

Meinetwegen kann die eingeschlagene Richtung vom Freitag weiterverfolgt werden.

Gruß
Schnuerschuh

[Der_Aktienfuchs]

Antwort auf Beitrag Nr.: 52.983.919 von goldmerry am 03.08.16 19:54:56

Zitat von goldmerry: Hallo, ich hab diese Aktie heute gekauft, mal sehen wo die Reise hingeht. Ich wurde auf die Aktie aufmerksam über ein Börsenabonnement mit Rohstoffwerten. Der Kauf solcher Aktien derzeit kann sich mittel- bis langfristig ausbezahlen meiner Meinung nach. Good luck

Hallo goldmerry!
Kannst du mir den Namen des Börsenbriefs verraten?
Danke

[German2]

hat jemand einen Pklan wie das mit den Aktien statt Dividende funktionieren soll? An wen muss man sich wenden um sich bei der Aktion anzumelden oder gibt es Post vom Direktbroker?

[weber38]

Antwort auf Beitrag Nr.: 53.199.666 von Der_Aktienfuchs am 03.09.16 14:56:27

http://www.stockreport.de/

teuer aber gut.

[weber38]

Zitat...

Goldminenaktien bis 30.09 bei Schwäche kaufen.....

[senna7]

http://seekingalpha.com/article/4008083-nevsun-resources-con…

[rolleg]

Nevsun Resources: I Was Not Expecting This
http://seekingalpha.com/article/4012779-nevsun-resources-exp…

[freddy1989]

Hier eine Presentation von Nevsun auf dem Denver Goldforum 20 Minuten Video

http://www.denvergoldforum.org/dgf16/company-webcast/NSU:CN/

[rolleg]

Nevsun Generates Earnings and Cash Flow in Q3

Third quarter 2016 highlights

- Continued first quartile safety performance at Bisha
- Shipped the first zinc concentrates produced by the zinc expansion plant at Bisha
- Declared commercial production from the Bisha zinc expansion plant effective October 1
- Advanced the Timok Project pre-feasibility study with commencement of a major drilling program
- Produced 38.6 million pounds of zinc in concentrate
- Sold 23,000 gold equivalent ounces from stockpiles
- Generated earnings per share of $0.01, and $17.5 million in operating income
- Ended period with $217.6 million of cash
- Paid quarterly dividend of $0.04 per share and implemented a dividend reinvestment plan

http://www.nevsun.com/news/2016/october27/

[German2]

Antwort auf Beitrag Nr.: 53.570.256 von rolleg am 27.10.16 23:39:29

sieht gut aus ....

[flying.kangaroo]

Kupfer ausgebrochen? Das sollte Nevsun weiter beflügeln
http://stockcharts.com/h-sc/ui?s=%24COPPER

[Totti_78]

News vom 17.10.

Eine wichtige News von Nevsun ist hier noch nicht gepostet worden. Das Timok Projekt ist dieses Jahr bekanntlich durch Reservoir übernommen worden. Die Kupfergehalte sind wirklich heftig gut! Die Förderkosten werden alleine schon durch das Gold was ebenfalls nicht wenig ist, sehr niedrig sein.

Nevsun Reports 6.4% Copper and 3.2 g/t Gold Over 248 Metres at Timok

http://www.newswire.ca/news-releases/nevsun-reports-64-coppe…

VANCOUVER, Oct. 17, 2016 /CNW/ - Nevsun Resources Ltd. (TSX:NSU) (NYSE MKT:NSU) (Nevsun and its subsidiaries are collectively referred to as "Nevsun" or the "Company") is pleased to announce new assay results from drilling of the Upper Zone at the Company's Timok copper-gold project ("Timok Project") which was part of the 2015 mineral resource up-grade program.

HIGHLIGHTS

Drilling continues to confirm continuity and the high-grade nature of the Upper Zone
New massive and semi-massive sulphide intersections include:
TC150099: 248.0m @ 6.37% Cu, 3.19g/t Au, including 87.0m @ 11.95% Cu, 5.35g/t Au
TC150078: 300.0m @ 5.50% Cu, 3.32g/t Au, including 40.0m @ 18.83% Cu, 10.61g/t Au
TC150105: 220.0m @ 3.12% Cu, 3.83g/t Au, including 42.0m @ 11.11% Cu, 16.70g/t Au
TC150094: 188.0m @ 4.03% Cu, 4.24g/t Au, including 27.0m @ 12.21% Cu, 15.26g/t Au
Vertical holes designed to intersect the high grade upper portion of the mineralization at near perpendicular orientation
Additional 30,000m of drilling in progress to further improve confidence in the resource
Nevsun CEO Cliff Davis commented, "The assays reported today continue to demonstrate the high grade nature of the Timok mineralization. These holes were drilled prior to the Company acquiring its interest in the Timok Project and were recently assayed after the ownership changed. In addition to the 30,000 metres of ongoing drilling, the results from these holes will be included in the model used to generate a new resource for the pre-feasibility study due in September 2017."

TIMOK PROJECT

The Timok Project is located in eastern Serbia near the Bor mining and smelting complex. The Project is focussed on the Cukaru Peki ("Timok") deposit which includes the high grade Upper Zone (characterized by massive and semi-massive sulphide mineralization) and the Lower Zone (characterized by porphyry-style mineralization). The Upper Zone has an extremely high copper and gold content consisting of 1.7 million tonnes of indicated resource grading 13.5% copper and 10.4 g/t gold and 35.0 million tonnes of inferred resource grading 2.9% copper and 1.7 g/t gold.

A Preliminary Economic Assessment ("PEA") on the Upper Zone was completed by the prior owner in March, 2016, without having the assay results in this news release included in the assessment. Using a 1.0% copper cut-off grade, the PEA indicated an after-tax NPV8 of US$1.63 billion and after-tax IRR of 106%, using US$3.00 per pound copper and US$1,200 per ounce gold (refer to the Company's Information Circular dated May 18, 2016 for PEA details).

[Totti_78]

Chart Update

[senna7]

https://ik141.infusionsoft.com/app/linkClick/56820/de17df195…

[boersehp]

Kleine Frage: findet ihr die Marktkapitalisierung im Moment nicht auch etwas zu hoch, bzw. das wahre Potential wird ja erst in 2-4 Jahren gehoben.
Bis dahin muss schließlich auch noch einiges aus dem Cash bezahlt werden.

Außerdem stört mich irgendwie, wenn man 1cent Gewinn macht, 4 Cent als Dividende ausbezahlt werden?

[rolleg]

Nevsun Reports Lower Zone Drill Results at Timok

HIGHLIGHTS

New porphyry copper intersections include:
TC150073 / TC160073B: 686.0m @ 0.89% Cu, 0.16g/t Au from 1,104m;
including 280.0m @ 1.11% Cu, 0.18g/t Au
and 102.0m @ 1.00% Cu, 0.17g/t Au
and 58.0m @ 1.26% Cu, 0.28g/t Au
and 60.0m @ 1.16% Cu, 0.16g/t Au
TC150075: 717.3m @ 0.65% Cu, 0.16g/t Au from 1,502m;
including 214.0m @ 1.00% Cu, 0.24g/t Au
and 24.0m @ 1.00% Cu, 0.30g/t Au
Example historic intersections include:
TC150060: 835.0m @ 0.92% Cu, 0.22g/t Au from 1,258m
TC140054/54A: 705.8 @ 0.91% Cu, 0.26g/t Au from 1,498m
Further drilling ongoing with a target of 67,000m of step-out and infill drilling
Drilling estimated to be completed in late 2017 with a maiden resource to follow
Near vertical holes designed to intersect the porphyry mineralization at 90 to 100% of true width

http://www.nevsun.com/news/2016/november22/

[flying.kangaroo]

Lundin war an dem Timok Projekt interessiert bevor es von Nevsun erworben wurde & hat nach Verkäufen aktuell $2Mrd in der Kasse.

Will Lundin Mining Acquire Nevsun Resources?
http://seekingalpha.com/article/4026682-will-lundin-mining-a…

[rolleg]

Nevsun Reports Upper Zone Drill Results at Timok

Nevsun Resources Ltd. (TSX:NSU) (NYSE MKT:NSU) (“Nevsun” or the “Company”) is pleased to announce new assay results from on-going drilling of the Upper Zone at the Company’s Timok copper-gold project (“Timok Project”).

HIGHLIGHTS

- Drilling continues to confirm continuity and the high-grade nature of the Upper Zone
- New massive and semi-massive sulphide intersections include:
-- TC160121: 182.3m @ 4.17% Cu, 4.80g/t Au, including 40.5m @ 11.61% Cu, 12.9g/t Au
-- TC160119: 86.2m @ 9.47% Cu, 8.83g/t Au, including 46.5m @ 15.61% Cu, 11.29g/t Au
-- TC160117: 98.8m @ 9.82% Cu, 8.86g/t Au, including 33.0m @ 20.04% Cu, 14.35g/t Au
-- TC160114: 171.0m @ 4.94% Cu, 5.21g/t Au, including 10.5m @ 11.09% Cu, 17.82g/t Au and 24.0m @ 10.27% Cu, 6.71g/t Au, and 7.5m @ 7.88% Cu, 3.78g/t Au

- Additional 18,500m of drilling in progress to further improve confidence in the resource

Nevsun CEO, Cliff Davis, commented, “The assays reported today represent about 25% of the planned in-fill drilling designed to confirm and upgrade the resource of the Timok Upper Zone mineralization. The work on our Pre-Feasibility Study is progressing well. Recent meetings with both the Prime Minister of Serbia and the Minister of Mines and Energy have demonstrated the State’s very strong support for international investment and in particular, the development of the Timok Project.”
http://www.nevsun.com/news/2016/december7/

[rolleg]

Nevsun's Copper Grades in Serbia Are "Ridiculous": Analyst Mazumdar

Mining analyst Joe Mazumdar talks to representatives from Nevsun Resources about their copper project in Serbia at the 2017 Roundup Convention in Vancouver, Jan 24, 2016.
https://www.youtube.com/watch?v=nOD92Bgsjc8

[German2]

Antwort auf Beitrag Nr.: 54.175.448 von rolleg am 26.01.17 20:38:45

dranbleiben--Nevsun kommt dieses Jahr noch gewaltig ... die verarbeitungsproleme auf Bisha werden gelöst werden und Timok wird seine Pracht entfalten! ... die gesamte marktkapitalisierung spiegelt eigentl nur die Upper-Zone von Timok wieder ..den Rest gibts gratis dazu

[morimori]

Jahresergebnisse 2016 und das vierte Quartal 2016 am Donnerstag, den 23. Februar 2017


Bei
supergene Kupferführung, die 55.800.000 Pfund bei einem C1 Cash-Kosten von $ 1.03 pro Pfund verkauft verkauft
Erreichte Zink-Führung, die Produktion von 90 Millionen Pfund aus Primärerz
Erreicht Goldführung, monetizing 90.000 Goldäquivalent Unzen aus Lagerbestände

"Nevsun hatte ein starkes Jahr 2016
Fortsetzung zu zahlen Peer führenden Dividenden

erwarte ich nichts schlechtes!

[boersehp]

Antwort auf Beitrag Nr.: 54.257.999 von morimori am 07.02.17 12:04:33

Hmmm vielleicht sagen Sie ja dann auch was zum aktuellen Problem:


The Company as yet has not been able to produce a commercially saleable copper concentrate due to metallurgical challenges when processing the variable primary ore. The by-product revenues from copper, gold and silver in the zinc concentrates have not been material during 2016.

....

[morimori]

Antwort auf Beitrag Nr.: 54.259.064 von boersehp am 07.02.17 13:54:30

Nevsun vervollständigt derzeit ihren jährlichen Prognoseprozess in Bisha, wo die Arbeit an einem robusten geo-metallurgischen Ressourcenmodell und der Kupferflotations-Metallurgie fortgesetzt wird. Das Unternehmen erwartet, dass es 2017 Aussichten und aktualisieren auf die Lösung, um die Herausforderungen in Bezug auf die Kupfer-Flotation Kreislauf Mitte Februar, 2017.

Quelle: http://www.stockwatch.com/News/Item.aspx?bid=Z-C:NSU-2436019

Hilft dir das weiter?

[rolleg]

Nevsun: I'm Disappointed I Didn't Predict This

Summary

- Nevsun recently announced its Q4 and full-year 2016 financial results.

- The big news is the company has slashed its dividend to preserve cash and will re-direct the funds to develop its Timok project.

- Shares plunged on the news. I'm disappointed I didn't predict this event, but I'll explain why this is an opportunity for investors.
http://seekingalpha.com/article/4049816-nevsun-disappointed-…

[rolleg]

Nevsun Reports Further High and Ultra-High-Grade Upper Zone Drill Results at Timok

HIGHLIGHTS

- Drilling continues to confirm continuity and the high-grade nature of the Upper Zone
- New massive and semi-massive sulphide intersections include:
-- 14.58% Cu and 12.9g/t Au over 67.5m, within 6.00% Cu and 3.79g/t Au over 256.3m in TC160130
-- 17.97% Cu and 7.59g/t Au over 46.5m, within 5.93% Cu and 2.20g/t Au over 279.0m in TC160128A
-- 16.94% Cu and 9.44g/t Au over 22.5m, within 5.25% Cu and 4.69g/t Au over 163.5m in TC160133
-- 13.94% Cu and 4.91g/t Au over 20.3m, within 4.96% Cu and 2.01g/t Au over 222.8m in TC160124A
- Final 10,000m of planned pre-feasibility study resource drilling in progress
http://www.nevsun.com/news/2017/february27/

[keyar]

Antwort auf Beitrag Nr.: 54.420.562 von rolleg am 27.02.17 15:02:24

selten so eine Qualität gesehen.
Eigentlich sogar noch nie.

