bindura nickel corporation nickel sales down 31 percent

  • Bindura Nickel Corp overcomes financial woes

    BINDURA Nickel Corporation may now be looking ahead to developing and maximising returns from its ... respectively estimated under the old plan while sales totalled 1 505 tonnes from 604,23 tonnes initially forecast in the original plan. ... Proven and probable reserves increased 27,8 percent to 3,168 tonnes at 1,04 percent nickel, containing ...

  • Stainless Steel Market Prices and news

    Grand theft at the top turning Zim into a tsotsiocracy Between 2007 and 2008, a mining house Mwana Africa sourced $8 million for its Zimbabwean mining operation, Bindura Nickel Corporation (BNC). more

  • ZIMBABWE MONTHLY ECONOMIC REVIEW African

    have dragged down the gold price as India is among the leading importers of gold. ... in 2012 to 31.21 percent in 2013. The African ... Bindura Nickel Corporation, also announced that nickel concentrate sales increased by 119 percent from 1,264.71 tonnes

  • Bindura Nickel Corporation revenue up to $45 million

    Bindura Nickel Corporation (BNC) recorded a 7 percent increase in revenue to $45.1 million in the full year to March from $42.3 million in the prior year, on increased production and sales volumes despite a fall in nickel prices. BNC, part of the Asa Resources group, said nickel production increased by 2 percent to 6 762 tonnes from

  • BNC Nickel Sales Jump 32 Percent Mining Zimbabwe

    BINDURA Nickel Corporation nickel in concentrate sales jumped 32 percent to 1 971 tonnes in the second quarter to September 2016, on

  • Topic Bindura Nickel Corporation Mining Weekly

    Jun 30, 2017· By: Creamer Media Reporter 1st December 2014 Bindura Nickel Corporation (BNC), a subsidiary of Mwana Africa, will issue a $20-million bond to help fund the restart of its Bindura nickel smelter ...

  • Nickel Monthly News For The Month Of August 2018

    The name NCM 811 refers to a battery content of 80 percent nickel, 10 percent cobalt and 10 percent manganese." ... in a difficult operating environment Sales in the Nickel division were up 17% ...

  • BNC smelter restart project now 83% complete

    During the financial year ended March 31 2017, Nickel production increased by 2% year on year to 6 762 tonnes from 6 621 tonnes. Nickel sales tonnage increased to 6 705 t from 6 613 t during the year whereas revenue increased

  • Bindura Nickel spends US$7 million on new equipment

    Mwana Africas Bindura Nickel Corporation has spent US$7 million in acquiring new equipment and refurbishing existing machinery as the company seeks to grow its business. ... This resulted in a 23% drop in mill head grade with recoveries down 2% than in September as a result of the lower nickel head grade. Nickel sales were 31% lower

  • BNC smelter restart project now 83% complete

    ASA RESOURCES Group subsidiary, Bindura Nickel Corporations (BNC) smelter restart project is 83% complete after $21,5 million was spent on the project which is set for completion this financial year.

  • Topic Bindura Nickel Corporation Mining Weekly

    Jun 30, 2017· By: Megan van Wyngaardt 30th June 2017 Bindura Nickel Corporation, a 74.43%-owned subsidiary of Aim-listed ASA Resources, on Friday reported a profit before tax of $1.4-million for the year ended March 31, up 15% from the prior year. The company's profit after tax was $609 000, compared with a profit of $649 000 the year

  • London Metal Exchange Nickel Prices, Chinese Stainless ...

    Free daily nickel and stainless steel prices, world metals market news, ... Mwana Africa says sales of nickel in concentrate at Bindura Nickel Corporation rose by 49 percent to 2 072 tonnes in the fourth quarter as refurbished equipment was brought back into operation. ... Mwana Africa Gold Production And Nickel Sales Up, Diamond Sales Down ...

  • Topic Bindura Nickel Corporation Industry News

    Jun 30, 2017· Higher output lifts BNCs FY17 pre-tax profit. By: Megan van Wyngaardt 30th June 2017 Bindura Nickel Corporation, a 74.43%-owned subsidiary of Aim-listed ASA Resources, on Friday reported a ...

  • In Zimbabwe: Bindura Nickel FY output hits record 7,306 ...

    Zimbabwe's Bindura Nickel Corporation said on Tuesday it had increased its full-year nickel production by 3 percent to a record 7,306 tonnes, while revenue was boosted by higher prices of the ...

  • Bindura Nickel Corp in re-birth! Business Daily News ...

    Bindura Nickel Corp in re-birth! Published: 15 July 2014 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

  • Bindura Nickel Corporation Limited.pdf Equity

    Bindura Nickel Corporation Limited.pdf Free download as PDF File (.pdf), Text File (.txt) or read online for free.

