BRIEF-Nevsun targets 2014 copper production of 180 to 200 mln pounds

Wed, 29 Jan - 9:59pm

Jan 29 (Reuters) - Nevsun Resources Ltd NSU.TO :

* 2014 outlook and production guidance

* Says targets 2014 production of 180 to 200 million pounds of copper

* Says bmsc plans to produce between 180 and 200 million pounds of copper in

concentrate in 2014

* Effective March 31, 2014, the company will increase the frequency of

dividends so as to pay quarterly instead of semi-annually

* Says bmsc will advance its zinc expansion project through 2014, with a target

start-up in Q4 2015

* Says current $0.14 annualized dividend is expected to be paid at $0.035 per

share each quarter

* Says looks forward to strong free cash flow and earnings from bisha in 2014

* Source text for Eikon News Search ID:nPn76HR8H

* Further company coverage NSU.TO ((Bangalore Newsroom; +1 646 223 8780))

URN: 
urn:newsml:reuters.com:20140129:nASA08OGW:10
Topics: 
US RES CMPNY CA COM PREC MINE METL BLR LEN RTRS PREMTL BACT MIN DIV GDM RESF BMAT MTAL AMERS

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