Asa Resources Group

From Wikipedia, the free encyclopedia
  (Redirected from Mwana Africa)
Jump to: navigation, search
For the Zimbabwean football club, see Mwana Africa FC.

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.

Asa Resources Group PLC
Public limited company
Traded as LSEASA
Industry Mining
Predecessor Mwana Africa
African Gold
Founded September 27, 1987; 29 years ago (1987-09-27) in City of London, United Kingdom
Headquarters City of London, United Kingdom
Website www.asaukplc.com

Current affairs[edit]

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.[1]

In October 2013, Asa appointed Yim Chiu Kwan as its finance director.[2]

Operations[edit]

Asa's products include gold, nickel, copper, zinc, cobalt and, more recently, diamonds and petroleum. Major mining operation interests as of 2007:

By country[edit]

Companies[edit]

Asa maintains a corporate office in South Africa; the company is progressively expanding its operations by acquiring extant mining companies.

References[edit]

  1. ^ Mwana widens FY loss after $43.7m BNC impairment charge, South Africa: Mining Weekly, 2013 
  2. ^ Mwana Africa appoints Yim Chiu Kwan as finance director, International: Reuters, 2013 

External links[edit]