LG
keyar

[boersehp]

Antwort auf Beitrag Nr.: 54.421.459 von keyar am 27.02.17 16:53:26

Ja, eigentlich gut, nur ist Timok 2021.....
Da wiegen wohl kurzfristig die Dividenkürzung und die Kupferausbringung negativ.
Bis zur Feasibility study von Timok werde ich wohl noch abwarten.....

[rolleg]

Nevsun Resources: Investors Overreacted, The Upside Is Huge
http://seekingalpha.com/article/4050262-nevsun-resources-inv…

[trobs]

European Gold Forum April, 2017

Webcast:

http://www.europeangoldforum.org/egf17/company-webcast/NSU:C…

Slides:

http://wsw.com/webcast/egf17/nsu.to/presentationDownload.pdf

[trobs]

Nevsun Adds $1.5 Billion To Its Eritrean Resources, The Market Only Yawns

Summary

Nevsun Resources grew its Eritrean resources notably.

The recent drill results indicate that the resource growth is far from over.

Many additional drill targets were identified by the VTEM survey.

The share price hasn't reacted, as the market focuses on the copper circuit issues only.

Right now, shares of Nevsun are an even better buy than several weeks ago when the share price dipped to $2.32.

...

Conclusion

The share market became irrational when it comes to Nevsun Resources. The copper circuit issues got into the centre of its attention and it seems that it's going to ignore everything else until the problem is resolved. The recent news releases and the subsequent reactions of the share price only confirm this assumption. Nevsun announced a significant resource growth at its Bisha project in Eritrea and it also announced some very positive drill results that indicate that the resources are poised to grow further. Not to mention the high number of newly identified drill targets. Bisha alone seems to be worth much more than the current Nevsun's enterprise value of approximately $600 million. Not to talk about Timok and the other Serbian properties. Over the last couple of weeks, Nevsun Resources became even more undervalued than before. Right now, shares of Nevsun Resources are an even better buy than a month ago, when they dipped to $2.32. Back then, I predicted that Nevsun's share price should easily attack the $10 level by 2022 when the Serbian Timok mine should be up and running. But now, I start to think that the $10 price target might be too conservative.




Nevsun Adds $1.5 Billion To Its Eritrean Resources, The Mark…

[startvestor]

Antwort auf Beitrag Nr.: 54.705.195 von trobs am 09.04.17 12:50:29

Ich schätze auch, dass hier Einstiegskurse vorliegen. Wann werden denn die Produktionsprobleme wohl gelöst sein bzw. könnte es noch eine negative Überraschung geben, die die Kurse in Richtung 2 USD drücken könnte?

[morimori]

Nur eine Resourcenausweitung und nix zum Kupferproblem.

[tntxrxwelle]

Antwort auf Beitrag Nr.: 54.711.534 von startvestor am 10.04.17 18:00:12

Selbst wenn die operativen Probleme in den Griff bekommen werden, ist Nevsun in 2017 ein cashburner. Schwer für einen Kurs dagegen anzusteigen. Bevor nicht die PEA für das andere Projekt rauskommt, wird das wohl nix. Klassischer Fall von "show-me-modus".

[morimori]

its first quarter 2017 financial and operating results on Thursday, April 27, 2017, after close of trading, with a conference call to follow on Friday, April 28, 2017, at 8AM Vancouver

[trobs]

Nevsun Completes Timok Upper Zone Infill Drilling and Provides Project Update

Thu April 20, 2017 7:50 AM|PR Newswire|About: NSU

Highlights

Overall PFS remains on track for September 2017
30,000 metre Timok UZ resource infill drill program completed
Preliminary assay results in line with the current resource
Metallurgical test work well advanced
Condemnation, hydrology and geotechnical drilling nearing completion
Exploration decline permitting underway with construction start expected in Q4 2017
New greenfield exploration program commencing on Timok UZ exploration license

... "Due to our strong cash position and Bisha cash flow, we are embarking on a regional exploration program targeting more high-grade Upper Zone type mineralization. The licence area remains under-explored, even adjacent to the Timok UZ resource, and a new discovery of an additional upper zone would be game changing."

Infill Drilling Program Complete

The infill drilling of the Timok UZ resource is essentially complete with 29,700 metres of drilling in 36 holes. Assays for 10% of the holes are outstanding and will be released in due course. Condemnation, geotechnical and metallurgical drill holes are also nearing completion. Data and analyses from these holes will feed into the various on-going PFS work streams. The infill drilling has so far confirmed the high-grade and bulk portion of the orebody. The Timok UZ resource will be updated with the PFS study release in September 2017, with the accompanying NI 43-101 Technical Report to be filed by mid-November.

https://seekingalpha.com/pr/16804592-nevsun-completes-timok-…

[trobs]

Sehr interessantes Posting aus SH. Ein User kontaktierte die IR da sich unter den Usern Unmut breit macht über die geringe Beteiligung des Managements. 0min später rief Scott Trebilcock an:

I just got off the phone with Scott Trebilcock....

I sent an email to Nevsun IR yesterday mentioning my concern. I just got a call from them. It was Scott Trebilcock. No lie. So I post that he should own more shares and the guy calls me 10 minutes later. I cannot make this up. He was quite pleasant and open with me. Took some notes. 1. He said that business is going on very well behind the scenes. 2. Black out period because of earnings so he could not say anything about the copper issue but things continue improving. 3. They are buying land at Timok. 4. Final candidates are chosen for CEO. Waiting on BOD for choice. 5. Institutions waiting on certainty of new CEO to commit new cash. 6. Analysts are totally underestimating the value of Timok. 7. Between now and Sept the news flow should get us back up performing more like our peers. 8. I asked about a possible bid for the company. He mentioned that they and the BOD are concerned and also mentioned the poison pill but not in those two words. I pressed him a bit asking if a party approached with a decent offer and he said "there can be aggressive offers that they must look at". If this ever happens it would be there job to "maximize the offer with competing offers". He reads this so Scott I really appreciate your call and forget my previous post stating that you should own more shares. Just kidding and it is none of my business but I think most here think it would be nice if you had more skin in the game. Again thanks for calling me and offering an open line if I had anymore questions..

@SH

[startvestor]

Antwort auf Beitrag Nr.: 54.769.570 von trobs am 20.04.17 19:46:52

Hört sich ja fast zu schön an, hoffentlich kein Fakepost des SH-Users. Ich "unterschätze" dieses Serbienprojekt übrigens auch. Klappt profitabler Bergbau in Europa, werden sich viele fragen, v.a. die Nicht-Europäer und an Umweltauflagen denken.

Trotzdem stellt sich mir die Frage, ob man weiter auf den Fall unter 2 USD warten soll oder ob man dadurch den Anstieg auf 5 USD verpasst...

[trobs]

@Startvestor

Ich glaube der User ist vertrauenswürdig! Davon abgesehen...die Companys lesen mit und damit könnte er sich ansonsten richtig Ärger einhandeln!

[startvestor]

Antwort auf Beitrag Nr.: 54.769.930 von trobs am 20.04.17 20:20:36

Er würde seinen Account mit einem solchen Fake-Post auch verlieren, insofern wirds schon stimmen.

[trobs]

Nevsun Continues to Rapidly Advance Timok and Produces Copper at Bisha in Q1 2017

VANCOUVER, April 27, 2017 /PRNewswire/ - Nevsun Resources Ltd. (NSU) (TSX:NSU)(NYSE MKT:NSU) (Nevsun or the Company) is pleased to report its financial and operating results for the three months ended March 31, 2017. Unless otherwise noted, with the exception of earnings per share and realized price and cost per pound figures, all financial results are in millions of US dollars.

First quarter 2017 highlights

Sold 66.5 million pounds of contained zinc in concentrate at C1 cash costs(1) of $0.89 per payable pound sold
Produced 3.3 million pounds of copper in concentrate and 51.9 million pounds of zinc in concentrate
Zinc recovery improved to 71.0% during Q1 2017 from 63.6% during Q4 2016
Announced a significant increase in resources at the Bisha Mine
Completed the geophysics survey at Bisha, generating promising new targets
Completed the planned infill drilling program for the Timok Upper Zone
Approved a new exploration program targeting additional high-grade mineralization at Timok
Ended period with working capital of $190 million, including $167 million of cash and cash equivalents
Declared quarterly dividend of $0.01 per share


https://seekingalpha.com/pr/16814188-nevsun-continues-rapidl…

[ooy]

Jetzt kaufen, wenn man nicht investiert ist??

[trobs]

Ein super Artikel, am besten komplett lesen!! Hier einge Auszüge daraus:

Nevsun: More Downside Ahead Or Is A Bottom In?
Apr. 28, 2017

Summary

Nevsun has reported its Q1 financial results.

The stock has continued to decline leading up to earnings and hit a fresh 52-week low.

However, Nevsun's Q1 results were positive and I think the stock may have bottomed. I explain below.

...
It looks like things have begun to turn around for the company following its first-quarter 2017 earnings, however, and I think a bottom could be in. I thought it was a bounce-back quarter for Nevsun and it paves the way for a continued strong performance in 2017, as I'll point out below.
...
However, production and earnings should improve next quarter; for one, copper sales are expected and copper prices currently trade at $2.58 per pound (guidance calls for cash costs between $.90 - $1.10 for the full-year). Zinc prices have continued to show signs of strength and forecasts for prices are quite bullish over the next few years.

As I pointed out in my last article, Timok is really key for Nevsun going forward. It has the potential to transform this company. The upside is huge, as the mine is expected to more than triple copper production by 2021. Nevsun will be a multi-mine, multi-country producer of copper, zinc and gold, and I think this could lead to a higher valuation.

As a reminder, Timok carries a $946 million net present value (based on the preliminary economic assessment), which is based on gold prices of $1,250 an ounce and copper prices of $2.20 per pound. This is more than Nevsun's current market cap, and doesn't count any value on its 60% owned Bisha mine... .

So, what's the best course of action for long-term shareholders who still believe in the company? I think a good strategy is to buy shares in increments on a monthly or quarterly basis, dollar-cost averaging your position. This quarter could be the start of a turnaround for the company and its share price. Besides improved production at Bisha in Q2, other potential catalysts include a positive pre-feasibility study in September, strong drilling results at Timok, and possible takeover interest from a larger miner. I remain long Nevsun.

https://seekingalpha.com/article/4066831-nevsun-downside-ahe…

[trobs]

Paul Conibear von Lundin gestern auf Bloomberg:

- Sieht Kupfer nächstes Jahr bei 3,5 - 4,0 Dollar

- Betont den Mangel an bedeutenden Projekten

- Denkt über Zukäufe nach

https://www.bloomberg.com/news/videos/2017-04-27/lundin-ceo-…

[trobs]

Was mir gerade noch aufgefallen ist:

Das Cookie Monster und sein genialer Kollege Joe Mazumdar besaßen im Januar 2017 noch Nevsun - was schon fast einem Ritterschlag gleichkommt. Allerdings, keine Ahnung wie es jetzt aussieht

[IllePille]

Antwort auf Beitrag Nr.: 54.836.771 von trobs am 30.04.17 13:19:21

wie auch immer: die Kursentwicklung, insbesondere vor der stattgefundenen Rallye im Rohstoffsektor, nicht zuletzt im Zinkbereich, ist mehr als enttäuschend

[trobs]

@Ilse-Bilse

Ich bin mir sicher, dass sich Brent und Joe vor deinem Sachverstand und deinem schönen Bildchen verneigen! Sicherlich hast du als fleißiger Schreiber hier im NSU-Thread auch die Gründe für diesen Verlauf genau mitverfolgt! Daher muss ich dir diese HIER nicht zum wiederholten Male erläutern.

Wie immer im Leben hat eine Medaille 2 Seiten! Wenn du im Januar eingestiegen sein solltest, tut es mir EHRLICH leid! Für dich ist in diesem Fall das Glas halbleer. Als langfristig orientierter Anleger sehe ich auf diesem Niveau ein sehr gutes Chance-Risiko Verhältnis. Wir nähern uns einer Unterstützung, die schon mehrfach angelaufen wurde und Timok ist - in meinen Augen - mehr als interessant:



Kann es von hier aus noch weiter fallen? Klar! Aber ich weiß auch, um die Gründe für den Verlauf der letzten Monate und ICH sehe hier Chancen während du einen fallenden Chart siehst.

Hier muss nun Jeder für sich entscheiden was er ist: Trader oder Investor.

[trobs]

@Ilse-Bilse

Um dich von meinem guten Willen und meiner enormen Hochachtung gegenüber deiner tatkräftigen Unterstützung hier im Thread zu überzeugen, HIER eine kleine Hilfestellung:

[IllePille]

Antwort auf Beitrag Nr.: 54.837.003 von trobs am 30.04.17 15:15:21

es ist immer wieder bemerkenswert, was in ein banales, einen reinen Sachverhalt widerspiegelndes Posting hinein interpretiert wird.