  • Topic Bindura Nickel Corporation Mining Weekly

    Jun 30, 2017· By: Creamer Media Reporter 1st December 2014 Bindura Nickel Corporation (BNC), a subsidiary of Mwana Africa, will issue a $20-million bond to help fund the restart of its Bindura nickel smelter ...

  • London Metal Exchange Nickel Prices, Chinese Stainless ...

    Zimbabwe: Bnc Nickel Sales Jump 49 Percent Mwana Africa says sales of nickel in concentrate at Bindura Nickel Corporation rose by 49 percent to 2 072 tonnes in the fourth quarter as refurbished equipment was brought back into operation.

  • Mwana says Freda gold output down 25pc

    However, the companys 75 percent-owned subsidiary Bindura Nickel Corporation saw a 76 percent quarter-on-quarter increase in nickel-in-concentrate sales to 2 651 tonnes from its Trojan operation, in Zimbabwe.

  • Mid-tiers in surprise performance The Sunday Mail

    Minings have this year skid nearly 70 percent to 22,33 points. All the four mining stocks have seen red due to the slowdown in the Chinese economy, a consumer of half the worlds metal output. Bindura Nickel Corporation Ltd has crashed 80 percent to US1,30c and Falgold is 86 percent down to US0,50c.

  • Incredible Sales on Charlton Home Jefferson 1-Light Wall ...

    Finish: Brushed Nickel, Shade Color: Satin Opal Charlton Home CHRL5035 Sporting a serene and classy look, this 1 Light Wall Sconce... is a perfect addition to your bedroom, hallway, living room, or guest room. Made from premium quality materials, this wall sconce ensures sturdiness and lasts for

  • In Zimbabwe: Bindura Nickel FY output hits record 7,306 ...

    Zimbabwe's Bindura Nickel Corporation said on Tuesday it had increased its full-year nickel production by 3 percent to a record 7,306 tonnes, while revenue was boosted by higher prices of the ...

  • BNC repays quarter of $20m smelter bond Business

    According to BNC, prices of nickel averaged $9 541 in the first half of 2016 compared to $11 787 about 12 months earlier. Repayments on the bond were planned over a five-year period on assumption of an average nickel price of $19 300 per tonne.

  • Zimbabwe's Bindura Nickel sees December smelter restart

    Zimbabwe's Bindura Nickel Corporation will restart its smelter by December after raising $20 million from a five-year bond, a company official said on Tuesday. Bindura Nickel, which is majority-owned by African miner Mwana Africa, said it had already received enquiries from miners in Australia to

  • Bindura Nickel Corporation Limited.pdf Equity

    In the period under review, no nickel sales were made as the operations continued to be under care and maintenance. Two parcels of semi-processed material from the refinery were sold. OPERATIONS As indicated under the overview, the refurbishment programme on the milling section was completed in February 2013, and production started during

  • Lack of funding stalls Trojan mine smelter

    A plan to re-open a smelter at Bindura Nickel Corporation (BNC)s Trojan Nickel Mine has stalled after the company ran out of funding ... The company said nickel sales tonnage increased to 3 485 tonnes in the half year H1 FY17 from 464 tonnes in the H116. ... September 5, 2018 4:31 PM Time to move out of political mood ...

  • Bindura Nickel Corporation profits up 46% Business

    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 the comparable period last year.

  • BNC profits up 46 percent DailyNews Live

    HARARE 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 the comparable period last year.

  • BNC profits up 46 percent DailyNews Live

    HARARE 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 the comparable period last year.

  • BNC records $5,8m profit Nehanda Radio

    Jul 10, 2018· Listed mining concern Bindura Nickel Corporation (BNC) says it is operating on shaky ground despite recording $5,8 million after-tax profits in the full year to March 31, 2018. The groups chairperson Muchadeyi Masunda said despite posting healthy profits, BNCs total assets exceeded total liabilities by $46,1 million.

  • Zimbabwe: BNC Nickel Sales Down 31 Percent allAfrica.com

    BINDURA Nickel Corporation says sales of nickel in concentrate plunged 31 percent during the first quarter of 2017, as volumes, recoveries and

  • Bindura Nickel : Asa woes mount 4-Traders

    ASAs local operations, Bindura Nickel Corporation and Freda Rebecca Gold Mine, will not be affected by the administration Africa Moyo Business Reporter CASH-strapped Asa Resource Group Plc has... août 4, 2017

  • BNC smelter stalls at 83% completion Business Weekly

    ZIMBABWE Stock Exchange listed nickel mining firm, Bindura Nickel Corporation (BNCs) smelter restart project has stagnated at 83 percent completion due to funding constraints. The nickel miner indicated that progress on the project was put on hold during the year due to capital constraints.

  • BNC nickel sales down 31 percent The Herald

    BINDURA Nickel Corporation says sales of nickel in concentrate plunged 31 percent during the first quarter of 2017, as volumes, recoveries and

  • Topic Bindura Nickel Corporation Industry News

    Jun 30, 2017· By: Megan van Wyngaardt 30th June 2017 Bindura Nickel Corporation, a 74.43%-owned subsidiary of Aim-listed ASA Resources, on Friday reported a profit before tax of $1.4-million for the year ended ...

