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Sunridge Gold Brightens Asmara's Economics
Norther Mines 2013-05-16
Sunridge Gold (SGC-V) has outlined stronger economics in the feasibility study for its prized Asmara copper-zinc-gold project project in Eritrea, outshining last year’s prefeasibility study (PFS).
The latest study envisions mining Asmara’s four deposits— Emba Derho, Debarwa, Gupo Gold and Adi Nefas—...
Sunridge Gold Announces $837 Million Net Present Value Feasibility Study For The Asmara Project, Eritrea
Vancouver, British Columbia CANADA, May 16, 2013 (Filing Services Canada via COMTEX) — Sunridge Gold Corp. (sgc:TSX.V/SGCNF),is pleased to announce the completion and positive results of an independent feasibility study (the "Study") by lead engineer SENET (Pty) Ltd....
In Nevsun’s FootstepsSunridge Gold Aims for 2015 Gold-Silver-Copper-Zinc Production in Eritrea
Kevin Michael Grace
Asmara coreshack: Asmara is “a VMS district we’ve had to ourselves.”
Sunridge Gold Corp V.SGC announced April 10 that the feasibility study of its Asmara Project in Eritrea is on schedule for completion in early May. The study is being...
April 19, 2013
Nevsun Releases 2012 Corporate Social Responsibility Report
Nevsun Resources Ltd. (TSX: NSU / NYSE MKT: NSU) (Nevsun or the Company) today announces the release of its 2012 corporate social responsibility report.
Highlights of the Report
Safety record: zero accidents and zero harm;
Employees: fair treatment, benefits, satisfaction, training centre, human rights;
Nevsun Posts 1Q Bisha Output – Analyst Blog
Nasdaq | By Zacks.com, April 11, 2013
Canadian gold miner Nevsun Resources Ltd. ( NSU ) has unveiled first-quarter 2013 production results from its Bisha mine in Eritrea, East Africa. The company produced 42,000 ounces of gold in the quarter, at par with its expectations. Nevsun expects to produce 80,000 to 90,000 ounces of gold from the mine...
April 10, 2013
VANCOUVER, British Columbia, Apr 10, 2013 (BUSINESS WIRE) — Sunridge Gold Corp. (the "Company") (sgc:TSX.V/SGCNF) is pleased to announce that the Asmara Project Feasibility Study (the "Study") is on schedule for completion as planned in early May. The Study is being conducted by lead engineer Senet (Pty)...
Nevsun Announces Q1 2013 Bisha Operating Results
April 09, 2013
VANCOUVER, BRITISH COLUMBIA–(Marketwired – April 9, 2013) -
Q1 2013 Operating Highlights
Gold production – 42,000 ounces, in line with guidance
Ore mined – 475,000 tonnes
Waste mined – 1,925,000 tonnes
Milled – 432,000 tonnes at 4.14 g/t gold and 79% recovery
Nevsun Resources Ltd. (TSX:NSU)(NYSE...
Last year marked the second year of production at Nevsun Resources (NSU-T, NSU-N) 60%-owned Bisha mine in Eritrea and already its balance sheet is the envy of many companies in the industry.
Nevsun ended 2012 with US$396 million in cash and no debt after posting record revenues of US$566 million and cash costs of US$312 per oz. gold sold, inclusive of royalties....
Produced 313,000 ounces of gold in 2012, exceeding the top end of guidance
Revenues of $566 million, with average realized gold price per ounce of $1,671
Cash cost of $312 per ounce of gold sold, inclusive of royalties
Generated $194 million in cash flow from operations
by Deborah Bacal | proactiveinvestors.com
The Canadian listed junior company says it has now commissioned Fladgate Exploration Consulting to complete an initial resource estimate on the gold oxide zones at Kodadu. Once completed, Kodadu will be the sixth resource on the Asmara project.
Ocean Equities says that Sunridge Gold's (CVE:SGC) (OTCQX:SGCNF) drilling at the Kodadu...