P.S. ich empfehle dringend, einen Optiker oder Augenarzt zu kontaktieren. L und S bzw B und P zu verwechseln könnte in einem anderen Kontext erhebliche Auswirkungen zeitigen

[trobs]

@IllePille

Ein Sachverhalt wäre gewesen wenn du deinen Chart vielleicht mit einem passenden Kommentar und nicht - wie du zurecht sagst- mit einem BANALEN Posting versehen hättest....! So bleibt es einfach Geschwätz und Geblubber!

Ich versuche dir nun zum zweiten Mal zu helfen:

Bilde einen, oder mehrere Sätze mit ...Fonds verkaufen, Deadline, Kupfer, Dividende, Enttäuschung, sehr wahrscheinlich (hoffentlich!) jetzt ausgekotzt!

[IllePille]

Antwort auf Beitrag Nr.: 54.837.729 von trobs am 30.04.17 20:28:20

Bilde einen, oder mehrere Sätze mit ...Fonds verkaufen, Deadline, Kupfer, Dividende, Enttäuschung, sehr wahrscheinlich (hoffentlich!) jetzt ausgekotzt!

wie würde ein wenig freundlicher User hierzu wohl sagen? Geschwätz und Geblubber!

Weißt du, ich kann nichts für den unbefriedigenden Kursverlauf, sondern habe nur darauf hingewiesen. Also lass deinen Frust nicht an mir aus.

[trobs]

Antwort auf Beitrag Nr.: 54.837.961 von IllePille am 30.04.17 22:14:50

Zitat von IllePille: Bilde einen, oder mehrere Sätze mit ...Fonds verkaufen, Deadline, Kupfer, Dividende, Enttäuschung, sehr wahrscheinlich (hoffentlich!) jetzt ausgekotzt!

wie würde ein wenig freundlicher User hierzu wohl sagen? Geschwätz und Geblubber!

Weißt du, ich kann nichts für den unbefriedigenden Kursverlauf, sondern habe nur darauf hingewiesen. Also lass deinen Frust nicht an mir aus.

Siehst du! Noch nichtmal das kannst du!

Du bist ein Spammer! Ein Schwätzer! Und damit du auf den unbefriedigenden Kursverlauf hinweisen kannst - was außer DIR - natürlich keinem aufgefallen ist, sonderst du hier dein ERSTES Posting ab? Was für ein Schwachsinn!! Wenn du dich eingeabeitet hättest....

Genau wie in deinen anderen Postings hier auf WO nichts als heiße Luft und Platzverschwendung!! Solche rechthaberischen NULLPOSTER wie du, gehen mir hier mittlerweile komplett auf die Nuss!!

Und nein! Ich habe keinen Frust. Für mich ist der Kurs als Einsteiger in diese Aktie sehr wahrscheinlich ein Geschenk!

[trobs]

Ich hatte unserem PillePAlle jetzt zweimal die Chance gegeben, aber war ja klar, dass nix kommen wird... .

Hier EINER der Gründe für den Verlauf, ich denke/hoffe der Fonds hat sich ausgekotzt, gegen Ende ging richtig was über die Ladentheke:


Nevsun Resources : S&P Dow Jones Indices Announces Changes to the S&P/TSX Canadian Indices

04/24/2017 | 05:15pm EDT

A Deletion from the S&P/TSX Canadian Dividend Aristocrats Index

TORONTO, April 24, 2017 /CNW/ - S&P Dow Jones Indices Canadian Index Services will make the following changes in the S&P/TSX Canadian Indices:

According to index methodology, Nevsun Resources Ltd. (TSX:NSU) will be removed from the S&P/TSX Canadian Dividend Aristocrats Index prior to the open of trading on Monday, May 1, 2017.

Im nächsten Quartal steht das Kupfer auf der Rechnung, wir werden einen neuen CEO haben, was hoffentlich auch wieder Unsicherheit rausnimmt, im September dann die PFS und ich bin mir sicher, dass uns die Company auch zwischendrin mit News versorgen wird.

[IllePille]

Antwort auf Beitrag Nr.: 54.838.001 von trobs am 30.04.17 22:29:18

Genau wie in deinen anderen Postings hier auf WO nichts als heiße Luft und Platzverschwendung!!

so schnell alle gelesen? Respekt. Dass du dir das angetan hast...

Solche rechthaberischen NULLPOSTER wie du, gehen mir hier mittlerweile komplett auf die Nuss!!

sind wir ein wenig dünnhäutig, oder ist die Wahrheit so schwer zu ertragen?

Und nein! Ich habe keinen Frust.

unverkennbar

[trobs]

Ein sehr guter Artikel, daher am besten selbst lesen, hier daraus einige Auszüge:


With the current stock price of $2.3 NSU is 42% undervalued and we should expect a minimum return of 20% from NSU in the next 5 years (2017-2021) just from the Timok Upper zone when it becomes properly valued. Other potential positive catalysts can come from new exploration at Bisha and Timok and from a positive economic assessment of the Timok Lower zone. In addition, every increase in copper prices by $0.1 adds $73.5 million to the Timok Upper zone NPV... .

This is important for NSU as the logical continuation of the Chinese activities in the area would be to consolidate their holdings. Given the clear indication that China wants to control its future copper supply, and that it expects higher copper prices, coming from the fact that China Moly took over Freeport's (NYSE: FCX) Tenke Fungurume mine back in 2016, the Bor basin provides a very interesting target as the Serbian government company is in deep trouble. In addition, NSU is also extremely cheap and would provide significant scale to the whole operation. Another speculation is that Lundin Mining might be faster than the Chinese in taking over NSU when they get their $1.13 billion in cash from the sale of their 24% Tenke Fungurume stake.

All in all, I see NSU at $2.3 as an extremely low risk investment with a huge margin of safety coming from a debt free balance sheet, $166 million in cash, a NPV of $4 per share for only one project, a cash producing asset in Eritrea, and exploration potential both in Eritrea and Serbia... .

Conclusion

The long-term outlook seems positive for both TRQ and NSU. However, their valuations largely differ. As I can't find a rationale reason for that I'll just continue to be long NSU until the company becomes rationally valued. That is also the story of my life, creating a position and then getting bored until the market recognizes the value. If it takes until 2021 fine by me, to paraphrase Charlie Munger, owning NSU will probably be as exciting as watching paint dry for the foreseeable future, until an acquisition or confirmation of value sends the stock much higher. Not a bad way to invest... .

https://seekingalpha.com/article/4067365-turquoise-vs-navsun

[trobs]

Insiderkauf!!!

[ooy]

May 2/17 May 2/17 Scott, Stephen Victor Direct Ownership Common Shares 10 - Acquisition in the public market 7,500 $3.15
May 3/17 May 1/17 Whelan, Thomas S. Direct Ownership Common Shares 10 - Acquisition in the public market 50,000 $3.13

[ooy]

Nevsun Receives Strong Support from Shareholders at 2017 AGM
Canada NewsWire

VANCOUVER, May 3, 2017

VANCOUVER, May 3, 2017 /CNW/ - Nevsun Resources Ltd. (TSX:NSU) (NYSE MKT:NSU) (the "Company" or "Nevsun") is pleased to announce the results of voting at its annual general meeting of shareholders which was held on May 3, 2017, in Vancouver, British Columbia (the "Meeting"). A total of 69% of outstanding shares were voted at the Meeting which showed a high participation of shareholders and evidenced strong support for the election of its nominees as directors and for Nevsun's approach to executive compensation.

Election of Directors
The eight nominees for director listed in Nevsun's management proxy circular were elected as set out in the following table:




Director
Votes For
%
R. Stuart Angus
164,019,377
93
Ian R. Ashby
171,967,488
97
Geoffrey Chater
168,726,678
95
Clifford T. Davis
171,841,039
97
Anne E. Giardini
175,702,208
99
Ian W. Pearce
174,028,087
98
Stephen V. Scott
160,740,832
91
David S. Smith
175,422,540
99


Appointment of Auditors
KPMG LLP was appointed as auditors of the Company and the directors of the Company were authorized to fix the remuneration of the auditors by a 95% majority of the votes cast.

Advisory Vote on Executive Compensation
Nevsun's approach to executive compensation (say on pay) was accepted by a 90% majority of the votes cast at the Meeting and shows its shareholders are confident in Nevsun's approach to executive compensation. The Company also received valuable input from shareholders as part of the process. The primary objective of the Company's compensation program, including the executive compensation program, is to attract and retain qualified employees that fit in with the Nevsun corporate culture in order to achieve its corporate objectives and increase shareholder value and to promote greater alignment of interests between its executive officers and shareholders.

Confirmation, Ratification and Continuation of the Company's Shareholder Rights Plan
The shareholder rights plan of the Company (the "Rights Plan") was approved, ratified and confirmed by a 66% majority of the votes cast. The purpose of the Rights Plan is to encourage the fair treatment of shareholders in connection with any take-over bid for the Company, assuring adequate time to shareholders and the board of directors of the Company to assess a take-over bid and consider any alternatives to promote fairness and maximize shareholder value.

[ooy]

,
Nevsun Releases 2016 Corporate Social Responsibility Report
VANCOUVER, May 4, 2017 /PRNewswire/ - Nevsun Resources Ltd. (TSX: NSU) (NYSE MKT: NSU) (Nevsun or the Company) is pleased to announce the release of its 2016 Corporate Social Responsibility (CSR) Report titled "Core Growth". All dollar values are in US dollars.

2016 CSR Highlights

Safety record: Zero Lost Time Injuries
Timok Project: Ongoing implementation of Nevsun CSR policies and ethical standards into growing Timok development team and commenced environmental and social impact assessment baseline study work
Economic: Distributed $269 million in economic value in Eritrea ($78 million to local suppliers, $53 million in taxes and royalties and $16 million in dividends)
Employees: Increased training for Eritreans by 19% over the prior year
Environment: Spent $1.1 million on community and environmental management programs at Bisha
Human Rights: Continued progress on key human rights actions that reflect evolving international best practices
Community: Completed three community infrastructure projects near the Bisha Mine to enhance local water supply
"CSR is a cornerstone of how we run our business. We applied our corporate values in Eritrea at the Bisha Mine and nearby communities. In 2016, the Timok Project implemented a Stakeholder Engagement Plan (including a formal external grievance mechanism), a Community Investment Policy, and is investing heavily in our Social and Environmental Impact Assessment of the Timok project. We have made sustained progress across the CSR spectrum in 2016. These activities not only support our commitment to our core values, but help maintain our social license to operate," stated Cliff Davis, CEO of Nevsun.

The Global Reporting Initiative (GRI) Sustainability Reporting Guidelines continue as the basis of this Report, which is in accordance with the 'Core' criteria option of the fourth generation (G4) Framework.

To view the report, please visit http://www.nevsun.com/responsibility/reporting/.

About Nevsun Resources Ltd.
Nevsun Resources Ltd. is the 100% owner of the high-grade copper-gold Timok Upper Zone in Serbia and 60% owner of the high-grade copper-zinc Bisha Mine in Eritrea. Nevsun is well positioned with a strong debt-free balance sheet to grow shareholder value through advancing the Timok project to production.

NEVSUN RESOURCES LTD.

"Cliff T. Davis"

Cliff T. Davis
President & Chief Executive Officer

SOURCE Nevsun Resources Ltd.

[trobs]

WEITERE Insiderkäufe!!!

[trobs]

Glutton For Punishment
May 5, 2017 - 8:48 am – by Peter Grandich

...This morning, I sent an email to close friends (and even shared with my Facebook friends), suggesting the thought to consider ownership “today”, in one of the two stocks I own – Nevsun Resources-NSU $2.14. Why should I be hated 6 or 12 months from now just by a few-lol?

Please allow me to briefly comment on NSU (and also the one other stock I own, Teranga Gold. I also have a large short position on the stock market through the ETF SH-NYSE $34.07).

Here’s my thoughts in a nutshell:

NSU – The decision to dramatically cut its dividend earlier this year was a prudent one for the long-term. But, because I (and apparently many others were) was led to believe by two officers of the company that the dividend was all but secure for at least 2017, I chose to ass-u-me that if in 2018 the decision to cut it to build the mine occurred, the share price wouldn’t suffer anywhere near as it has because by then, we would know so much more about the upper and lower zones and Timok (and production problems at Bisha would long be behind us). The expectation was that perceived worth of the company would be so much higher by then, that the dividend cut wouldn’t come close to negatively impacting the share price as it has since the truly “surprised” cut occurred.

This has without a doubt, been a leading factor in the dramatic decline we have seen so far this year (and why I told those two officers what I felt: said I lost all respect for them; that they botched any and all good will they had built with me and likely many shareholders; and they should resign – one is retiring soon, but unfortunately, the other one remains. Sadly he’s still in charge of business development – a feat I believe he is incapable of doing well and hopefully the new CEO will see that early on when he arrives).

What makes this all the more frustrating is, I truly believe in my heart of hearts, NSU has never been in a better position to grow as a company. Today, May 5th, may be among its most “undervalued” share price relative to fundamentals as we know them today. That’s why I’m not surprised to see insiders stepping up, something that hasn’t occurred at NSU for a very long time (multiple purchases just yesterday)

Unless copper and zinc prices collapse from here, an unknown factor badly impacts current assets, and/or the equity markets themselves fall out of bed, the downside risk from here appears minuscule.

