April 11 (Reuters) - Canadian gold miner Nevsun Resources reported higher
first-quarter production from its Bisha mine in Eritrea, helped in part by
higher grades in portions of its stockpile.
For the quarter, the company produced 82,000 ounces of gold, up from 75,000
ounces of gold a year ago.
The company also sold 83,080 ounces of gold in the quarter, up from 72,500
ounces a year ago.
Nevsun still expects to produce 190,000 to 210,000 ounces of gold this year.
Shares of the company closed at C$3.51 on Tuesday on the Toronto Stock
Exchange.
C Thomson Reuters 2012 All rights reserved
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Received on Wed Apr 11 2012 - 16:33:16 EDT
