Bindura Nickel Corporation
Bindura Nickel Corporation (BNC) (ZSE: BIND) is a mining company based in Zimbabwe's Mashonaland Central. Bindura operates mines and a smelter complex in the area of Bindura, Zimbabwe. BNC is operated and majority-owned Mwana Africa plc, an African multinational mining company based in Johannesburg. BNC is listed on the Zimbabwe Stock Exchange. The chairman of the company is Mr. K. Mpinga.
Current affairs
A $43.7 million impairment charge for Bindura Nickel Corporation’s operations in Zimbabwe resulted in huge losses for its parent company, Mwana Africa in 2013. The losses totalled $42.5 million, more than $35 million more than the previous year.[1]
Operations
Mines
- Shangani Mine
- Trojan Mine
Products include nickel, copper and cobalt.
Smelter
- The Bindura Smelter and Refinery Complex is located south of the town of Bindura. The smelter produces nickel cathodes, copper sulphide and cobalt hydroxide.
See also
References
- ↑ Mwana widens FY loss after $43.7m BNC impairment charge, South Africa: Mining Weekly, 2013
External links
- Bindura Nickel Corporation @ Mwana Africa plc
- "Bindura Nickel Corporation 2007 annual report". African Financials.
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