ZCI Ltd 2011 AR2
The report details ZCI Limited's financial and operational performance for the fiscal year ended March 31, 2011, highlighting its transition toward integrated reporting under the King III principles. Key developments include a significant increase in copper production at the Mowana Mine, with revenues rising to USD 24.7 million, and the commencement of full-scale mining at the Thakadu deposit. The company also expanded its exploration activities in the Matsitama Schist Belt, identifying new prospective targets. Despite these operational advancements, the Group recorded a net loss of USD 6.1 million, primarily due to ongoing production ramp-up challenges at its subsidiaries.
Company: ZCI Ltd
Sector: Materials
Country: Bermuda
Year: 2011
Type: AR2
Pages: 88
ZCI Ltd
Annual Report
The report details ZCI Limited's financial and operational performance for the fiscal year ended March 31, 2011, highlighting its transition toward integrated reporting under the King III principles. Key developments include a significant increase in copper production at the Mowana Mine, with revenues rising to USD 24.7 million, and the commencement of full-scale mining at the Thakadu deposit. The company also expanded its exploration activities in the Matsitama Schist Belt, identifying new prospective targets. Despite these operational advancements, the Group recorded a net loss of USD 6.1 million, primarily due to ongoing production ramp-up challenges at its subsidiaries.
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Document Details
Report Year
2011
Reporting Period
Apr 1, 2010 - Mar 31, 2011
Fiscal Year
2011
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
No data available