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

Kuvimba pumps US$5m into ZimAlloys

The company has three furnaces at its Gweru smelting complex with a combined installed capacity of 120 000 tonnes per annum.
By Mthandazo Nyoni Sep. 12, 2023

Kuvimba spends US$150m in Capex

Rukweza said they have an aggressive exploration programme where they are looking to spend between US$20 million and US$30 million.
By Mthandazo Nyoni and Tinashe Kairiza Sep. 10, 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

Auditors cast doubt on BNC survival

The mining company incurred an operating loss before tax of US$24,2 million for the year ended March 31 2023.
By Melody Chikono Jul. 7, 2023

BNC output falls after breakdown

The imported equipment was expected to help BNC change its mining strategy.
By Shame Makoshori Feb. 19, 2023