Asa Resources Group
Asa Resources Group is a mining company based in Johannesburg and London. According to its website, it is the first African-owned and African-managed business to be listed in the Resources sector of the London Stock Exchange's Alternative Investment Market. Asa was founded in 1987.
|Public limited company|
|Traded as||LSE: ASA|
|Founded||September 27, 1987City of London, United Kingdomin|
|Headquarters||City of London, United Kingdom|
The firm had a poor financial performance in 2013 with losses totalling $42.5 million, more than $35 million more than the previous year. This was due to a $43.7 million impairment charge for its Bindura Nickel Corporation operations in Zimbabwe.
In October 2013, Asa appointed Yim Chiu Kwan as its finance director.
- Democratic Republic of the Congo
Asa maintains a corporate office in South Africa; the company is progressively expanding its operations by acquiring extant mining companies.
- Mwana widens FY loss after $43.7m BNC impairment charge, South Africa: Mining Weekly, 2013
- Mwana Africa appoints Yim Chiu Kwan as finance director, International: Reuters, 2013
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