Public limited company | |
Traded as | : |
Industry | Mining |
Predecessor | Mwana Africa African Gold |
Founded | September 27, 1987City of London, United Kingdom | in
Headquarters | City of London, United Kingdom |
Website | www |
Asa Resources Group is a mining company based in Johannesburg and London. According to its website, it is the first African-owned and African-managed business to be listed in the Resources sector of the 's Alternative Investment Market. Asa was founded in 1987.
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.
In October 2013, Asa appointed Yim Chiu Kwan as its finance director.
Asa's products include gold, nickel, copper, zinc, cobalt and, more recently, diamonds and petroleum. Major mining operation interests as of 2007:
Asa maintains a corporate office in South Africa; the company is progressively expanding its operations by acquiring extant mining companies.