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Nevsun's Bisha Mine expansion project on schedule, under budget

Jan. 21, 2016 10:43 AM ETNevsun Resources Ltd. (NSU-OLD) StockBy: Carl Surran, SA News Editor6 Comments
  • Nevsun Resources (NYSEMKT:NSU-OLD +2.1%) says its Bisha Mine zinc expansion project is on schedule and expects total costs will come in at ~$80M, under its $100M budget.
  • NSU says the overall project is more than 90% complete, with the structural, mechanical, piping and plate work 98% complete.
  • NSU expects Bisha to produce on average 225M lbs. of zinc and 53M lbs. of copper in concentrate per year through 2025.

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