Approval to restart operations partially at the Tshipi Borwa manganese mine has been granted to Tshipi é Ntle Manganese Mining by the Department of Mineral Resources and Energy, ASX-listed Jupiter Mines has announced. Tshipi Borwa mine is an opencast manganese mine in the Kalahari manganese field of the Northern Cape.
Canadian explorer and developer Giyani Metals has received final approval for the environmental management plan (EMP) from the Department of Environmental Affairs (DEA) in Botswana for its Lobatse manganese prospect. This was granted after the customary one-month public review process during which the company was required to advertise the details of the EMP in the government gazette and local newspapers.
ASX-listed Jupiter Mines has placed its Tshipi Borwa manganese mine, in South Africa, on lockdown, while suspending manganese ore exports for a three week period, ending on April 16. The lockdown forms part of the South African government’s 21-day nation-wide lockdown to contain the spread of COVID-19.
ASX-listed Jupiter Mines and its 49.9%-owned subsidiary Tshipi é Ntle Manganese Mining has advised that the Tshipi Borwa mine will be affected by the 21-day lockdown declared by the South African President Cyril Ramaphosa on Monday evening. The company will evaluate the obligations and assess the effect on the business and advise shareholders accordingly in due course.
ASX-listed Jupiter Mines and its 49.9%-owned subsidiary Tshipi é Ntle Manganese Mining has advised that the Tshipi Borwa mine will be affected by the 21-day lockdown declared by South African President Cyril Ramaphosa on Monday evening. The company will evaluate the obligations and assess the effect on the business and advise shareholders accordingly in due course.
ASX-listed Mineral Resources has struck an asset sales agreement with fellow listed Resources Development Group (RDG) to divest of its non-core manganese assets in Western Australia. In return for the manganese assets, Mineral Resource would obtain a 75% interest in RDG, receiving more than 1.89-billion shares in the junior. There would be no cash payable for the transaction.
ASX-listed Jupiter Mines’ subsidiary Tshipi é Ntle Manganese Mining, which operates the Tshipi Borwa manganese mine in South Africa’s Northern Cape, has declared a shareholder dividend of R265-million for the financial year ended February 29. Jupiter, as the controlling shareholder, will receive R125-million.
As Euro Manganese (TSXV: EMN; ASX: EMN) advances feasibility studies at its wholly owned Chvaletice manganese project about 90 km east of Prague in the...
Mining company Assore, which has been listed on the JSE since 1950, has announced a transaction that will result in the minorities in the company being bought out and the company delisting from the exchange. Commenting on the transaction, Assore CEO Charles Walters said that the very low liquidity of the share meant that many institutional shareholders could not easily invest in the company and those who were invested could not easily trade out of the share.
The coronavirus was reducing the consumption of South Africa’s mined products to China and would likely cause a fall in prices, Menar MD Vuslat Bayoğlu said on Monday. Metals and minerals like manganese, chrome, iron-ore and metallurgical coal were not being consumed as before.