About Nevsun Resources

Website
Website
Employees
Employees
11-50 employees View all
Industry
Industry
Mining & Metals
Location
Location
760-669 Howe Street,Vancouver,BC,CA
Description
Information
Nevsun Resources Ltd. is the 100% owner of the high-grade copper-gold Timok Upper Zone and 60.4% owner of the Timok Lower Zone in Serbia. The Timok Lower Zone is a partnership with Freeport-McMoRan Exploration Corporation ("Freeport"​) which currently owns 39.6% and upon completion of any feasibility study, Nevsun Resources Ltd. will own 46% and Freeport will own 54%. Nevsun generates cash flow from its 60% owned copper-zinc Bisha Mine in Eritrea. The Company is well positioned with a strong debt-free balance sheet to grow shareholder value through advancing Timok to production.

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