Bisha Mine

Overview

Bisha Mine Location

Bisha Mine Location

Bisha is a large, high-grade volcanogenic massive sulphide (VMS) deposit located 150km west of Asmara, Eritrea, East Africa. The Bisha Mine benefits from high grade base metal reserves, strong support of the Government of Eritrea and an advantageous location with good local road and port infrastructure.

The ≈$250 million Bisha Mine was constructed on-time and under budget from 2008 to 2010. Processing oxide ore, the mine produced low-cost gold-silver doré until mid-2013. Through a $110 million copper expansion project, also delivered on time and under budget, throughput expanded to 2.4 Mtpa supergene ore and the product switched to copper concentrate.

Zinc Expansion Project: In mid-2016, the flotation capacity will be expanded again to produce zinc concentrates in addition to the copper concentrates from primary ore. The budget for this project is ≈$89 million, fully funded from operating cash flow.

For more on production forecasts and profile, please see payable production.

The Bisha Main deposit is located within the Bisha Mining License and the Harena satellite deposit lies in a separate Mining License 6 kilometers south, connected by a flat unsealed road. Bisha Main and Harena currently make-up 100% of the mineral reserves for Bisha. See the latest presentation for maps and location details.

Click here for details on Resource and Reserves.

The Bisha VMS District remains underexplored and holds strong potential for expanding mineral resources and reserves for the Bisha mill. For more details see the Exploration page.

The State of Eritrea has a 40% interest in the Bisha Mine through the Eritrean National Mining Company (ENAMCO), 30% of which it bought from Nevsun prior to initial construction. As a result, ENAMCO contributed 33% of the initial build capital and, as a partner with Nevsun, has been integral to the success of the Bisha Mine. For more see About Eritrea.

Bisha Mine and Plant

Bisha is mined using conventional drill and blast open pit mining techniques to remove waste and deliver ore to the run-of-mine (ROM) stockpile. See photo gallery for latest pit and mining operations pictures.

Mined ore is reclaimed from the ROM stockpile and fed to the conventional single stage crushing/SAG/ball mill comminution circuit. The copper flotation plant is a conventional circuit with rougher, cleaner, and regrind. Copper concentrate is thickened through dewatering and stockpiled at the minesite concentrate storage pad prior to land transport to the port and subsequent shipment to the various smelters. Hydraulic tailings are placed in the lined tailings management facility (TMF).

Power is provided to the Bisha plant by a fleet of dedicated diesel generators managed by Aggreko. Water is sourced from pit de-watering, the tailings pond and from local well fields.

Concentrate Export Infrastructure

Concentrate is being exported using a proven system with industry leading environmental controls. At present, copper concentrate is loaded from the mine site stockpile into custom sealed shipping containers and transported to the port of Massawa by truck. The sealed containers of approximately 35 tonnes each including the weight of the container, are stockpiled in Massawa at the container port facilities awaiting bulk ship arrivals. The Rotainer crane system then discharges the containers through a tipping 360 degree rotation into the hold of the bulk vessels and the empty containers are returned to Bisha for re-loading. The bulk vessels deliver the concentrate to copper smelters worldwide typically in 11,000 tonne parcels.

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Resources & Reserves

The Bisha Main deposit is a high grade VMS deposit. It is configured in three distinct layered zones - a 35 meter thick surface gold-silver oxide zone (mined out in mid-2013) immediately overlying a copper enriched supergene zone which itself overlies a primary sulphide zone containing both zinc and copper, and which remains open at depth.

See deposit configuration and payable production estimates below.



Mineral Reserves (Bisha and Harena)

Effective December 31, 2014

  Total Reserves (Proven & Probable)
  Tonnes
(1000's)
Copper
%
Zinc
%
Gold
g/t
Silver
g/t
Oxide 199 - - 8.5 206
Supergene 3,535 3.68 0.03 0.60 23
Primary 21,572 1.08 5.66 0.70 45
Total Probable Reserves 25,306

Mineral Reserves are defined within a mine plan, with phase designs guided by Lerchs-Grossman (LG) Pit Shells, generated using metal prices for copper, zinc, gold and silver of $2.90/lb, $1.00/lb, $1160/oz, $18.50/oz respectively.

For more details resources and reserves including assumptions, please click here.



Mineral Resources

Effective December 31, 2014

    Indicated Inferred
    Tonnes
(1000's)
Copper
%
Zinc
%
Gold
g/t
Silver
g/t
Tonnes
(1000's)
Copper
%
Zinc
%
Gold
g/t
Silver
g/t
Oxide                    
  Bisha 180 - - 9.2 - 500 - - 5.1 23
  Harena 20 - - 2.5 25 100 - - 4.2 33
  Northwest - - - - - 500 - - 3.7 18
  Hambok - - - - - 20 - - 1.5 17
  Total 200 - - 7.8 3 1,120 - - 3.9 21
Supergene                    
  Bisha 2,540 3.0 - 0.6 20 1,100 1.1 - - 1
  Harena - - - - - - - - - -
  Northwest 1,020 1.5 - 0.2 10 100 0.8 - 3.7 19
  Hambok - - - - - - - - - 0
  Total 3,560 2.6 - 0.5 17 1,200 1.1 - 0.3 3
Primary                    
  Bisha 22,000 1.1 5.8 0.7 46 1,900 1.0 5.4 0.5 38
  Harena 3,220 0.8 3.8 0.5 27 6,400 1.1 3.7 0.6 38
  Northwest 2,530 1.0 1.1 0.3 13 100 0.9 0.9 2.9 15
  Hambok 6,860 1.1 1.9 0.2 10 2 0.9 0.2 0.2 8
  Total 34,610 1.1 4.5 0.5 35 8,402 1.1 4.1 0.6 38
Total Resources 38,370 10,722

Mineral Resources are defined within an optimal Lerchs-Grossman (LG) Pit Shell, generated using metal prices for copper, zinc, gold and silver of $3.35/lb, $1.15/lb, $1335/oz, $21/oz respectively using blocks of all Resource categories.

For more details on mineral resources, including assumptions, please click here.

A full description of the Bisha mineral resource and metallurgy may be found in the Company's Technical Report.

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Deposit Configuration

3D Model - Bisha   Interactive Cross Sections
 

Payable Production

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Technical Reports

March 2014
  Bisha Technical Report - 43-101- effective December 31, 2013

 

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