If I’m wrong, again, this could be my family theme song for the remainder of my natural life.

http://www.petergrandich.com/glutton-for-punishment/

[trobs]

Insiderkäufe! Weiter geht es:

[ooy]

Filing
Date Transaction
Date Insider Name Ownership
Type Securities Nature of transaction Volume or Value Price
May 5/17 May 4/17 Smith, David Direct Ownership Common Shares 10 - Acquisition in the public market 8,000 $3.08
May 4/17 May 4/17 Scott, Stephen Victor Direct Ownership Common Shares 10 - Acquisition in the public market 5,000 $2.85
May 4/17 May 4/17 Giuffre, Joseph Paul Indirect Ownership Common Shares 10 - Acquisition in the public market 10,000 $2.92

[trobs]

Nevsun Resources Appoints New CEO
Nevsun Resources Ltd.

VANCOUVER, May 8, 2017 /CNW/ - Nevsun Resources Ltd. (TSX:NSU) (NYSE MKT:NSU) (Nevsun or the Company) today announced the appointment of Mr. Peter G. Kukielski to the position of President and Chief Executive Officer, effective May 12, 2017. Mr. Kukielski replaces Cliff Davis, who announced his intention to retire earlier this year.

Mr. Kukielski brings more than 30 years of diverse international experience in the mining industry to this role. Most recently, Mr. Kukielski was Chief Executive Officer of Anemka Resources from 2014 to 2017, a private company backed by Warburg Pincus formed to invest in global mining assets. From 2008 to 2013 he was the Chief Executive, Mining for ArcelorMittal, responsible for 27 operating mines and three major development projects, distributed within 12 countries. From 2006 to 2008 Mr. Kukielski was the Chief Operating Officer of Teck Resources, responsible for three copper mines, four zinc mines, six metallurgical coal mines, two gold mines, one base metal refinery and two major development projects. From 2001 to 2006 he was with Falconbridge (originally Noranda) in senior roles, latterly including Chief Operating Officer, and in years prior he had various increasingly senior roles with other major mining companies, including direct experiences in engineering, commissioning and operating significant mines in a wide variety of international jurisdictions.

[trobs]

Nevsun auf der 121 Mining Investment London 2017: http://www.weare121.com/121mininginvestment-london/nevsun-re…

Ein Auszug aus dem Management Interview:

What is the focus of your management team for the next 12 months, and what are the key milestones you are looking to reach that you think will add value to the business?

Last year, Nevsun purchased the world class Timok copper-gold development project in Serbia. Nevsun will be infill drilling the high-grade deposit and completing a pre-feasibility study due in Q4 2017. In addition, at its operating Bisha mine, in Eritrea, Nevsun is currently commissioning a zinc plant that should bring 200-230mm lbs of zinc to market in 2017. Given the robust market, Nevsun expects to be selling into a strong zinc market.

What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?

At the moment, Nevsun’s key risk would be a hostile takeover due the undervalued share price.

[trobs]

3 Präsentationen über die nächsten Wochen: 121 Mining Investment May 10 11, 2017 London, UK 121 Mining Investment June 6 - 7, 2017 New York, NY RBC Global Mining & Materials Conference June 13 - 14, 2017 New York

[trobs]

With Zinc Prices and Global Deficit on the Rise, Savvy Mining Companies are Poised to Profit 8:25 AM ET 5/11/17 | Dow Jones NetworkNewsWire Editorial Coverage NEW YORK, May 11, 2017 /PRNewswire/ --

Increasing global demand countered by a worldwide shortage has made zinc a red-hot commodity, and mining companies are racing to cash-in on the shortage. Companies like Kootenay Zinc Corporation (OTC:KTNNF) (CSE:ZNK.CN) (Kootenay ZincProfile), Nevsun Resources Ltd. (NYSE: NSU), Ivanhoe Mines LTD. (OTC: IVPAF), Teck Resources Limited (NYSE: TECK) and Hudbay Minerals Inc. (NYSE: HBM) are working to address the world's current zinc shortage and take advantage of the subsequent rise in zinc prices. The imbalanced market, in part, is fueled by the 2016 shutdown of various zinc mines in China (which is both the world's biggest zinc producer and its biggest zinc consumer) and the dwindling ore supply of major zinc mines. While zinc prices sagged in 2015, the base metal was a top performer out of the 22 raw materials tracked by the Bloomberg Commodity Index. Goldman Sachs the following year called zinc "the bullish exception in the metals space," and predicted that a deeper shortage would send zinc prices as high as $2,500 per metric ton in 2017. Zinc outpaced expectations, however, and as of May 2017, the price of the mineral reached $2,628 per metric ton. It's obvious to see why Jeff Currie, Head of Commodities Research at Goldman Sachs Global, in a Bloomberg interview(1) said zinc is his No. 1 commodities pick for 2017. So, what does this mean for zinc mining companies throughout the world? It means an opportunity to profit in a huge way, particularly for companies that can find the best zinc deposits with the shortest ramp-up time, or those with the ability to expand their existing zinc reserves... .

Diverse activities being pursued by Nevsun Resources (NYSE: NSU) also include zinc mining operations, with production coming from its Bisha copper-zinc mine in Eritrea. The Bisha Mine is a high-grade open pit mine with nine years of reserve life, and it generates revenues from both zinc and copper concentrates. In the middle portion of 2016, Nevsun Resources expanded its flotation capacity to produce zinc concentrates in addition to copper concentrates from primary ore. Nevsun Resources earlier this week named Peter G. Kukielski as its new CEO, effective May 12, replacing the retiring Cliff Davis. According to the press release, Kukielski has more than 30 years of diverse international experience in the mining industry which will support the company's strategies to advance its projects

[trobs]

Weiter geht es!!! Insiderkäufe!!

[ooy]

May 11/17 May 11/17 Giardini, Anne Elizabeth Direct Ownership Common Shares 10 - Acquisition in the public market 24,000 $3.13

[trobs]

Rick Rule spricht über Nevsun, er verkaufte sie als die Probleme mit der Kupfergewinnung bekannt wurden, steht jetzt aber wieder auf der Käuferseite.

Rick Rule: I sold Nevsun when they came out with the news they were having problems with the copper recovery circuit.......

I have lately been a buyer...in the recent quarter they announced their copper recoveries were increasing, this tells me they put in place the process technologies to solve the problem....

Timok is one of the highest quality mines on the planet

ab ca 19.40

http://www.bnn.ca/rick-rule-s-top-investing-ideas-may-12-201…

[trobs]

Präsentation Mai:

http://www.nevsun.com/investors/presentation/2017-05-12-NSU-…

[trobs]

Nevsun Resources: Top Line Mining Play
May 16, 2017

Auszüge:

- For its 2017 outlook, Nevsun Resources anticipates it will produce 200-230 million pounds of zinc and 10-20 million pounds of copper in 2017. Part of the reason for Nevsun Resources' recent stock price drop is the rapid drop in the company's copper production forecast from earlier. That means the company anticipates 2017 revenues of $250 million with a very low $16 million in sustaining capital.

- On top of this, Nevsun Resources plans to continue exploration in the Bisha region. The company plans to drill 40 kilometers in the Bisha regional region and complete the Bisha underground mine in the 2Q. This exploration has a $31 million budget. This exploration budget should allow Nevsun Resources' Bisha Mine resources to continue to increase and its Bisha Mine project to remain strong. (The primary zone at the Nevsun Resources Bisha Mine consists of 21 MT at 1.10% Copper, 5.57% Zinc, 0.68 grams/ton Gold, and 44 grams/ton Silver.)



- Nevsun Resources added new reserves in the 2Q 2017 bringing its total life of mine payable metal reserves to 365 million pounds of copper, 1.7 billion pounds of zinc, 221 million ounces of gold, and 7.6 million ounces of silver. That puts the total value of these reserves at roughly $2.6 billion dollars, which should be mined over the next decade or so. This comes out to several hundred million dollars a year of earnings potential for Nevsun Resources. On top of this, Nevsun Resources is currently selling its new and recently started zinc production on the spot market. Should the company be able to find a committed buyer for this information it should provide the company with significantly more reliable earnings potential in the coming years.


- Exploration wise, the company plans to deliver its Timok Upper Zone pre-feasibility study in September and obtain the necessary permits to begin the upper zone decline in the 4Q.

- Looking further into the Timok Project, we start by looking at the Upper Zone of the Timok Project, or the zone that Nevsun Resources plans to mine first. Nevsun Resources mine consists of a massive deposit with 35 million tons of inferred resources at 2.9% copper and 1.7 grams/ton gold. On top of that the mine has 1.7 million tons of 13.5% copper and 10.4 grams/ton of gold of indicated resources.

This is a massive amount of resources worth billions of dollars at present prices... . At the present the $1.5 billion net present value along with the 12 year mine life means the Timok Upper Zone has the potential to provide Nevsun Resources with more than $100 million a year in annual profit once mining begins.

- On top of this, the Timok Project also has the significantly larger Lower Zone. The Lower Zone is significantly larger than the Upper Zone with extensive copper-gold mineralization and block cave potential.

https://seekingalpha.com/article/4073686-nevsun-resources-to…

[trobs]

Grandich (Confessions of a Wall Street Whiz Kid):

Nevsun Resources (NSU $2.35) – The new CEO was a good choice and should lessen the previous CEO’s dividend blunder (at the end of an other-wise good career at NSU). Unfortunately, there was serious IR damage that would be best served by a new leader in that end, but not likely to occur. Therefore, it will take much longer to re-energized previous support and rally new believers. But in the end, the assets should win out and those who become shareholders at these levels, should be the happiest when its all said and done. I continue to believe NSU is acquired before the first ore is poured at Timok.

http://www.petergrandich.com/grandich-observation/

[senna7]

so gerade für 3,11 nachgekauft

Langfristig gute Aussichten , zur Zeit für mich überverkauft

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Dieses Bild ist nicht SSL-verschlüsselt: [url]http://www.bilder-upload.eu/upload/d9a50c-1495044475.png

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[senna7]

in der heutigen Marktsituation hält sich Nevsun wirklich gut

[trobs]

Another company is Nevsun Resources Ltd. (NSU:TSX; NSU:NYSE.MKT). Right now, the shares are too attractive to ignore and we're actively buying. Taking into account the company's $167 million in cash and no debt, Nevsun has an enterprise value of only ~US$475 million.

Nevsun's Timok project is located in Serbia. It's one of the top three copper discoveries of the past decade, the other two being Kamoa, which is a Congo-based project being worked on by Robert Friedland's Ivanhoe Mines Ltd. (IVN:TSX), and Cascabel, a more recent discovery in Ecuador that is being worked on by SolGold Plc (SOLG:AIM), with Cornerstone Capital as a minority partner.

The economics outlined in Timok's April 2016 preliminary economic assessment (PEA) are absurd. Depending on the underlying assumptions, the project has an internal rate of return of 90%, if not above 100%. That's wildly economic. I think Nevsun shares are undervalued based on this PEA alone, which only applies to Timok's Upper Zone.

However, at current share prices, you also get Timok's Lower Zone, of which Nevsun owns 46%, for free. Freeport-McMoRan Inc. (FCX:NYSE) owns the rest. The Lower Zone won't be in production for quite some time, but it will be a massive underground operation with a multi-decade mine life.

Additionally, Nevsun is generating substantial free cash flow from its Bisha mine in Eritrea, producing zinc, which is obviously a hot metal right now. You also get Bisha for free, as well as any exploration upside around the mine. So, to me, this is a really attractive company that is one of the strongest buys out there.

http://www.theaureport.com/pub/na/dont-waver-hard-asset-bull…

[senna7]

Summary

Nevsun (NSU) purchased Reservoir Minerals in June 2016 for the large copper/gold Timok development project.

Nevsun cut its dividend to allow it to develop the new project it purchased. This upset dividend investors.

Nevsun has a bright future and utilizing it's mine building skills and cash flow will become a better company after developing Timok.

