четверг, 31 октября 2013 г.
Nevsun Resources (TSE:NSU) (NYSE MKT:NSU) says the commissioning of its new Bisha copper plant in Er
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Nevsun Resources is a gold and base metal explorer/developer with a focus on developing mining projects in Africa. Nevsun is currently focused on advancing its high grade gold, copper travel labels hawaii and zinc Bisha Project in Eritrea.
The Bisha mine in Eritrea, operated by Nevsun's 60-per-cent owned subsidiary Bisha Share Mining Company, is thought to be one of the highest grade open pit base metal deposits in the world and has a mine life in excess of 12 years.
Nevsun Resources (TSE:NSU) (NYSE MKT:NSU) says the commissioning of its new Bisha copper plant in Eritrea is progressing well, with commercial production of copper concentrate now expected before the end of this year.
The company, which is transitioning travel labels hawaii to a majority copper producer from a gold producer, said Wednesday that the flotation plant throughput is now approaching 70% of its 2014 plan, while copper recoveries are now approaching 80% of the plan for next year.
The Bisha mine in Eritrea, operated by Nevsun's 60-per-cent owned subsidiary Bisha Share Mining Company, is thought to be one of the highest grade open pit base metal deposits in the world and has a mine life in excess of 12 years. It is forecasting production of 200 million pounds of copper in 2014, after commissioning for the copper plant began in June of this year, which was followed by the production of lower grade copper-gold-silver concentrate in August.
The company has since seen a steady improvement in plant stability, travel labels hawaii it said, as it cautiously advances the project, making some minor plant design modifications as well as plans for tank repairs in 2014 after some initial issues somewhat reduced throughput. Nevsun said the cost of these fixes has not been significant relative to its investment, with capital for the copper plant completion still "well below budget".
The entire front end of the plant, travel labels hawaii consisting travel labels hawaii of crushing and grinding circuit, as well as the back end of the plant, which includes tailings travel labels hawaii thickening and discharge, is the same as used during the gold phase of production, and accordingly no commissioning was required, Nevsun said.
The remainder of commissioning travel labels hawaii activities in 2013 will focus on increasing throughput and improving recoveries and concentrate grades, with the company now anticipating commercial production before year-end, as compared to its previous forecast of early next year.
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