Welcome to the Bisha Mining Share Company.
Bisha Mining is an Eritrean company formed for the development and operation of the Bisha Mine in western Eritrea. It is owned by Nevsun Resources Ltd. (60%) and the Eritrean National Mining Corporation (ENAMCO) (40%).
The Bisha Project is a fully financed and permitted high-grade gold, copper and zinc deposit with production having commenced in February 2011. The Bisha Project has received continuous support from the Eritrean government, who granted the Company's mining license in January 2008. The project is positioned to become the first modern day mine in this NE African country, with production projected to return payable metals of:
1.14 Million Oz GOLD | 11.9 Million Oz SILVER | 821 Million Lb COPPER | 1,373 Million Lb ZINC
The Bisha Mine will be a low-cost gold producer for the first two years and a low-cost, high-grade copper and zinc producer for the remaining 13 year mine life. Further resource potential exists at depth and from nearby discoveries within the Company's licensed areas.