  • Mwana: Zimbabwe benefits overlooked on indigenisation ...

    EUROPEAN MORNING BRIEF 16/08: SHFE base metals prices tumble; BHP submits new Escondida contract proposal; global nickel wrap Daily + Magazine Download the latest Daily and Magazine .

  • Bindura capitalises on increased demand for nickel The ...

    Though gross nickel production was down from 11 164.7 tonnes in 2002 to 10 104.5 tonnes last year, net profit was up from $403 million to $26 billion. Sales improved from $16.8 billion to $70.6 billion with operating profit shooting up from $119 million to $40.3 billion.

  • USGS Minerals Yearbook 2012

    · Web view

    Coal and Coke.Hwange Colliery Company Ltd. reported sales of about 1.7 Mt of coal in 2012 compared with about 2.5 Mt in 2011. The decrease in sales was attributed to lower demand from Zimbabwe Power Co. Coke sales, however, increased to 228,201 t in 2012 from 74,877 t in 2011.

  • BNC nickel sales jump 49 percent The Herald

    MWANA Africa says sales of nickel in concentrate at Bindura Nickel Corporation rose by 49 percent to 2 072 tonnes in the fourth quarter as refurbished equipment was brought back into operation.

  • Mwana Africa says Zimbabwe Q1 gold output up, nickel ...

    The mine cut its costs by 24 percent to $1,093 per ounce, which made up for the decline in gold prices. Spot gold has rebounded nearly 8 percent from last months low, but remains down 2 percent on the year. Mwana Africa also owns the Trojan nickel mine in Bindura through locally-listed Bindura Nickel Corporation.

  • Mwana ramps up Zim gold output, nickel sales

    HARARE Aim-listed Mwana Africa Plc (Mwana) says its Zimbabwean operations nickel producer Bindura Nickel Corporation (BNC) and gold miner Freda Rebecca performed better in the quarter ended March 2014 with production increasing.

  • BNC in record nickel production at Trojan, smelter to

    HARARE, July 21 (The Source) Bindura Nickel Corporation (BNC) on Tuesday reported a record nickel production of 7,306 tonnes at its Trojan Mine in the full year to March 31 and expects to restart its smelter in the first quarter of next year. BNC is 74,3 percent owned by resources group, Mwana ...

  • BNC Seeks National Project Status Nod Zimbabwe

    Recovery was also down by 4,7 percent to 84,1 percent against the 2014 last quarter performance when recovery topped 88,8 percent. Nickel sales went down 17 percent at 1 871t against 2014 last quarter volumes of 2 250t.

  • BNC profit plunges 94pct on weak commodity prices ...

    HARARE: Bindura Nickel Corporation (BNC) after tax profit for the year ended 31 March 2016 plunged 94 percent to $650,000 from $11,2 million achieved in prior year largely on reduced sales and poor nickel prices.

  • BNC sales rise 53 percent The Herald

    NICKEL producer, Bindura Nickel Corporation says sales increased 53 percent to 2 852,17 tonnes in the first five months of the year compared to 1 864 tonnes sold in the same period last year. In the period to June 30, 2016, Trojan Mine produced 97 689 tonnes of ore and milled 101 433 tonnes.

  • Zimbabwe: 70 Percent of Nickel Producers Operating At

    Bindura Nickel Corporation (BNC) says an estimated 70 percent of nickel producers around the world are operating at a loss despite no production cut by the mineral producers in the financial year to March 31 2016.

  • Bindura Nickel : Mines Reel Under $31m Debt 4-Traders

    London Stock Exchange-listed ASA Resources Plc's key Zimbabwe units Bindura Nickel Corporation Limited and Freda Rebecca Gold Mine Limited-- have applied to the High Court to have the businesses placed under provisional judicial management, citing a serious financial crisis that has seen its debts ballooning to over US$31,3 million.. The

  • Zimbabwe: BNC Profit Declines 94 Percent allAfrica.com

    Bindura Nickel Corporation Limited profit after tax for the year ended March 31, 2016 slumped 94 percent to $0,65 million on lower production and subdued global commodity prices . Production for ...

  • Bindura Nickel production down 16% in Q3, Smelter Restart ...

    Bindura Nickel production down 16% in Q3, Smelter Restart at 78% HARARE Bindura Nickel Corporations (BNC) nickel-in-concentrate production was16% lower in the third quarter to December at 1 571 tonnes compared to 1 866 tonnes in the previous quarter despite significant increases in both mining and milling output.

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    This satin nickel rod will hold your favorite drapery to help achieve your desired look. Each end of the Bali 1" Ball Decorative Rod is capped with a decorative ball that brings a fun final touch to your window.