Type Public limited company Industry Mining Headquarters United Kingdom | Traded as LSE: ASA Website www.asaukplc.com Founded 1987 | |
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Predecessor Mwana Africa
African Gold Stock price ASA (LON) 1.92 GBX +0.02 (+1.05%)22 Mar, 5:36 PM GMT - Disclaimer Subsidiaries Bindura Nickel Corporation, Sibeka | ||
Asa Resources Group is a mining company based in Johannesburg and London. According to its website, it is the first African-owned and African-managed business to be listed in the Resources sector of the London Stock Exchange's Alternative Investment Market. Asa was founded in 1987.
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Current affairs
The firm had a poor financial performance in 2013 with losses totalling $42.5 million, more than $35 million more than the previous year. This was due to a $43.7 million impairment charge for its Bindura Nickel Corporation operations in Zimbabwe.
In October 2013, Asa appointed Yim Chiu Kwan as its finance director.
Operations
Asa's products include gold, nickel, copper, zinc, cobalt and, more recently, diamonds and petroleum. Major mining operation interests as of 2007:
By country
Companies
Asa maintains a corporate office in South Africa; the company is progressively expanding its operations by acquiring extant mining companies.