Mining

Eritrea: Nevsun appoints Peter Tam as Finance Vice-President and reinforces executive team on Bisha project

Monday, 23 November 2015 07:39

Nevsun Resources Ltd, the Canadian listed company operating on the world-class Bisha copper project in Eritrea, announced on November 18, it has reinforced its executive team by appointing Peter Tam as finance vice-president.

Tam comes to the Toronto-New York listed mining company with more than 20 years of experience. He is “an excellent additional asset for our Vancouver team and will be an integrated pillar for our growth,” says Nevsun’s CEO Cliff Davis.  

This coincides with Nevsun working towards exploiting, starting from mid-2016, the zinc plant which is part of its zinc producing framework in the Bisha project which produced about 196 million pounds of copper concentrates in 2014.

Graduate of the University of British Columbia, Peter Tam was chief financial officer at Elgin Mining but held various other positions including finance vice-president at Aura Minerals and treasurer at Thompson Creek Metals Company.

Nevsun Resources Ltd holds 60% interest shares in the Bisha project, a mine located at 150 km West of Asmara, ranked among the main open pits with high copper concentration worldwide and having a licence that covers 121 Km2.

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