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Search results: Bindura Nickel Corporation (BNC)
Tagwirei’s Sotic completes BNC takeover
Shares worth Z$3.43 billion were traded in Bindura Nickel Corporation (BNC) on Tuesday, as Mauritius-based commodity company Sotic International completed the takeover of Zimbabwe’s biggest nickel producer.The bulk deal comprised 22 trades in 926.8 million shares...
Will BNC benefit from the EVs Story?
Governments and advocates of cleaner environments are pushing for it and platinum producers are having nightmares about it; “The shift towards New Energy Vehicles (EVs)”.Some governments have also declared their intention to grow the share of...
BNC further defers publication of annual financial report
LOCAL nickel producer, Bindura Nickel Corporation (BNC), has announced a further extension regarding publication of financial results for the year ended March 31, 2020 by two weeks.The company was expected to have published the financial statement...
BNC Bets On New Shareholders
Listed mining concern, Bindura Nickel Corporation (BNC), is banking on new shareholders to complete all current projects and turn around the company’s fortunes.The development comes after Asa Resources concluded the sale of its controlling interest in...
Increase forex retention – BNC
Bindura based Nickel producer Bindura Nickel Corporation (BNC) says the Reserve Bank of Zimbabwe must allow mining companies to retain at least 80% of their export earnings in foreign currency as they spend a lot of...
BNC pleads for raise in forex retention
BINDURA Nickel Corporation (BNC) says it is lobbying for the increase of foreign currency retention up to 80 percent citing inadequacy of the foreign currency as substantial amount of money is being directed towards dedicated power...
Tagwirei rumoured new owner of BNC
Asa Resources has concluded the sale of its controlling interest in Bindura Nickel Corporation (BNC), the country’s largest nickel producer said in a statement Tuesday.BNC said the buyer of Asa’s controlling 74.13% stake is “a Zimbabwean...
Chinese mining group exit Zimbabwe
Chinese mining and exploration group ASA Resources Group says it is tying up a deal to sell-off its shareholding in Bindura Nickel Corporation (BNC), which will see it exit the Zimbabwean market.ASA operates Freda Rebecca, the...
VFEX to host Mining listing masterclass next month
In an endeavour to encourage small to medium mining companies to list on the stock exchange to raise capital for the achievement of the US$12 Billion mining industry by 2023, the Victoria Falls Stock Exchange will...
Chinyemba, Rukweza appointed BNC Directors
Victoria Falls Stock Exchange (VFEX) listed nickel producer Bindura Nickel Company (BNC) has appointed Simbarashe Chinyemba and Innocent Rukweza as Non-Executive Directors, the company chairman Muchadeyi Masunda has said.
Chinyemba is currently the acting Chief Executive Officer...