VANCOUVER, May 4, 2017 /PRNewswire/ - Nevsun Resources Ltd.
(TSX: NSU) (NYSE MKT: NSU) (Nevsun or the Company) is pleased to
announce the release of its 2016 Corporate Social Responsibility
(CSR) Report titled "Core Growth". All dollar values are in
US dollars.
2016 CSR Highlights
- Safety record: Zero Lost Time Injuries
- Timok Project: Ongoing implementation of Nevsun CSR policies
and ethical standards into growing Timok development team and
commenced environmental and social impact assessment baseline study
work
- Economic: Distributed $269
million in economic value in Eritrea ($78
million to local suppliers, $53
million in taxes and royalties and $16 million in dividends)
- Employees: Increased training for Eritreans by 19% over the
prior year
- Environment: Spent $1.1 million
on community and environmental management programs at Bisha
- Human Rights: Continued progress on key human rights actions
that reflect evolving international best practices
- Community: Completed three community infrastructure projects
near the Bisha Mine to enhance local water supply
"CSR is a cornerstone of how we run our business. We applied our
corporate values in Eritrea at the
Bisha Mine and nearby communities. In 2016, the Timok Project
implemented a Stakeholder Engagement Plan (including a formal
external grievance mechanism), a Community Investment Policy, and
is investing heavily in our Social and Environmental Impact
Assessment of the Timok project. We have made sustained progress
across the CSR spectrum in 2016. These activities not only support
our commitment to our core values, but help maintain our social
license to operate," stated Cliff
Davis, CEO of Nevsun.
The Global Reporting Initiative (GRI) Sustainability Reporting
Guidelines continue as the basis of this Report, which is in
accordance with the 'Core' criteria option of the fourth generation
(G4) Framework.
To view the report, please visit
http://www.nevsun.com/responsibility/reporting/.
About Nevsun Resources Ltd.
Nevsun Resources
Ltd. is the 100% owner of the high-grade copper-gold Timok
Upper Zone in Serbia and 60% owner of the high-grade copper-zinc
Bisha Mine in Eritrea. Nevsun is
well positioned with a strong debt-free balance sheet to grow
shareholder value through advancing the Timok project to
production.
NEVSUN RESOURCES LTD.
"Cliff T. Davis"
Cliff T. Davis
President & Chief Executive Officer
SOURCE Nevsun Resources Ltd.