Rahul Sharma (Editor)

Bindura Nickel Corporation

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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.

Contents

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.

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.
  • References

    Bindura Nickel Corporation Wikipedia