Mwana Africa Plc (Mwana) founder and chief executive Kalaa Mpinga has resigned with immediate effect after the recent boardroom changes at the Zimbabwe-based nickel and gold miner.Yat Hoi Ning, the ne...
AIM-listed Africa-focused resources group, Mwana Africa Plc (Mwana), has appointed Yat Hoi Ning as its interim chairman.Ning, who takes over from Stuart Morris who retired last week Friday, will - wit...
Mwana Africa's Freda Rebecca recorded a 14 percent decline in production for the third quarter ending December 2014 as the average feed grade fell 16 percent below the second quarter.Although tonnes m...
London Stock Exchange listed mining giant Mwana Africa PLC says it will continue operating in Zimbabwe despite unfriendly operating environment for businesses."The single biggest challenge to operate ...
Shares of Pan-African multi-commodity mining firm, Mwana Africa plc, climbed 18 percent in this morning's trading on the London Stock Exchange after reporting a profit in its fiscal 2014, mainly on st...
The steady tick up of the share price of Mwana Africa over the last six months mirrors a stream of steady positive news flow reported by the company this year.The firm, which operates the Freda Rebecc...
MWANA Africa will require at least $26,5 million to restart its smelting plant at Bindura Nickel Corporation, the Pan African mining company announced yesterday.Based on the independent study by Hatch...
MWANA Africa has revealed it is looking for debt financing to fund the reopening of its Zimbabwe nickel smelter and refinery to benefit from rising metal prices.Restarting the Bindura Nickel smelter ...
Investment intelligence company, Edison Independent Investment Research, has upgraded its valuation of Mwana Africa on the back of better production at units Freda Rebecca and Bindura Nickel Corporati...
Mwana Africa Plc (Mwana) is set to regain $47,3 million it had written off on Bindura Nickel Corporation (BNC)'s non-current assets over viability concerns of the Zimbabwe-based unit, an investment in...
Mwana Africa says it has achieved major milestones in terms of operations and the financial performance of its Zimbabwe subsidiaries and this is reflecting in the group's share price. The London Alter...
Mwana Africa Plc, the parent company of Bindura Nickel Corporation and Freda Rebecca, has sacked non-executive board chairperson Mark Wellesley-Wood amid suspicion he was an agent for a hostile takeov...
Mwana Africa Plc, a producer of nickel, gold and diamonds, plans to reopen a smelter in northeastern Zimbabwe to refine platinum-group metals in a move that could ease pressure to build a new refiner...
Mwana Africa's cash cow, Freda Rebecca, registered a decline in output after a total of 13 072 ounces were produced during the quarter, representing a decrease of 25 percent over the previous quarter....
Mwana Africa's Nickel production rose 76 percent to 2 651 tonnes at Trojan Mine, a unit of Mwana Africa's 75,4 percent owned Zimbabwe Stock Exchange listed Bindura Nickel Corporation, compared to the ...
MWANA Africa is expecting a profit of $3,5 million in 2014 after it revised its earnings from an initial loss forecast of $14,5 million on the strength of its subsidiary Bindura Nickel Corporation's n...
Business ReporterMwana Africa Plc has raised $2,8 million through a subscription and placing of shares, taken up by existing and new shareholders, to accelerate development of its mining projects.The ...
Mwana is pleased to announce that it has raised approximately US$3.2 million (£2.1 million) through a subscription of 130,254,717 new ordinary shares by existing shareholders of the Company at a pric...
PAN African resources group Mwana Africa has appointed Mr Mark Wellesley-Wood as non executive chairman.He takes over from Mr Oliver Baring whose resignation was announced on Monday.Mwana said Mr Well...
MWANA Africa Plc executives have agreed to a 50 percent pay cut as the pan-African multi-commodity mining company bids for $5 million in annual savings.The Alternative Investment Market listed mining ...
Mwana Africa has written off Bindura Nickel Corporation's non-current assets on concerns over viability of the subsidiary’s operations, plunging the AIM-listed group into a humongous loss. In a stat...