Dividend focused funds dumped the stock, confused investors and momentum investors dumped the stock. It is a wonderful opportunity to buy the stock and participate in the future of Nevsun.



quelle :
https://seekingalpha.com/article/4074662-nevsun-confusion-cr…

[Boersiback]

Nevsun Resources appoints Pearce chairman

https://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aNSU-2482…

[rolleg]

Nevsun Reports New Lower Zone Drill Results at Timok

HIGHLIGHTS

- Drilling continues to confirm grade, continuity and thickness of the Lower Zone
- New porphyry copper intersections include:
-- 0.80% Cu and 0.22g/t Au over 798.1m in TC170131A (1.11% Cu equivalent)
-- 1.01% Cu and 0.18g/t Au over 336.1m in TC160118 (1.27% Cu equivalent)
-- 1.02% Cu and 0.25g/t Au over 327.0m in TC160125D (1.38% Cu equivalent)
-- 1.18% Cu and 0.29g/t Au over 238.7m in TC160125B (1.59% Cu equivalent)
- Intersections estimated to be near true width
- Cu equivalent calculated as 1g/t Au = 0.7% Cu
- Drilling targeted completion in late 2017

Nevsun CEO, Peter Kukielski, commented, “The Lower Zone assays reported today are part of an on-going $20 million drilling program with our joint venture partner Freeport-McMoRan aimed at defining the large footprint of the Timok Lower Zone mineralization. There are currently 12 drills in operation on the program with a target date for completion in late 2017.”
http://www.nevsun.com/news/2017/june29/

[rolleg]

Nevsun's Bisha Mine Back On Track?
https://seekingalpha.com/article/4088045-nevsuns-bisha-mine-…

[rolleg]

Nevsun Reports Final High Grade Infill Drill Results at Timok Upper Zone

HIGHLIGHTS
•Drilling confirms continuity and the high-grade nature of the Upper Zone
•New massive and semi-massive sulphide intersections include:
◦16.94% Cu and 6.97g/t Au over 25.5m, within 4.46% Cu and 2.38g/t Au over 280.0m in TC160146B
◦15.86% Cu and 7.69g/t Au over 27.0m, within 5.18% Cu and 2.28g/t Au over 274.5m in TC170157
◦20.57% Cu and 9.17g/t Au over 49.5m, within 6.77% Cu and 3.67g/t Au over 265.5m in TC160147
◦15.63% Cu and 12.28g/t Au over 19.5m, within 5.37% Cu and 4.94g/t Au over 177.0m in TC160142

•Exploration drilling for additional Upper Zone type deposits underway
http://www.nevsun.com/news/2017/july19/

[rolleg]

Nevsun Resources: Significantly Undervalued Mining Corporation
https://seekingalpha.com/article/4088796-nevsun-resources-si…

[Boersiback]

Antwort auf Beitrag Nr.: 55.358.270 von rolleg am 19.07.17 22:00:15

ja... nichtmal 1 Mrd USD bewertet.
für mich so ein wert wo man "ewig" liegenlassen kann un ab un an bei schwäche zukaufen.
ich denke die stehen auch bald wieder über 3 USD. alles noch nachwirkungen der divi-kürzung und die konnte man ja auch erwarten bzw macht sinn wegen des minenbaus

[rolleg]

Nicht soo gut...

Nevsun Announces Q2 Financial Results, Strategic Update and Annual Reserves
http://www.nevsun.com/news/2017/august9/

[Boersiback]

stimmt, zahlen enttäuschend... habs nur kurz gelesen fürs erste.

[startvestor]

Antwort auf Beitrag Nr.: 55.493.352 von Boersiback am 10.08.17 00:14:54

Ich hatte mir Nevsuns Q1-Zahlen zuletzt mal näher angesehen und da waren mir 1 Mrd. MK doch zu viel, v.a. nicht für die Mine in Eritrea. Timok gleicht das für mich leider nicht aus.

In Q2 hatten sie nun eine Sonderabschreibung von 70 Mio. USD auf Stockpiles und Fahrzeuge, ohne das wäre der Gewinn bei 0 gewesen. Ich bleibe hier vorerst draußen.

[Boersiback]

Antwort auf Beitrag Nr.: 55.501.389 von startvestor am 10.08.17 21:06:21

problem nicht nur die zahlen. sie haben auch die laufzeit der bisha-mine von 8 auf 4 jahre verkürzt... kleinere pit mehr effizienz... läuft irgendwie nicht mehr so.
danach underground evtl. na ich hoffe mal.. resourcen hats ja genug.
aber man darf das 19 jahre lang gutlaufende projekt jetzt doch mal skeptischer sehen und das in einer zeit wo die basemetals anspringen... schade.

Timok gleicht das schon etwa au mit der marktkap.
nicht vergssen, lower zone und upper zone und immer noch genug explorationspotenzial.
das ist so ziemlich das beste projekte überhaupt.

bin nun 30% hinten.. werd´s halten aber nicht mehr nachkaufen für´s erste.
da will ich erstmal im oktober die pea zu timok sehen und weitere Q-zahlen und evtl. mehr infos über bishas zukunft.

sehe ich nach wie vor als baseinvest, aber als träges.

[rolleg]

Antwort auf Beitrag Nr.: 55.501.458 von Boersiback am 10.08.17 21:17:52

Stimme Dir zu. Sieht bei mir grad genau so aus..

[rolleg]

Nevsun's Share Price Crashes After Some Disappointing News; An Opportunity For The Long-Term Investors?

Summary

- The life of the Bisha mine was cut to 4 years.
- The Timok PFS was delayed by 2 quarters.
- There were some negative changes in the production and cost guidance.
- Nevsun's share price has collapsed.
- Despite the bad news, the long term potential is still huge.
https://seekingalpha.com/article/4097906-nevsuns-share-price…

[Boersiback]

Antwort auf Beitrag Nr.: 55.509.537 von rolleg am 11.08.17 20:29:10

kann man so stehenlassen...

Timok war halt genial. ich weiss noc hdamals Reservoir. war ledier nie drin über jahre verfolgt.
Nevsun war immer top ne dekade. hohe divi und dann holen sie sich das superprojekt.
teils als JV.

das hatte gepasst... und nu divi mini, bisha läuft nicht mehr. bleibt Timok und die hoffnung auf bisha underground und bessere zahlen aus der smaller pit.
in summe weiss ich auch nicht. wenn sie keinen mist mehr bauen, dürften wir nahe am tief sein. aber ob da über paar jahre von hier an mehr als 50% gehen weiss ich nicht.
schade dachte eigentlich im kupferbereich das solideste was man haben kann. dabei ist es mit abstand mein miesestes kupferinvest geworden von 5.

[rolleg]

Antwort auf Beitrag Nr.: 55.509.759 von Boersiback am 11.08.17 21:10:33

Hehe - fast genau mein Gedankengang...

[Szween]

Antwort auf Beitrag Nr.: 55.509.759 von Boersiback am 11.08.17 21:10:33

Findest du die Aussichten noch schlechter als bei Cordoba ? Oder hast du die nicht ?

[Boersiback]

Antwort auf Beitrag Nr.: 55.510.014 von Szween am 11.08.17 22:02:52

doch Cordoba auch... ok dann hab ich 6 primärkupferwerte...
kann man nicht vergleichen. cordoba ist ein explorer.

[IllePille]

Nevsun ist aber kein Primärkupferwert

[Boersiback]

Antwort auf Beitrag Nr.: 55.511.094 von IllePille am 12.08.17 09:48:08

doch

[timesystem1100]

Antwort auf Beitrag Nr.: 55.511.286 von Boersiback am 12.08.17 10:23:02

Börsi,

was sagst Du zu den COT-Daten?

Grüsse

[tntxrxwelle]

Antwort auf Beitrag Nr.: 55.501.458 von Boersiback am 10.08.17 21:17:52

Zitat von Boersiback: problem nicht nur die zahlen. sie haben auch die laufzeit der bisha-mine von 8 auf 4 jahre verkürzt... kleinere pit mehr effizienz... läuft irgendwie nicht mehr so.

Vielleicht ist das -theoretisch- auch ein smart-move dessen wahren Grund man nicht so direkt kommunizieren kann/darf:

1) Zink ist nicht so profitabel, wie ehemals Kupfer/Gold. Der Zinkbereich ist hier offenbar geologisch komplizierter.

2) Man will raus aus Eritrea, weil sich das Land zu viel abgreift. Ist doch recht auffällig, dass Bisha nun grob so lange laufen soll, bis Timok startet.

Klar ist aber auch...da wird bis Timok stetig Geld verbrannt, was nicht gerade Kursphantasie bedeutet.

[sir_krisowaritschko]

Stellt sich die Frage wie wahrscheinlich eine mögliche Übernahme von Orca Gold unter den aktuellen Gegebenheiten ist?

[Boersiback]

Antwort auf Beitrag Nr.: 55.511.529 von timesystem1100 am 12.08.17 11:21:32

naja beim gold wieder 150K specs 19K mehr und der rest der woche.. sicher wieder 175K
nicht so toll. spekulatives treiben. im sommer 2016 warens aber über 300K

[Boersiback]

Antwort auf Beitrag Nr.: 55.511.889 von tntxrxwelle am 12.08.17 12:50:50

ich denke schon dass sie cash generieren werden bzgl Bishu

Man will raus aus Eritrea, weil sich das Land zu viel abgreift

dachte ich auch... kann sein.. dann wäre Bishu insgesamt grob ziemlich wertlos und bzgl Timok wäre die marktkap ok aber auch erstmal ausreichend. kann sein dass wir 4 jahre einen gurkenkurs haben auch wenn kupfer nachlegt. die gefahr besteht... schon recht ernüchternd leider.
ich glaub aber nicht dass sich der kurs hier noch halbiert oder sowas in der art. eher seitwärts flach auf niedrigem niveau

[Boersiback]

Antwort auf Beitrag Nr.: 55.512.228 von sir_krisowaritschko am 12.08.17 14:22:13

Zitat von sir_krisowaritschko: Stellt sich die Frage wie wahrscheinlich eine mögliche Übernahme von Orca Gold unter den aktuellen Gegebenheiten ist?

wie kommst du auf sowas ?
gab´s da mal gerüchte ?
hätte ja nix dagegen, weil ich Orca Gold latent immer mal gern haben würde.

klar in bezug auf deren gebiet gibts nur Nevsun und Centamin in der nähe.
zu Centamin als reinen goldproducer und noch näher dran würde es besser passen.
vor allem generieren die sehr viel cash und haben nur eine langlaufende mine.
was machen die mit dem ganzen geld ausser dass sie ne extrem hohe divid zahlten dieses jahr,
fällt denen nix ein bislang

Nevsun sollte sich eher voll und ganz auf Timok konzentrieren. da können sie ja genug einsetzen auch für weitere explorationen.

[IllePille]

Antwort auf Beitrag Nr.: 55.511.286 von Boersiback am 12.08.17 10:23:02

doch?

Nevsun 2017 Outlook and Guidance
•Produce 190 to 210 million pounds of zinc (previously 200 to 230)
•Produce 20 to 30 million pounds of copper (previously 10 to 20)

https://web.tmxmoney.com/article.php?newsid=5740220731566335…

aber ich weiß ja nicht, was du unter einem Primärkupferwert verstehst...

[sir_krisowaritschko]

Antwort auf Beitrag Nr.: 55.512.396 von Boersiback am 12.08.17 15:40:38

Gehört nix. Eben rein von der geographischen Lage.
Alles kann, nix muss.
Hätte gedacht im Ohr zu haben dass du mal im Rohstoffthread geäußert hättest das nevsun eventuell cash über hätte. Vielleicht habe ich das mit centamin verwechselt.

[Boersiback]

Antwort auf Beitrag Nr.: 55.512.474 von sir_krisowaritschko am 12.08.17 16:10:17

ja... jemand hatte mal reingestellt ewr in der nähe liegt von Orcas projekt.
da gabs nur die beiden. ich hab sicher gemeint dass es ideal für centamin wäre

[Boersiback]

Antwort auf Beitrag Nr.: 55.512.456 von IllePille am 12.08.17 16:04:38

also Timok ist hier sicherlich anteilig gesehen deutlich über der halben marktkap von Nevsun.
Bisha produziert mehr zink als kupfer, wird aber immer sekundärer.
evtl. machen sie ja dicht in 4 jahren.

[sir_krisowaritschko]

Antwort auf Beitrag Nr.: 55.512.597 von Boersiback am 12.08.17 16:52:23

Ja ich hatte das damals mal zur Diskussion reingestellt

[Boersiback]

Antwort auf Beitrag Nr.: 55.513.689 von sir_krisowaritschko am 12.08.17 21:56:06

achso, du warst das... wusste davor nur dass centamin in der nähe ist

[tntxrxwelle]

Antwort auf Beitrag Nr.: 55.512.387 von Boersiback am 12.08.17 15:38:04

Zitat von Boersiback: ich denke schon dass sie cash generieren werden bzgl Bishu

Da hast Du mich mißverstanden. Ich gehe auch davon aus, dass Bisha wieder deutlich cashflow+ wird. Nur reicht das keinesfalls aus, um Timok aufzubauen = Geldverbrenner.

[rolleg]

Nevsun Resources: Copper/Zinc Catalysts Ahead
https://seekingalpha.com/article/4098613-nevsun-resources-co…

[rolleg]

Nevsun Appoints Ryan MacWilliam as Chief Financial Officer

Nevsun Resources Ltd. (TSX:NSU) (NYSE MKT: NSU) (“Nevsun” or the “Company”) today announced that it has appointed Ryan MacWilliam as its Chief Financial Officer. The appointment is effective August 28, 2017.

“Mr. MacWilliam has the mining finance and capital markets skills that Nevsun needs as we focus on our next phase of growth,” said Peter Kukielski, Nevsun’s President and Chief Executive Officer, “I am confident that he will be an exceptionally strong addition to the management team.”

Prior to Nevsun, Mr. MacWilliam worked for London-based X2 Resources LLP, where he was a director at the private equity fund focused on base metals and other mined commodities. His work at X2 involved assessing the optimal capital structure for transactions, including arranging debt financing, presenting transactions to institutional equity investors and negotiating with strategic partners. Mr. MacWilliam’s responsibilities also included coordinating due diligence processes for deals across a variety of geographies and commodities.

Prior to X2, Mr. MacWilliam worked at Anglo American plc, where he had roles in the copper, platinum and iron ore divisions in South Africa, the UK and the USA. His responsibilities in these various roles included corporate development; implementing and developing budget processes, cost controls and financial systems, and business planning and operational improvement.

