BNC to institute budgetary controls
Nickel prices on the London Metal Exchange experienced a significant decrease of 48% to US$16 300 per tonne during the calendar year 2023.
By Business Reporter
Feb. 19, 2024
Premium
Major shake-up at Kuvimba Mining
This, Zimbabwe Independent understands, is in response to concerns expressed by shareholders over management's failure to meet set targets.
By Freeman Makopa
Nov. 10, 2023
BNC turns to local bank loans
This comes after several big companies have indicated that they have not been lucky in getting large capital from banks.
By Tafadzwa Mhlanga
Sep. 22, 2023
BNC turns to high-volume, low-grade mining strategy
The decrease in turnover to US$49,5 million was a direct result of reduced nickel concentrate sales volume, despite the increase in nickel prices.
By Rufaro Hozheri
Sep. 22, 2023
BNC spends US$8,34 on Capex...as old machines depress production
The current old machinery led to lower production volumes resulting in a loss of US$18,48 million for the 2023 period, from a profit after tax of US$8,06 million in the 2022 comparative period.
By Melody Chikono
Sep. 8, 2023
BNC experiences high operating costs
BNC company secretary Conrad Mukanganga said the nickel mining firm also experienced intermittent plant breakdowns owing to the unavailability of critical spares.
By Business Reporter
Aug. 21, 2023
BNC, Zambian firm ink tolling deal
The Victoria Falls Stock Exchange-listed BNC’s processing facility at its Trojan Mine has been dormant for several years.
By Rugare Mubika
Mar. 31, 2023
BNC output falls after breakdown
The imported equipment was expected to help BNC change its mining strategy.
By Shame Makoshori
Feb. 19, 2023
BNC to post loss in 2023: Analysts
BNC, which is part of Kuvimba Mining House, posted a 7,8% decline in turnover, according to the reviewed financial results for the half year ended September 30, 2022.
By Mthandazo Nyoni
Jan. 3, 2023