MINING & RETAIL

Chrome, nickel rebound

NICKEL and chrome rebounded in the first three months of the year, buoyed by recovering international prices, the Reserve Bank of Zimbabwe (RBZ) has said.Latest central bank data indicates that nickel...

By Staff reporter | Published: 05 July 2018

MINING & RETAIL

Bindura Nickel Corporation seeks toll deals

BINDURA Nickel Corporation (BNC) says it has begun scouting for third party producers to process their concentrate under toll manufacturing deals at its soon to be completed $26,5 million smelter at T...

By Staff reporter | Published: 14 December 2017

MINING & RETAIL

Bindura Nickel Corporation profits up 46%

Listed mining concern, Bindura Nickel Corporation (BNC), has posted a $2,23 million profit after tax in the half year to September representing a 46,8 percent increase from $1,18 million reported in ...

By Staff reporter | Published: 10 December 2017

MINING & RETAIL

Nickel price slump worries BNC

BINDURA Nickel Corporation (BNC) says volatile world nickel prices would continue to affect the company's operations after the US$12 000 per tonne rally of September again dipped to slightly over US$1...

By Staff reporter | Published: 05 October 2017

MINING & RETAIL

$26m for BNC smelter

Bindura Nickel Corporation (BNC) Limited says it requires about $26 million to restart its smelter project, expected to improve payability and profits.Speaking at an analyst briefing on Monday, BNC fi...

By Staff reporter | Published: 15 July 2014

MINING & RETAIL

Bindura Nickel Corp in re-birth!

BINDURA Nickel Corporation's long road to recovery, which included five difficult years under care and maintenance, culminated in a strong return to profitability, thanks in part to the firming intern...

By Staff reporter | Published: 15 July 2014

MINING & RETAIL

Raptor Resources finalises plans for Zim nickel mine

United States-based Raptor Resources Holdings has finalised its plan to develop its green field nickel and copper mineral claims in Shamva, the company confirmed yesterday. Raptor Resources is a minin...

By Staff reporter | Published: 09 July 2014

MINING & RETAIL

BNC projects higher profits

BINDURA Nickel Corporation Limited taxed profit is expected to be higher for the second half of the financial year ended March 31 2014 due to the improvement of output at Trojan Mine.In statement, the...

By Staff reporter | Published: 16 June 2014

MINING & RETAIL

BNC targets increase in nickel production

Bindura Nickel Corporation is targeting a 42 percent increase in nickel production within the next two years as the company intensifies efforts to restart its smelter shut down during the hyperinflati...

By Tinashe Makichi | Published: 29 May 2014

MINING & RETAIL

Trojan Mine production up 76%

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 ...

By Business reporter | Published: 21 January 2014

MINING & RETAIL

Bindura Nickel returns to profitability

Bindura Nickel's revenue for the six months to September amounted to $21.4 million after the mine sold 2,191t of nickel concentrate according to unaudited results for the interim period published by p...

By Staff reporter | Published: 11 December 2013

MINING & RETAIL

Bindura Nickel Corp overcomes financial woes

BINDURA Nickel Corporation may now be looking ahead to developing and maximising returns from its Hunters Road resource, smelting and refinery assets after eventually overcoming its financial woes fol...

By Staff reporter | Published: 19 November 2013

MINING & RETAIL

Bindura Nickel Managing Director steps down

The Board of Directors of Bindura Nickel Corporation announced that, taking effect from 11th November 2013, unless otherwise indicated, Mr. D.E.H. Murangari steps down as Managing Director on retireme...

By Staff reporter | Published: 11 November 2013

ANNOUNCEMENTS

BIND | 28% increase in ore reserves at Trojan Nickel Mine

Bindura Nickel Corporation Limited is pleased to announce the completion of a competent person's review by SRK Consulting (UK) Limited ('SRK') of its Business Plan for the re-start of operations at Tr...

By BIND | Published: 08 October 2013

MINING & RETAIL

BNC to seal $4,5m finance deal

BINDURA Nickel Corporation is reportedly close to sealing the $4,5 million bridging finance facility with unnamed domestic banks for the second phase of the restart of Trojan Mine.Expectations had bee...

By Business reporter | Published: 01 October 2013

MINING & RETAIL

Bindura Nickel Corp targets profitability

BINDURA Nickel Corporation is projecting to attain a cash positive position by the end of next month after overcoming its immediate funding requirements.The projection is contained in the firm's finan...

By Business reporter | Published: 10 September 2013

ANNOUNCEMENTS

Bindura Nickel Corporation - Notice of AGM

Shareholders are notified of the 47th AGM of members of BNC to be held at Chapman Golf Club, Samora Machel Avenue East, Harare on Thursday, 19th September 2013 at 9:30 am for the purpose of transactin...

By BNC | Published: 28 August 2013

MINING & RETAIL

Bindura Nickel Corp capital hunt on course

Bindura Nickel Corporation has said its plans to raise a $5 million debt funding to finance Trojan Mine are on course despite liquidity constraints on the market.The mining concern in a statement yest...

By Business reporter | Published: 14 August 2013

MINING & RETAIL

Bindura Nickel Corp raises red flag

BINDURA Nickel Corporation warned of potential material uncertainty on its status as a going concern if it fails to obtain short-term bridging finance and execute a revised mining plan. Africa's only ...

By Business Reporter | Published: 01 August 2013

LATEST PUBLISHED REPORTS

BIND | Unaudited results for FY ended 31 Mar 13

BIND | Unaudited results for FY ended 31 Mar 13Financial Highlights:- Turnover: $ 1 026 083- Gross loss: $ (5 819 131)- Operating loss: $ (13 097 369)- Loss before taxation: $ (12 954 836)- Loss after...

By BIND | Published: 30 July 2013

BUSINESS NEWS

Gono's RBZ ordered to return $1 million to Trojan NIckel Mine

IN a landmark ruling likely to open floodgates against the Reserve Bank of Zimbabwe, the High Court has ordered the central bank return to Trojan Nickel Mine Limited bank account over US$1 million i...

By Court reporter | Published: 10 June 2013
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