Mr. MacWilliam obtained a Master of Business Administration from Harvard Business School where he was a Baker Scholar. He has a Bachelor of Business Science degree in finance from the University of Cape Town and is a designated Chartered Financial Analyst.

Mr. MacWilliam replaces Tom Whelan, who is leaving Nevsun to pursue other interests.

Peter Kukielski commented, “Mr. Whelan has been an excellent, professional and dedicated business colleague to me, to my predecessor and to the Nevsun leadership team. We are grateful for his contribution to Nevsun. We thank him for his service to the Company and wish him the best in his future endeavours.”
http://www.nevsun.com/news/2017/august21/

[Boersiback]

hat eigentlich jemand zahlen im kopf bzgl minenbau Timok ??
die lower Zone ist ja ein 50-50 JV mit Freeport, denen auch daran gelegen sein dürfte, daß es vorangeht.

wer zahlt was ??
ich hab diesbzgl. mich nicht drum gekümmert bislang
sollte man tun grad jetzt wo´s bei Bisha nicht mehr rund läuft.

[rolleg]

Aus Stockhuose:

Paradigm Capital: Buy rating and $4.75 target price for NSU
http://tinyurl.com/y6w46bum

[rolleg]

Haywood zu Nevsun - siehe Seite 8:
http://cdn.ceo.ca.s3-us-west-2.amazonaws.com/1cr65kg-MMSept8…

[senna7]

könnte den Kurs gut tun

Nevsun Resources will konstante Dividende auszahlen

http://www.mydividends.de/news/nevsun-resources-will-konstan…

[IllePille]

Antwort auf Beitrag Nr.: 55.728.648 von senna7 am 13.09.17 08:22:57

dazu ist sie zu niedrig. Außerdem hat Nevsun erst kürzlich die vorher attraktive Dividende völlig überraschend zusammen gestrichen

[morimori]

http://www.neometals.com.au/reports/818-AM13092017.pdf

[dosto]

noch 5 cent b is zum neuen 1 Jahrestief.
Das müßte doch zu machen sein!!!

[rolleg]

Antwort auf Beitrag Nr.: 56.036.292 von dosto am 26.10.17 20:00:43

Bin nicht sicher - da kommen heute nachbörslich noch Zahlen:

Nevsun Resources Ltd. (TSX: NSU) (NYSE MKT: NSU) plans to release the updated Preliminary Economic Assessment for the Timok Upper Zone project along with its third quarter 2017 financial and operating results on Thursday, October 26, 2017, after close of trading.
http://www.nevsun.com/news/2017/october2/

[ooy]

Nevsun Announces Increased Zinc Production at Bisha in Q3 2017
VANCOUVER, Oct. 26, 2017 /PRNewswire/ - Nevsun Resources Ltd. (TSX:NSU)(NYSE MKT:NSU) (Nevsun or the Company) is pleased to report its financial and operating results for the three months ended September 30, 2017. Unless otherwise noted all financial results are in millions of US dollars.

Third quarter 2017 highlights

Zinc recoveries continue to improve at Bisha, averaging 74.0% for the quarter and 82.0% for September
Sold 43.4 million payable pounds of zinc in zinc concentrate at C1 cash costs(1) of $0.84 per payable pound sold
Sold 4.0 million payable pounds of copper in copper concentrate at C1 cash costs(1) of $1.70 per payable pound sold
Declared the third quarterly dividend of 2017 of $0.01 per share
Ended period with cash and cash equivalents of $151 million
Summary Timok Preliminary Economic Assessment ("PEA") results were released on October 26, 2017
Plan to deliver the Timok Pre-Feasibility Study ("PFS") in Q1 2018
"We remain focused on ensuring our Bisha mine delivers maximum value and takes advantage of the current strong zinc price environment by both continuing to improve current metallurgical performance and increasing material movement capability in the mine," commented Chief Executive Officer, Peter Kukielski.

Mr. Kukielski continued, "Zinc recoveries further benefitted from the primary ore metallurgy improvement program onsite. Additionally, several boundary material stockpile trial campaigns resulted in strong zinc recovery at the expense of copper recovery as portions of this material are not amenable to copper flotation. The mobile fleet expansion at Bisha, announced in Q2 2017 and funded entirely through operating cash flow, is expected to be completed by the end of H1 2018."

Financial Review











Q3 2017


Q2 2017


Q1 2017


Q4 2016

Revenue (millions)

$

71.0

$

66.1

$

71.6

$

36.2

Operating income (loss) (millions)


12.2


(65.1)


11.7


(4.9)

Net income (loss) (millions)


3.1


(70.2)


2.9


(8.5)

Working capital (millions)


179.1


171.1


190.3


201.1










Zinc price realized, per payable pound sold

$

1.44

$

1.16

$

1.28

$

1.17

C1 cash cost per payable zinc pound sold(1)


0.84


0.92


0.89


1.06










Copper price realized, per payable pound sold

$

2.99

$

2.65

$

-

$

-

C1 cash cost per payable copper pound sold(1)


1.70


1.59


-


-



Operations Review






YTD 2017

Q3 2017

Q2 2017

Q3 2016






Mining





Ore mined, tonnes(1)

1,688,000

383,000

654,000

672,000

Waste mined, tonnes

10,979,000

4,126,000

3,739,000

2,446,000

Strip ratio, (using tonnes)

6.5

10.8

5.7

3.6






Processing





Ore Milled, tonnes

1,713,000

524,000

590,000

510,000

Zinc feed grade, %

6.0

6.8

5.3

5.8

Copper feed grade, %

0.9

1.0

0.8

1.0

Recovery, % of zinc(2)

67.8

74.0

62.2

59.1

Recovery, % of copper(3)(4)

39.2

33.4

51.6

-

Zinc concentrate grade, %(5)

42.1

42.0

41.5

41.3

Copper concentrate grade, %(4)

17.6

17.8

17.4

-

Zinc in concentrate produced, millions of pounds

152.7

57.8

43.0

38.6

Zinc in concentrate produced, tonnes

69,300

26,300

19,500

17,500

Copper in concentrate produced, millions of pounds(4)

13.9

4.0

5.7

-

Copper in concentrate produced, tonnes(4)

6,300

1,800

2,600

-

Payable zinc in concentrate sold, millions of pounds(6)

130.6

43.4

34.3

21.2

Payable zinc in concentrate sold, tonnes(6)

59,200

19,800

15,400

9,600

Payable copper in concentrate sold, millions of pounds

10.8

3.1

7.7


Payable copper in concentrate sold, tonnes

4,900

1,400

3,500


(1)

Ore tonnes mined in the three and nine months ended September 30, 2017 included 381,000 and 1,618,000 tonnes of primary ore, respectively (three months ended September 30, 2016 – 643,000) and 2,000 and 70,000 tonnes of supergene ore, respectively (three months ended September 30, 2016 – 29,000).

(2)

This represents the overall combined zinc recovery from the zinc flotation circuit (and when bulk concentrate is produced in the copper circuit).

(3)

This represents the copper recovery from the copper flotation circuit only, and excludes copper recovered to bulk concentrate.

(4)

Operating statistics related to recovery as a percentage of copper, copper concentrate grade, and copper in concentrate produced, were not meaningful during Q3 2016.

(5)

This represents combined concentrate grade for both zinc and bulk concentrates.

(6)

Sales of zinc in concentrate recorded during Q3 2016 consisted entirely of pre-commercial production. Receipts from the sales of pre-commercial production were credited against mineral property, plant and equipment, net of costs of sale.



Bisha's strip ratio increased in Q3 2017 as mining benches, walls and faces in the Bisha main pit were re-established to better prepare for a planned increase in mining rate and a more efficient mining schedule for 2018 onwards. This lower mining rate (compared with previous quarters) and mining pattern schedule is expected to continue and be finished by the end of Q4 2017.

The lower mining rate in Q3 2017 and resulting in-pit primary ore mill feed shortfalls led to trials and campaigns of a portion of the previously stockpiled boundary material with high zinc quantities but with minor activated copper quantities. This resulted in better than expected zinc recoveries and zinc production but disappointing, although not unexpected, lower copper production. The Company is encouraged by these recent results with particular focus now applied to investigating approximately 30 percent of the boundary ore stockpiles for future zinc-only processing. The Company is still uncertain if the metallurgical performance from these recent boundary material trials can be consistently achieved for the remaining material as these stockpiles are not homogenous with known variations in grades and mineralogy, and may have been subject to detrimental oxidation during surface stockpiling.

Most importantly, the skilled team of employees and external consultants at the Bisha Mine continue to make meaningful progress with the primary ore metallurgy rectification program. The program focusses on minor plant modifications, reagent trials, water treatment options, and oxidation and grind size analyses. The Company still expects to achieve 70% recovery of copper to copper concentrate and 77% recovery of zinc to zinc concentrate over the primary reserve life. The Company remains committed with critical expert resources to upgrading the quality of its copper and zinc concentrates to enhance marketability and to realise better commercial terms.

[ooy]

Nevsun Announces Updated PEA for Timok Upper Zone Copper Project With a US$1.5 Billion NPV and a 50% IRR
Canada NewsWire

VANCOUVER, Oct. 26, 2017

VANCOUVER, Oct. 26, 2017 /CNW/ - Nevsun Resources Ltd. (TSX:NSU) (NYSE MKT: NSU) (Nevsun or the Company) today announced the results of the updated Preliminary Economic Assessment ("PEA") for the high grade Timok Upper Zone project in Serbia ("Timok Project" or "Project"), one of the world's best undeveloped copper projects. All economic values are in 2017 US dollars unless indicated otherwise.

Timok Upper Zone Project PEA Highlights

15 year mine life producing over 2.1 billion pounds or 0.96 million tonnes of payable copper
Sub-level cave mining with 3.3 million tonnes per annum conventional plant producing copper concentrate
After tax NAV of $1.5 billion at flat $3.00 per pound copper and 8% discount rate
$630 million in pre-production capital with 50% IRR and under 1.5 year payback
Located in an established mining jurisdiction supportive of new mining investment
Strong project economics support a wide range of financing alternatives
Upside potential from on-license exploration and gold in pyrite concentrate
Next steps: PFS and exploration decline start in Q1 2018 followed by FS in H1 2019
Nevsun CEO Peter Kukielski commented, "The PEA demonstrates the extremely compelling economics of the Timok Upper Zone project. Nevsun is in a unique position in the industry with a 100% ownership of a high grade, high return copper project in a well-established mining jurisdiction."

Mr. Kukielski continued, "For now, we remain focused on further defining the project capital cost and execution plan through robust front-end engineering. Additional detailed design and metallurgical test work is ongoing ahead of the pre-feasibility study and we now plan to break ground on the exploration decline in Q1 2018. We are working with the Serbian government on permitting with the objective to start production in 2021."

CFO, Ryan MacWilliam continued, "Nevsun's strong balance sheet with $151 million in cash, no debt, Bisha cash flow and strong front-end cash flow from Timok, puts the Company in a strong position to finance the project build."

The PEA includes an additional 36,639 meters of infill drilling, an updated mineral resource estimate, a mining method based upon numerous tradeoff studies, additional metallurgical test work, process plant and infrastructure engineering and a new marketing study. Further work during the pre-feasibility study ("PFS") due in Q1 2018 and the feasibility study ("FS") expected in H1 2019 will further define the project and optimize costs for the construction and operation phases of the project.

Permitting of the exploration decline ("Exploration Decline") is in the final stages and we expect to break ground in Q1 2018.

This PEA was compiled and project managed by SRK (Vancouver) with input from SRK (Cardiff), Knight Piesold (Vancouver), Bluequest (Zug) and Ausenco (Toronto).

An NI43-101 Technical Report that summarizes the results of the PEA and incorporates a revised mineral resource statement will be filed within 45 days on SEDAR and on the Company's website.

The PEA is considered preliminary in nature and includes inferred mineral resources that are considered too speculative geologically to have economic considerations applied to them that would enable them to be categorized as mineral reserves. There is no certainty that the PEA will be realized. In the modelled mine material about 18% of the contained copper is inferred mineral resources, for which quantity and grade or quality are estimated on the basis of limited geological evidence and sampling which is sufficient to imply but not verify geological and grade and/or quality continuity. Mineral resources that are not mineral reserves do not by definition have demonstrated economic viability.

