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Bindura Nickel Corp Ltd
P.O Box 35
BINDURA, Zimbabwe Ticker: BINDBIND
Business Summary
Bindura Nickel Corporation Limited is a Zimbabwe-based company that is engaged in the mining of nickel and the extraction of related by-products. The Company operates a mine and owns a smelter and refinery complex. The Company's main product is nickel concentrates, which contain nickel sulfide. The main uses of nickel are the production of stainless steel and battery cathode. It has nickel resources across Zimbabwe under mining, processing, and exploration assets, which include Trojan Mine, Shangani Mine, the BSR facility, Hunters Road Project, Damba-Silwane as well as the Trojan Hill and Kingstone Hill Projects. Collectively, these resources amount to a total of 72.5 million tons of ore, at an average grade of 0.60%, containing approximately 434.8 kilotons of nickel. Its subsidiary, Trojan Nickel Mine Limited (TNML), has two mines, which are Trojan Mine and Shangani Mine. TNML produces approximately 400,000 tons of ore and 5,500 tons of nickel in concentrate per annum respectively.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
YesYes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
3/31/20233/31/2023Yes----

Industries
SIC Code Description
1021 Copper ores

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Non-Executive Chairman Muchadeyi A.Masunda 65 4/28/2017
Finance Director, Executive Director Johannes H.Lampen
Technical Director, Executive Director ThomasMashungupa 53 1/1/2006 1/1/2006
6 additional Officers and Directors records available in full report.

Business Names
Business Name
BIND
Bindura Nickel Corporation Limited

General Information
Number of Employees: 979 (As of 3/31/2023)
Outstanding Shares: 2,542,347,675 (As of 3/31/2023)
Shareholders: 938
Stock Exchange: VFX


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Tuesday, April 23, 2024