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AIM: MWA 1.20p (-4.00%)

Updated at 12:55 on 2 Aug 2015
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Freda Rebecca, in Zimbabwe, with a gold resource of 2.3m ozs produced 47,770 ozs in FY 2012. Zani-Kodo is a DRC gold exploration project with a gold resource of 2.97m ozs.

 
 

Bindura Nickel is the only integrated nickel mine, smelter and refinery operation in Africa. BNC boasts a Nickel resource of some 314kt.

 
 

Mwana is carrying out an exploration programme on vast copper prospective land in the Katanga region of the DRC.

 
 

Mwana’s Klipspringer diamond mine in South Africa produced 22,700 carats in FY2011. Mwana holds minority stakes in several diamond projects in the DRC, Angola and Botswana.

GOLD NICKEL COPPER DIAMONDS

Results for the year ended 31 March 2015

 

REGULATORY NEWS

Revenue improves in spite of gold, nickel price challenges
29 July 2015

Mwana Africa, the multi-product pan-African minerals company, has announced improved consolidated revenue of $152.3 million for the financial year to 31 March 2015. read more

Appointment of Nominated Adviser, Financial Adviser and Corporate Broker
24 July 2015

Mwana Africa Plc is pleased to announce the appointment of Grant Thornton UK LLP (“Grant Thornton”) as the Company’s Nominated Adviser and Cantor Fitzgerald Europe ("Cantor Fitzgerald") as its Financial Adviserand Corporate Broker with immediate effect. read more

Bindura Nickel Corporation – Release of financial results for the year ended 31 March 2015
21 July 2015

Mwana wishes to announce that Bindura Nickel Corporation (“BNC”), a 74.73% owned subsidiary of Mwana Africa Plc, has today released for publication its Abridged Audited Group Financial Results for the year ended 31 March 2015. read more

Update on progress since EGM
09 July 2015

Following the EGM on 9th June, 2015 which saw the appointment of four new Directors to the Board of Mwana Africa, the Company has responded to the shareholder majority by implementing a number of initiatives to reduce costs, re-organise the corporate structure and bring about necessary culture changes under the guidance of Yat Hoi Ning. read more

 

RESOURCE SUMMARY

Gold Resources*
  Cut off Measured and Indicated Total
Project Name (g/t) Mt g/t Koz Mt g/t Koz
Freda Rebecca 1.5 21.0 2.48 1,675 29.8 2.42 2,315
Zani-Kodo 0.5 5.9 3.33 634 38.0 2.43 2,975
Total       2,310     5,290

Nickel Resources*
  Cut off Measured and Indicated Total
Project Name Grade % Kt Grade % Ni (t) Kt Grade % Ni (t)
Trojan 0.45% 4,181 1.25% 52,155 8,219 1.44% 117,971
Shangani 0.40% 2,320 0.58% 13,590 12,030 0.56% 67,870
Hunters Road 0.40% 36,437 0.55% 200,404 36,437 0.55% 200,404
Total       266,149     386,245

*100% Basis

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