PEA Summary and Economic Analysis
Table 1: Economic and Operational Summary
M = million

Metal Price Assumptions
Life of Mine ("LOM")
Copper Price US$ per pound
$3.00
Gold Price US$ per ounce
$1,300
Capital Requirements

Initial Capital Requirement
$630 M
Life of Mine Sustaining Capital
$342 M
Closure Costs
$58 M
Operating Costs

Mining
$18.57 per tonne
Processing, Waste & Water Management
$10.06 per tonne
G&A
$2.37 per tonne
Total Site Costs
$31.00 per tonne
C1 Cash Cost
$1.02 per pound
C3 Cash Cost
$1.59 per pound
Production Summary

Total Mill Feed
42.1 M tonne
Diluted Copper Feed Grade
2.6 %
Diluted Gold Grade
1.7 gram per tonne
Diluted Arsenic Grade
0.13 %
Annual Mine Production
3.3 M tonne per annum
Life of Mine ("LOM")
15 years
LOM Copper Recovery
92 %
LOM Gold Recovery
31 %
LOM Copper Bulk Concentrate Grade
22.5%
LOM Gold Bulk Concentrate Grade
4.8 gram per tonne
LOM Arsenic Bulk Concentrate Grade
1.1%
Payable Copper
2,105 M pounds
Payable Gold
569,000 ounces
Project Economics – After Tax

NPV (8% Discount Rate)
$1,473 M
Internal Rate of Return
50%
Payback (from start of processing)
1.4 Years
Cumulative Cash Flow
$2,810 M


Table 2: Total LOM Revenue, Costs and Cash Flows

Project Parameter
LOM Total (M)
Total Gross Revenue
$7,055
Transportation, Refining & Penalties
-$1,578
Net Smelter Return ("NSR")
$5,477
Royalties
-$274
Site Operating Costs
-$1,306
Capital Costs (pre-production, sustaining & closure)
-$1,030
Project Cash Flow (Pre-Tax)
$2,867
Note: totals may not match sum of individual items due to rounding


The corporate income tax rate is 15%. The project is expected to benefit from a 10-year tax holiday provided in the current Corporate Income Tax Law in Serbia and applicable to major investments in the country. Serbia has a 5% net smelter return ("NSR") royalty and various payroll and other taxes to generate revenue. The Project capital excludes two staged payments due to Freeport McMoRan ("Freeport"): $45M payable upon earliest of (i) build decision on the Upper Zone, (ii) access to any orebody for direct ship material; and $50M payable to Freeport upon achievement of commercial production and up to $12.5 million to be paid to Freeport out of Project cash flow.

Project economics are most sensitive to metal prices as demonstrated in the sensitivity analysis below.

Table 3: After-Tax NPV and IRR Sensitivity to Copper Price


-15%
$2.55 per pound
Base Case
$3.00 per pound
+15%
$3.45 per pound
After-Tax NPV (M)
$1,001
$1,473
$1,945
IRR (%)
41%
50%
58%
Payback (Years)
1.6
1.4
1.2


Initial and Sustaining Capital Estimate

Initial pre-production capital expenditures are estimated at $630M. The Project initial pre-production capital consists of underground and surface infrastructure and facilities required prior to start of operations. Approximately 37% of the total initial capital is associated with underground development and underground infrastructure, which includes the Exploration Decline, ventilation raises, over 22 kilometers of initial underground development, the first primary crusher, material conveyor system and purchase of underground mining equipment. Another 33% of the total initial capital is associated with the surface facilities and infrastructure, which include the construction of the processing plant, water management system, initial phase of the Tailings Storage Facility ("TSF") and other supporting and ancillary surface infrastructure typically required at a mine site. The remaining 30% of the total initial capital is associated with owner costs, which includes land acquisition and total project contingency.

The sustaining capital is estimated at $400M and includes $58M in closure costs. This total includes $158M for mine development and underground infrastructure spending that includes installation of a second lower underground crusher and conveyor as the mine deepens. $124M is required to sustain the process plant, power supply facilities, waste management facility expansions and other site infrastructure sustaining costs.

Table 4a: Initial Pre-Production Capital and Sustaining Capital Breakdown

Capital Cost Summary
Initial
Capital (M)
Sustaining
Capital (M)
Total
Capital (M)
Underground ("UG") Mine Development
$165
$120
$285
Underground Mine Infrastructure
$70
$38
$108
General Surface Infrastructure
$24
$15
$39
Process Plant
$112
$51
$163
Waste Management/TSF
$68
$57
$125
Site Water Management
$3
$1
$4
Owner Costs
$70
-
$70
Contingency
$102
$60
$162
Capitalized Operating Cost
UG development prior to processing Startup
$15
-
$15
Closure
-
$58
$58
Total Capex
$630
$400
$1,030
Note: totals may not match sum of individual items due to rounding


Table 4b: Pre-Production Capital and Sustaining Capital Schedule

Year
Initial
Capital (M)
Sustaining
Capital (M)
2018
$62
-
2019
$178
-
2020
$262
-
2021
$127
$17
2022
-
$34
2023
-
$31
2024
-
$54
2025
-
$20
2026
-
$37
2027
-
$31
2028
-
$22
2029
-
$18
2030
-
$12
2031
-
$20
2032
-
$23
2033
-
$9
2034
-
$8
2035
-
$2
2036 - 2039
-
$60
LOM Total
$630
$400


Operating Cost Estimate

Onsite operating costs are expected to average $31.00 per tonne milled with offsite operating costs estimated to average $37.46 per tonne milled excluding the Serbia government royalty for the LOM.

Table 5: LOM Operating Costs

Operating Cost ("Opex")
Total (M)
$ per tonne
Milled
Mining
$782
$18.57
Processing, Water & TSF
$424
$10.06
G&A
$100
$2.37
Subtotal Onsite Opex
$1,306
$31.00
TC, RC, Penalties & Transport
& Transport
$1,578
$37.46
Royalties
$274
$6.50
Subtotal Offsite Opex
$1,852
$43.96
All-in Opex
$3,158
$74.96
Note: totals may not match sum of individual items due to rounding


Mining Design Details

This PEA is based on a Sub Level Caving ("SLC") mining method. SLC is applicable through a wide range of geotechnical conditions and is typically used in massive, steeply-dipping orebodies with considerable strike length as at the Timok Project. An added benefit is the variable high grades near the top of the deposit are blended through the caving process.

Table 6: Material Milling Plan By Year

Year
Material Mined
= Milled
(000 tonne)
Cu (%)
Au
(gram
per
tonne)
As (%)
Contained Metal
Cu (000
tonnes)
Au (000
ounces)
2021
488
6.2
4.29
0.18
30.2
67
2022
2,711
5.5
3.80
0.16
149.2
331
2023
3,193
4.6
2.99
0.17
147.4
307
2024
3,250
4.3
2.93
0.16
138.5
306
2025
3,229
3.7
2.33
0.16
118.2
242
2026
3,216
3.0
1.77
0.17
96.3
183
2027
3,148
2.4
1.54
0.15
75.2
156
2028
3,197
2.1
1.47
0.13
67.5
152
2029
3,142
1.8
1.15
0.12
55.2
116
2030
3,165
1.5
0.94
0.10
48.7
95
2031
3,181
1.4
0.80
0.10
44.5
82
2032
3,048
1.3
0.69
0.10
39.3
68
2033
2,867
1.2
0.61
0.11
35.3
56
2034
2,072
1.1
0.57
0.10
23.6
38
2035
1,844
1.1
0.48
0.11
20.1
29
2036
375
1.0
0.10
0.03
3.7
1
LOM Total
42,124
2.6
1.65
0.13
1,093
2,229
Note: totals may not match sum of individual items due to rounding


Selective mining and semi-selective mining methods were reviewed and not carried forward in this PEA for the following reasons:

Selective mining, such as drift and fill, was not suitable because the current Mineral Resource drill spacing (25 meters by 25 meters) does not provide sufficient certainty of grade consistency or distribution within the higher grade cutoffs of the ultra-high grade material ("UHG"). However, the current Mineral Resource drill spacing does allow higher confidence at lower grade cutoff grades for bulk mining methods such as SLC.

Semi-selective mining methods such as Sublevel Open Stoping ("SLOS") were rejected due to the high variability of the geotechnical conditions within the orebody. The presence of the UHG near the top of the orebody means that stope stability requirements would require stopes that were too small to set up and mine practically.

It should also be noted that both selective and semi-selective methods require more waste material for backfilling than would be generated by the milling operation. Backfill material would then need to be acquired from secondary sources increasing cost.
The total LOM dilution is higher for SLC than selective and semi-selective mining methods, however the SLC method does allow conversion of higher tonnages of minable material from the Mineral Resource due to lower unit mining costs and hence lower cut-off grade. The dilution profile over the vertical height of the orebody ranges from 7% at the top to over 30% near the bottom with a LOM average of 27%. During the PFS and FS process, a further review of the SLC draw strategy to decrease dilution will be undertaken, as there are successful benchmarked SLC operations that experience as little as 10% to 15% dilution.

The underground mine will be developed in three phases:

The Exploration Decline consists of twin 5 meter x 5 meter ramps which will be driven straight for approximately 2,800 meters to 400 meters below the surface. This Exploration Decline will serve as the main access, egress and material haulage ramp for the mine. Exploration Decline construction is expected to take up to two years to complete. Once at depth, the upper portion of the orebody will be drilled perpendicular to the current drilling. This drilling will increase geotechnical knowledge and tighten up the existing mineral resources drill density.

Mine infrastructure and development including the first underground primary jaw crusher about half way down the orebody which will support production for the first 7.5 years. This Phase will begin upon receipt of the Exploitation License from the bottom of the Exploration Decline.


Sustaining mine infrastructure development which provides access to lower production levels and a second jaw crusher at the bottom of the orebody which will be utilized for the final 7.5 years of the mine life.
LOM material will be transported to surface by a staged underground conveyor system connecting to an overland conveyor to the process plant.

Primary ventilation consists of a push/pull system with a fresh air raise and a return air raise (RAR). Both raises will be installed using raise bore techniques from access off the Exploration Decline.

Mine dewatering will be conducted by a series of pumps. The water balance predicts moderate inflow to the underground from groundwater which will average between 25 to 30 liters per second over the life of mine. The dewatering design capacity is 60 liters per second to accommodate groundwater inflows and service water from mine operations.

The mining cost estimates were generated using first principles development costs and associated support for the forecast ground conditions. Labour and development costs were benchmarked on operating mines within Eastern Europe.

Metallurgical Testing Details

The metallurgical test work performed during this PEA study further expanded upon prior work done in 2015 and 2016 where basic parameters were established for a conventional copper flotation process and flowsheet. For this PEA, the focus of the metallurgical work was optimization of the established flowsheet and variability testing.

Optimization test work, performed at SGS-Lakefield (SGS), targeted the flotation conditions to separate the different copper species and maximize recovery of metals while also maintaining the quality of concentrates. This program generated additional concentrate samples to be used to investigate other metallurgical opportunities for the project at a scoping level, such as pyrite-gold recovery options and arsenic reduction options for copper concentrates.

The variability program, also at SGS, tested the response of varying flotation conditions when fed with differing samples. A parallel program was initiated in Serbia with the Mining and Metallurgy Institute in Bor, to confirm results being generated at SGS.

Processing Design Details

The copper mineralogy consists primarily of covellite and enargite. The mineralization also contains significant amounts of pyrite, accounting for approximately 45% of total tonnage. The process plant design is based on key inputs from the metallurgical test work programs, the mine production plan, and industry best practices, including benchmarking of similar copper-gold concentrators.

The process plant has been designed to treat an average of 8,900 tonnes per day, equivalent to 3.25M tonnes per annum. The plant will produce a single bulk concentrate and a gold bearing pyrite rougher concentrate ("Rougher Pyrite") which will be stored in a dedicated pyritic tailings storage facility, a separate compartmentalized subset of the larger Tailings Storage Facility ("TSF"). This tailings design preserves the potential to profitably monetize gold contained in the Rougher Pyrite by further processing it to either a saleable pyrite-gold concentrate or to extract the contained gold at site. Approximately two thirds of gold contained in the mined material over the life of mine reports to the Rougher Pyrite.

Table 7: PEA Bulk Concentrate Grades and Recoveries

Material Type
Cu
Grade
Years
Recoveries
Cu Concentrate
Grade (% Cu)
Cu
Au
As
High Grade
> 6%
1
94%
34%
84%
29%
Medium High Grade
4 - 6%
2 to 4
94%
35%
94%
25%
Medium Low Grade
2 - 4%
5 to 8
92%
27%
93%
20%
Low Grade
< 2%
9 to 15
87%
27%
82%
20%


The processing flowsheet is considered conventional and consists of primary underground crushing; underground conveyors; overland conveying to the processing plant; coarse material storage bins; SAG and ball mill comminution circuit; copper flotation comprising of rougher flotation, regrind, and three stages of cleaning; copper concentrate thickening and filtration; and pyrite rougher flotation. Other supporting systems to the process plant and site are included and generally consist of reagents storage and distribution; effluent treatment; water services which include fresh, fire, service, and process water systems; compressed air services; concentrate storage and handling; grinding media storage and addition; and plant control rooms.

The capital cost estimate for the processing facilities was prepared by Ausenco Canada. Pricing for major process equipment such as the primary crusher, SAG mill, ball mill, regrind mill, flotation cells, thickeners, and concentrate filters were obtained through budgetary quotations sent to multiple suppliers per each quotation package. The remainder of process equipment and facilities have been sized/selected for this project's specific requirements and priced based on benchmarks. Similarly, major discipline quantities such as earthworks, concrete, and steel have been priced based on drawings and unit rates benchmarked to project location and jurisdiction. A similar approach was used for the labour rates and productivities assumed in the buildup of the cost estimate. In general, this estimating approach meets and exceeds expectations for a typical PEA level study.

Though the basis of this PEA is production of a single bulk concentrate, the robust flowsheet is flexible and allows the option to produce two copper concentrate products, instead of a single concentrate, with relatively minor additions of flotation equipment. In the two concentrates scenario, a clean concentrate less than 0.5% arsenic and a complex concentrate greater than 0.5% arsenic would be produced. Which concentrate is produced will be subject to the market conditions for complex concentrate at that time, but the flexibility is key to manage off-site realization costs.

