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NSU

Nevsun Resources

$2.99

-0.04 (-1.32%)

07:52
10/04/16
10/04
07:52
10/04/16
07:52

Nevsun Resources declares commercial production for zinc expansion at Bisha Mine

Nevsun Resources announced that the Bisha Mine in Eritrea has declared commercial production for the zinc expansion with the successful commissioning of its new zinc flotation plant effective October 1. Since commissioning commenced in June the existing copper circuit and the new zinc circuit have produced approximately 40,000 tonnes of commercially saleable zinc concentrate. Throughout September, the processing plant has operated consistently in a manner intended by the Bisha Mine, achieving targeted metrics for plant throughput, including successful mechanical and electrical operations, with the production of saleable bulk and zinc concentrates. The transportation logistics from the mine site to the Massawa port continue to function well and the Bisha Mine has made three ocean shipments of concentrate in September for sales totalling approximately $21M.

NSU Nevsun Resources
$2.99

-0.04 (-1.32%)

12/04/15
RAJA
12/04/15
DOWNGRADE
RAJA
Market Perform
Nevsun Resources downgraded to Market Perform from Outperform at Raymond James
12/04/15
12/04/15
DOWNGRADE

On The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: American Residential Properties (ARPI) downgraded to Market Perform at FBR Capital... Analog Devices (ADI) downgraded to Equal Weight from Overweight at Barclays... CSX (CSX) downgraded to Neutral from Buy at BofA/Merrill... ChinaCache (CCIH) downgraded to Neutral from Buy at Rosenblatt... Cooper Companies (COO) downgraded to Neutral from Overweight at JPMorgan... Genesee & Wyoming (GWR) downgraded to Underperform from Neutral at BofA/Merrill... GoPro (GPRO) downgraded to Neutral from Outperform at Baird... Heartland Express (HTLD) downgraded to Neutral from Buy at Longbow... Immunomedics (IMMU) downgraded to Market Perform from Outperform at Wells Fargo... Kansas City Southern (KSU) downgraded to Underperform from Neutral at BofA/Merrill... Knight Transportation (KNX) downgraded to Neutral from Buy at Longbow... Macy's (M) downgraded to Neutral from Buy at Goldman... Nevsun Resources (NSU) downgraded to Market Perform from Outperform at Raymond James... Orexigen (OREX) downgraded to Market Perform from Outperform at Wells Fargo... Polaris Industries (PII) downgraded to Underperform following checks at Longbow... Sandvik AB (SDVKY) downgraded to Underweight from Neutral at JPMorgan... Swift Transport (SWFT) downgraded to Neutral from Buy at Longbow... Symantec (SYMC) downgraded to Hold from Buy at Argus... Toro Company (TTC) downgraded to Neutral from Buy at Longbow... Union Pacific (UNP) downgraded to Neutral from Buy at BofA/Merrill.
02/29/16
SCOT
02/29/16
DOWNGRADE
SCOT
Sector Perform
Nevsun Resources downgraded to Sector Perform from Outperform at Scotiabank
Scotiabank downgraded Nevsun Resources to Sector Perform due share price appreciation.
04/27/16
RBCM
04/27/16
UPGRADE
RBCM
Outperform
Nevsun Resources upgraded to Outperform from Sector Perform at RBC Capital

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