About us

History

2003-2005:

Mwana Africa Holdings (Proprietary) Limited, a private South African company, was established in 2003 by Kalaa Mpinga and completed three major mining acquisitions, including the Bindura nickel mine in 2003, the Anmercosa base metal and gold prospects in the Katanga copper belt in 2004, and the Freda Rebecca gold mine in 2005. The shareholder group which funded these acquisitions included Kalaa Mpinga, David Fish and Tim Wadeson from South Africa and several prominent members of the business communities in Angola, Zimbabwe, Kenya and Zambia, who run successful businesses across Africa

October 2005:

Mwana Africa PLC was formed through a reverse takeover of African Gold plc, the AIM-listed African gold explorer and miner, by Mwana Africa Holdings (Proprietary) Ltd

December 2005:

Public placing of 27.1m shares on AIM raising £13.1m

April 2006:

Public placing of 66.9m shares on AIM raising £43.5m

May 2006:

Acquiring of a 20% stake in Société Minière de Bakwanga, MIBA (diamonds in DRC)

May 2007:

Acquisition of Gravity Diamonds completed (diamonds in DRC)

December 2007:

Acquisition of SouthernEra Diamonds completed (diamonds in DRC, Angola, Bostwana and South Africa)

June 2008:

Public placing of 62.5m shares on AIM raising £25m

December 2008:

Closure of all diamond exploration activities following withdrawal of BHP Billiton from joint funding (diamonds in DRC)

March 2009:

Announcement of intention to re-commence gold production at Freda Rebecca Mine (gold in Zimbabwe)

May 2009:

Sale of direct interest in Konongo (gold in Ghana)

About Mwana's logo

Legends abound in Africa about the continent’s largest animal, the elephant, whose very size makes it unassailable in nature. In these fables the elephant is always the chief who settles disputes with wisdom and impartiality. The elephant represents endurance and a character that is strong and steadfast. It is a symbol of great power and stature, sagacity, courage and dignity. Statues of elephants are often viewed as a source of good fortune especially those depicting the animal with its trunk raised.

We at Mwana are proud to be associated with the African elephant in our logo and are delighted to share with our shareholders both the images of this giant beast and the interpretation of it in various forms — wood, clay, beads and the like — in indigenous art.