Tailings Storage Facility Details

Knight Piesold Ltd. Vancouver ("KP") developed a long-term tailings storage strategy, including initial starter dams construction, future expansion stages and tailings deposition plan, to manage all deposition streams and water management structures based on the proposed mine development plan.

The proposed waste and tailings management system consists of two separate Tailings Storage Facilities ("TSF"): Bulk TSF, where final tailings of copper concentrator are deposited; and Pyritic TSF, where the Rougher Pyrite is deposited for potential future processing. The Pyritic TSF has both the basin and embankment fully lined with High Density Polyethylene ("HDPE"), while the Bulk TSF has a clay liner in the basin and the upstream face of embankment lined with HDPE.

PEA level cost estimates were developed for construction and closure of the TSF and water management structures using generated material quantities by the study design and benchmarked unit cost rates and productivity data from similar facilities in comparable jurisdictions.

Environmental, Permitting and Reclamation Details

The Project has contracted Dvoper Ltd, the Belgrade based subsidiary of a Croatian environmental permitting consulting firm, to support permitting and ERM, a global environmental consulting company, to perform environmental impact assessment work. ERM has subcontracted part of that work to Envico, a Belgrade based environmental and permitting consultant ("ERM/Envico"). ERM/Envico are also supporting environmental permitting.

The Project permitting process is on two separate and parallel tracks. The first permitting track involves obtaining approval to start development of the Exploration Decline and the associated surface based supporting infrastructure at the portal site. This permit is expected imminently with Exploration Decline construction starting in Q1 2018. The other permitting effort focuses on those permits required to develop and operate the balance of the Project facilities, including the remainder of the underground mine development, the mineral processing facilities, TSF and other supporting infrastructure.

Since acquisition in June 2016, an International Finance Corporation ("IFC") aligned land acquisition program has been underway in the project area under an incentivized willing seller, willing buyer approach. To date, the Company has acquired 28% of the total estimated lands for the project. The Company has already acquired enough lands in the Exploration Decline area to enable immediate construction once the permits have been issued. Ongoing cooperation with government entities is well underway regarding the acquisition of state-owned properties in the Project area. Given the rural and recreational component of the lands required for this project, less than ten physical and economic relocations will need to be undertaken.

Closure work is being led by ERM/Envico and the closure criteria were aligned with international best practices for closure and rehabilitation.

Product Marketing and Logistics Details

A preliminary marketing review of the Project's anticipated copper concentrates indicates that the material has a low deleterious element composition except for arsenic. As such, the Company assumed for purposes of this PEA it will market to copper smelters and traders capable of processing or blending higher arsenic copper concentrates (referred to generally as "complex" copper concentrates). Higher treatment and refining charges along with arsenic penalties will be incurred to compensate buyers for managing this more complex concentrate. However, the Company believes all of the Project's copper concentrates will be marketable and sales can be made at acceptable terms in line with the market for complex concentrates. Any future relaxation of current arsenic import limits on copper concentrates to China may materially improve commercial terms and represent an upside to the Project.

In terms of logistics, the Project site is favourably situated for export logistics and early investigations with regional rail operators, road authorities and port facilities, demonstrate diverse, viable road and rail options to transport concentrates to inland smelters and Black Sea port terminals for overseas shipments.

For this PEA, the realization costs shown in the table below are based on SRK's reliance of the Company's own views and experience with the copper concentrate market supplemented by a detailed marketing report prepared by Bluequest Resources AG, a specialist in marketing elevated arsenic content concentrates.

Table 8: LOM Realization Costs

LOM Realization Cost Assumptions
$ Amount
Treatment Charges
$157 per dry metric tonne of concentrate
Refining Charges
$0.157 per payable Cu pound
Penalties (Arsenic related)
$40 per dry metric tonne of concentrate
Transport and Other Selling Costs
$83 per dry metric tonne of concentrate
TC, RC, Penalties, Transport & Selling Costs & Transport
$1,578 M


Future studies will further investigate the potential to improve the Project's overall net smelter return by marketing two separate grades of concentrates, a "clean" copper concentrate with a low level of arsenic and a complex copper concentrate with relatively higher level of arsenic verses a single bulk concentrate with a blended level of arsenic as assumed in this PEA.

Mineral Resource Estimate

All drilling data available for the Project as of April 24, 2017 was made available to SRK (UK). In comparison with the previous March 2016 mineral resource estimate, the new database includes an additional 52 exploration and resource drill holes resulting in an additional 36,639 meters. The total drilling as of April 24, 2017 consists of 180 holes for 100,338 meters.

The summary Resource Statement for the Project is shown below.

Table 9: Summary Updated Timok Upper Zone Mineral Resource Statement (as at April 24, 2017)

Category (all domains)
Tonnes
Grade
Contained Metal
M
% Cu
g/t Au
% As
Cu, M
tonnes
Au, M
ounces
Measured
2.2
8.6
5.7
0.29
0.19
0.40
Indicated
26.6
3.3
2.1
0.20
0.87
1.8
Total Measured and Indicated
28.7
3.7
2.4
0.20
1.05
2.2
Inferred
13.9
1.6
0.9
0.06
0.23
0.42
Note: totals do not match sum of individual items due to rounding. See full table and notes at end of this news release. Qualified person Martin Pittuck SRK UK


When compared to the previous March 2016 Timok Upper Zone Mineral Resource estimate, a significant portion of the Inferred Resource ("Inferred") was converted to Indicated Resource ("Indicated"). The resulting contained copper in the Indicated category increased some 350% from 0.2 to 0.9 million tonnes and contained gold some 200% from 0.6 to 1.8 million ounces. In addition, 2.2 million tonnes of previously Indicated resource was upgraded to the Measured Resource category, at a grade of 8.6% copper and 5.7 g/t gold.

SRK considers that the key changes result from a combination of the following factors:

metal converted to Measured and Indicated, primarily due to new infill drilling confirming the overall continuity of the geology and mineralization, typical grade distribution and average grades within better drilled areas of the deposit;

reduction in geological continuity outside of interpreted fault boundaries, which impacts on the margins of the highest grade mineralization;

refinement from infill drilling to the distribution of medium to high grade layering within parts of the massive sulphide domain;

the lower volcano-sedimentary breccia domain postulated in the previous model has been re-interpreted, based on new drilling information; instead, low grade copper in covellite mineralization continues to depth, constrained by more competent, unmineralized andesite; and

change in the cut-off approach from using copper grade to Resource NSR ("RscNSR") value and elevation limit which has added low grade material at depth.
The complete resource table with notes is included at the end of this news release.

[dosto]

Antwort auf Beitrag Nr.: 56.036.412 von rolleg am 26.10.17 20:14:00

ja, da hat Nevsun zu ackern.

Produktionsbeginn:2021
cashflow wirds wohl erst 2022 geben.

172 Mill in der Kasse
Mining earning nicht gerade besonders im Moment. Immer noch hohe
Capex Kosten, da kommen dann die nächsten 3 Jahre je 200 Mill für
Serbien dazu.

Leider kein Short, da so zu tief gefallen.
Allerdings stufe ich die Aktie als -langweilig- ein.

Zu viel zu tun- zu lange Zeitstrecke.

Da kann man nur Gewinne an der Aktie konsequent einziehen.

[rolleg]

Antwort auf Beitrag Nr.: 56.042.613 von dosto am 27.10.17 15:03:56

Ja, Capex ist recht hoch... Die PEA scheint aber trotzdem gut anzukommen - Nevsun legt ~ 16% zu im Moment

[Boersiback]

Antwort auf Beitrag Nr.: 56.045.808 von rolleg am 27.10.17 20:45:25

die PEA ist auch stark.
die lower Zone gibts zudem auch noch.
ärgert mir immer noch dass ich nicht vor jahren in reservoir rein bin.
hatte die story lange verfolgt.

Nevsun an für sich ist in summe natürlich ein langweiler.
dafür später mal umso spannender.
minenbau birgt natürlich auch immer seine risiken.
aber viel zu erzählen gibts bei dem wert nicht.
wobei wir auf jahre gesehen hier eher am unten rand sein sollten.
mehr wie 5 CAD geb ich aber auf jahre hier auch nicht an bewertung
beim jetzigen kupferpreis

[senna7]

Antwort auf Beitrag Nr.: 56.045.808 von rolleg am 27.10.17 20:45:25

Zitat von rolleg: Ja, Capex ist recht hoch... Die PEA scheint aber trotzdem gut anzukommen - Nevsun legt ~ 16% zu im Moment

der Dosto weiß halt auch nicht alles - er basht halt gerne und gegen alles !!!

Ich möchte ja zugern mal eine Aktie von Ihm hören wo nach seiner Sicht Zukunft hat und wo er investiert .... aber da les ich nie was ....

[Popeye82]

Antwort auf Beitrag Nr.: 56.046.408 von senna7 am 27.10.17 22:46:30

Ich möchte ja zugern mal eine Aktie von Ihm hören wo nach seiner Sicht Zukunft hat und wo er investiert .... aber da les ich nie was ....
_____________________________________________________________________



gibt Es -m.E.-schon, aber da erzählt Er nicht soviel darüber.
der Mann weiss schon EIne Menge, inklusive dass Es nicht nur Auswahl ausmacht, sondern auch Zeitpunkt.

[Boersiback]

Antwort auf Beitrag Nr.: 56.062.268 von Popeye82 am 30.10.17 22:46:17

Zeitpunkt ist eh alles...
die wenigsten aktien sind konstante bringer. nicht nur in diesem sektor.

ja, wenn schon immer rumgemotze, soll er doch mal schriben was ihm gefällt und er kauft... ausser china mobile und cisco hör ich da nix, obwohl er sicher viel rummacht bei den minern.
allein die vola ist halt der hammer. so schnelle vervielfacher kriegst sonst nirgends.
andersrum auch nicht so schnelle rohrkrepierer natürlich

[Popeye82]

Antwort auf Beitrag Nr.: 56.062.358 von Boersiback am 30.10.17 23:06:37

ich will Nix sagen,
aber Herr Dosto denkt das "Spiel" -m.E.-schon 2,3(...........??)Schritte weiter

[dosto]

Das Spiel wird doch total langweilig werden.

Nev sun muß die Zeit bis 2020 füllen und ob das die jetzige Mine bewerkstellen kann.
Man wird sehen.
Cash von Ende 2016 bis Endeseptember von
267 Mill C $ auf 189 gefallen.

Da ist jetzt kein Platz mehr für Sperenzchen. Hier gehts zur Bank oder in die KE.
An den organischen cashflow aus der Min e glaube ich nicht.

[Boersiback]

Antwort auf Beitrag Nr.: 56.067.164 von dosto am 31.10.17 18:20:13

ich auch nicht.... bzw nicht mehr.
sinnvoll wär´s die divi einzustampfen in den nächsten jahren.
vermutlich wär´s für den kurs vielleicht nicht die beste variante aber fürs unternehmen.

[tntxrxwelle]

Antwort auf Beitrag Nr.: 56.067.284 von Boersiback am 31.10.17 18:39:02

M.E. wird sich hier verhoben. Bisha läuft mäßig + anstatt den schrittweisen Abbau bei Timok nun mit fettem 630 Mio. $ capex. Hier wird bis 2021 nur Geld verbrannt.
Die einzige Fantasie derzeit, ist eine Übernahme.

[rolleg]

Gold and Base Metal Companies Are on This Expert's Shopping List
https://www.streetwisereports.com/article/2017/11/11/gold-an…

..."Strong Report on Timok

Nevsun Resources Ltd. (NSU:TSX; NSU:NYSE.MKT US$2.35) released its preliminary economic assessment (PEA) on the Timok upper zone, acquired from Reservoir Minerals a year ago. With a 15-year mine life, it is scheduled to produce 1.1 billion pounds of copper in its first four years, and 2.1 billion for the life of mine. (Grades decline significantly toward the end of the mine life.)

The economic projections are strong: The project has a net asset value of $1.5 billion, after tax, at an 8% discount rate. Nevsun bought Reservoir for the equivalent of $365 million. The project, with an initial capex of $360 million and a payback of less than 1.5 years, it has a very robust IRR of 50%. The numbers are based on $3/lb copper and $1,300/oz gold; copper is currently just above, and gold just below these prices. The capex number excludes two payments that have to be made to Freeport, $45 million on a build decision and $50 million on achievement of commercial production.

Significantly, Nevsun believes there is potential for expansion of the resource, including more high-grade mineralization ("geologically, there should be," said CEO Peter Kukielski).

Looking ahead to next steps

The next step is to further define the costs and execution plan in order to lower the execution risk. Already, the company says it is using conservative numbers; "we don’t feel that there's a lot of risk that the numbers might change in a negative fashion," said Kukielski. A preliminary feasibility study (PFS) is scheduled for the first quarter of 2018, with production to start sometime in 2021.

This was a very strong, though not unexpected, PEA. Otherwise, Nevsun reported an increase in volume and decline in costs for zinc, but weak copper production at its Bisha mine in Eritrea. The company has $150 million in cash.

We are holding Nevsun. If we did not own, we would be looking for opportunities to buy."...