Corporate Social Responsibility is a key component of Nevsun’s strategy. The Bisha Mine continues to be an international and national success story. We are proud of the fact that the economic benefits from the Bisha Mine are being shared by both our shareholders and the Eritrean people. It is what we promised when we reached our first mining agreement with the Eritrean Government back in 2007.
2014 Operational Highlights
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2014 Revenue
$555 Million
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Average realized copper price per pound
$3.02
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2014 Net Income
$93 Million or $0.47 per share
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Annualized Dividend
$0.16 per share
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Successful exploration program
27,300 metres drilled
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1,230 Employees
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21 Million+ Hours
Without a lost time injury (3 years)
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Training
Accelerated training and personal development for local Eritreans
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Progress
Commenced progress on zinc processing facility over 30% complete
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196 Million Pounds
of copper in concentrate at a cash cost of $1.05 per payable pound of copper
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About Nevsun
Nevsun Resources Ltd. (“Nevsun”) is headquartered in Vancouver, Canada. The Bisha Mine initially went into commercial gold production in early 2011 and transitioned to commercial copper production in December 2013. It will add zinc concentrate production capability, commencing in mid-2016.
About This Report
Nevsun aims to demonstrate our continued commitment to provide an ongoing, transparent, and assembled account of our sustainable economic, social, and environmental practices and performance.