Asa Resources Group
Asa Resources Group is a mining company based in Johannesburg and London. According to the company's 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.
| Company type | Public limited company |
|---|---|
| LSE: ASA | |
| Industry | Mining |
| Predecessor | Mwana Africa African Gold |
| Founded | September 27, 1987 in City of London, United Kingdom |
| Headquarters | , |
| Website | www |
Current affairs
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
Asa's products include gold, nickel, copper, zinc, cobalt and, more recently, diamonds and petroleum. Major mining operation interests as of 2007:
By country
Companies
- SouthernEra Diamonds, of Canada, the Democratic Republic of Congo, Gabon and South Africa.
Asa maintains a corporate office in South Africa. The company is expanding its operations by acquiring extant mining companies.
References
- ^ 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
External links
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- Companies based in Johannesburg
- Mining companies based in London
- Mining in the Democratic Republic of the Congo
- Mining in Ghana
- Mining in Zimbabwe
- Mining in South Africa
- Copper mining companies
- Diamond mining companies
- Gold mining companies
- 2005 establishments in South Africa
- African company stubs
- Mining company stubs