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AIM: MWA 1.73p (-6.49%)

Updated at 5:28 on 2 Apr 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

MWANA PROFILE

Mwana Africa PLC is a pan-African, multi-commodity resources company focused on the production, development and exploration of gold, nickel, copper and diamonds.

REGULATORY NEWS

Requisition of general meeting update
01 April 2015

Further to the announcement made by the Company on 2 March 2015, Mwana wishes to provide an update in respect of the notice to convene a general meeting of the Company’s shareholder.

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Bindura Nickel Corporation announces closing of US$ 20 million bond issue for the smelter restart
03 March 2015

Mwana is pleased to announce that, further to the Company’s announcement on 21 November 2014, Bindura Nickel Corporation Limited (“BNC”), its 74.73% owned subsidiary, successfully closed its fully subscribed $20 million Bond offer on 27 February 2015. read more

Requisition of General Meeting
02 March 2015

Mwana announces that it has received notices from Ian Dearing and other shareholders (the "Requisitioners") to convene a general meeting of the Company's shareholders (the "Requisition") pursuant to section 303 of the Companies Act 2006 (the "Act"). read more

Operations and Exploration Update
16 February 2015

Mwana Africa is pleased to provide an update on its operations and exploration activity for the third quarter ending 31 December, 2014 (Q3 2015). 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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