Zimbabwe's Sole Nickel Mine Placed Under Administration thezimbabwean.co - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thezimbabwean.co Daily Mail and Mail on Sunday newspapers.
By Nyasha Chingono
HARARE (Reuters) - Zimbabwe's only operating nickel mine was on Thursday placed under administration, according to a government notice, seven months after halting production due to equipment failure and low prices.
Zimbabwe's government owns 70% of Bindura Nickel.
The Victoria Falls Stock Exchange (VFEX) has announced a trading halt for Bindura Nickel Corporation Limited (BIND.VX) shares effective from Friday, May 3, 2024.
Zimbabwe's sole nickel mine placed under administration miningweekly.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from miningweekly.com Daily Mail and Mail on Sunday newspapers.