BNC administrator to present revival scheme

Nivad will spearhead safety improvements, monitor underground trends, conduct geotechnical assessments, scan underground voids, and track gold output to curb leakages. The management firm will also oversee shaft ownership to eliminate speculative holding.

BINDURA Nickel Corporation (BNC), which is currently under reconstruction, has called a joint meeting of its members and creditors to discuss a proposed scheme of reconstruction.The purpose of the meeting, scheduled for today, is for the administrator to present a plan to restore the company’s financial stability and operational viability.The meeting is being held in…

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