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Bindura Nickel Corporation

BNC smelter upgrade important short-term focus for Mwana Video Available

Mwana Africa CEO Kalaa Mpinga
The most important short-term focus for Aim-listed Mwana Africa’s Bindura Nickel Corporation (BNC), in Zimbabwe, was to get the operation’s smelter running once again, CEO Kalaa Mpinga said on Wednesday. BNC owned and operated the Shangani and...
29th January 2014

Freda Rebecca production down 25% as result of mill unavailability

Multicommodity miner Mwana Africa on Monday reported that gold production at its Freda Rebecca gold mine, in Zimbabwe, declined by 25% quarter-on-quarter to 13 072 oz for the three months ended December, owing to a mill being temporarily...
20th January 2014

Mwana revenue up as BNC delivers

The restart of Bindura Nickel Corporation's (BNC’s) Trojan mine in April offset lower revenue from the Freda Rebecca mine, Aim-listed Mwana said on Wednesday. Mwana generated a 7% higher group revenue for the interim period to September,...
11th December 2013

Freda Rebecca Q2 production up 19%

Multicommodity miner Mwana Africa on Thursday reported that gold production at its Freda Rebecca gold mine, in Zimbabwe, increased 19% quarter-on-quarter to 17 536 oz for the three months ended September 30, as a result of increased mill...
24th October 2013

Wellesley-Wood appointed Mwana Africa chairperson

Aim-listed Mwana Africa last week announced the appointment of Mark Wellesley-Wood as nonexecutive chairperson of the company with immediate effect, subsequent to the resignation of Oliver Baring.
13th September 2013

Bindura Nickel unveils new mine plan for Trojan mine

Aim-listed Mwana Africa’s 76.5%-owned Bindura Nickel Corporation (BNC) on Tuesday unveiled a revised mine plan for its Trojan mine in Zimbabwe following the completion of an internal review. The mine plan had been revised to target higher-grade...
13th August 2013

Mwana widens FY loss after $43.7m BNC impairment charge

Aim-listed Mwana Africa widened its loss in the 2013 financial year to $43.5-million, compared with a loss of $6.7-million in 2012, after incurring a $43.7-million impairment charge for its Bindura Nickel Corporation (BNC) operations, in Zimbabwe....
31st July 2013

Mwana lifts Q1 production as Freda Rebecca recovers from tank failure

Multicommodity miner Mwana Africa has lifted quarter-on-quarter output from its flagship Freda Rebecca mine by 18%, producing 14 716 oz of gold for the first quarter of 2014, confirming the Zimbabwean operation’s recovery from a leach tank...
23rd July 2013

Mwana’s BNC considering new mine plans to improve cash flow

Aim-listed Mwana Africa’s 76.5%-owned Bindura Nickel Corporation (BNC) mining operation, in Zimbabwe, is examining alternative mine plans with the objective of improving short-term cash flow and reducing its funding requirement. Mwana Africa...
16th July 2013

Trojan ships first ore after four-year shutdown

Aim-listed Mwana Africa’s 52.9%-owned subsidiary Bindura Nickel Corporation this week shipped the first ore out of the newly restarted Trojan nickel mine. The Zimbabwe-based mine, which had been idled over the past four years, had trucked the...
18th April 2013
SRK Consulting

SRK geared up to spur Africa’s growth

Decades of investment in local skills and experience has established SRK Consulting – a leading international network of consulting engineers and scientists – as a major force offering sustainable solutions to the natural resources sectors...
25th January 2013

Mwana invests $21m in BNC through rights issue

Aim-listed Mwana Africa on Monday said it would proceed with the underwriting of its 52.9%-owned subsidiary Bindura Nickel Corporation’s (BNC’s) rights issue. The proceeds of the rights issue would be used to fund the restart of BNC’s Trojan...
3rd September 2012
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