Bindura mulls rights issue to fund Trojan nickel mine restart

May 02, 2012 | 07:57 AM |

Bindura Nickel Corp, which owns the Trojan nickel mine in Zimbabwe, is contemplating a rights issue to fund the restart of the mine – Africa’s only existing integrated nickel mine, smelter and refinery – according to local reports. It is unclear how much money Bindura would seek to raise from an issue on the Zimbabwe Stock Exchange, where it is listed, but according to The Independent and The Herald, a consulting report estimated....

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