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BNC recapitalisation bid flops

LISTED miner Bindura Nickel Corporation Limited (BNC) says its plans to raise $20 million additional capital have failed. The Mwana Africa plc (Mwana) subsidiary said the funds were intended to finance the second phase of restarting operations at its mothballed Trojan Mine. “The difficulties are attributable to the negative market sentiment associated with the falling…

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