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Grassroots shareholders celebrate black-controlled manganese mine’s R300m dividend

By: Martin Creamer     29th June 2017 Against the background of rising calls for radical economic transformation in South Africa’s mining sector, particularly transformation that benefits the country’s communities, grassroots shareholders of the black-controlled Ntsimbintle were last week able to celebrate the Northern Cape manganese... 

Pallinghurst scores as Jupiter dishes out $25m more

By: Martin Creamer     5th June 2017 Pallinghurst mining company Jupiter Mines on Monday announced that it would make a further $25-million distribution to its shareholders in September. The Johannesburg Stock Exchange-listed Pallinghurst, which is an 18.43% shareholder in Jupiter, expects to receive a further distribution of... 

Pallinghurst share price leaps on value unlock outline

By: Martin Creamer     19th May 2017 The share price of mining investment fund Pallinghurst leapt in Johannesburg after the company outlined its plans to swop its investment fund shawl for a diversified miner’s mantle, unlock value through full absorption of its coloured gemstone associate and target a possible listing of the... 

Tshipi é Ntle to distribute R1bn to shareholders

By: Anine Kilian     21st November 2016 Manganese miner Tshipi é Ntle Manganese Mining will distribute R1-billion to its shareholders for the financial year ending February 28, 2017, provided there are no material changes to the company’s guided production and the manganese market in general for the remainder of the financial year.... 

N Cape manganese mine exports 2 Mt of ore to become among world’s largest

By: Natalie Greve     11th February 2015 Broad-based black economic-empowerment group Tshipi é Ntle Manganese Mining’s Northern Cape-based manganese mine, Tshipi Borwa, has become the fifth-largest manganese mine in the world after doubling its first-year production volumes to export two-million tons of semicarbonate medium-grade... 

Ntsimbintle targeting additional 800 000 t/y project

By: Leandi Kolver     24th November 2014 Broad-based black economic-empowered company Ntsimbintle Mining was targeting the development of a new 800 000 t/y manganese mine, in the central-northern part of the Kalahari basin, in the Northern Cape, Ntsimbintle director Justin Pitt has revealed. Speaking to Mining Weekly Online at a... 

DRDGold appoints chartered accountant to board

By: Natalie Greve     17th April 2014 JSE-listed DRDGold has appointed chartered accountant Johan Holtzhausen as an independent nonexecutive director of the company.   Holtzhausen, who held a Bachelor of Science degree from the University of Stellenbosch and a Bachelor of Accounting Science Honours degree from the University of South... 

Singapore-based JV to market Tshipi Borwa manganese

By: Esmarie Swanepoel     6th September 2013 Australia-listed Jupiter Mines and OM Holdings (OMH), along with South Africa’s Ntsimbintle Mining, have formed a joint venture (JV) to market the manganese ore produced from the Tshipi Borwa project, in the Kalahari manganese field, in South Africa. The JV vehicle, in which each partner would... 

Tshipi mines its first manganese ore

By: Megan van Wyngaardt     15th October 2012 Tshipi é Ntle Manganese, led by prominent South African business personality Saki Macozoma, has mined its first manganese ore at its new Northern Cape mine last week. The production of manganese ore on October 10 was several weeks earlier than planned. 

208-wagon power train leaves for PE

By: Natasha Odendaal     14th September 2012 The first distributed power train carrying a load of manganese was expected to arrive in Port Elizabeth on Friday evening, completing its 1 085 km maiden trip, said emerging manganese miner Tshipi é Ntle CEO Finn Behnken. The test train, which left Tshipi’s new rail siding at its Tshipi Borwa... 

Company Announcement: The test train leaves Tshipi Borwa mine on its journey to Port Elizabeth

     14th September 2012 Transnet is presently investigating new and innovative methods with which to expand rail capacity in South Africa and the first such test train involving manganese has made use of Tshipi’s new state-of-the-art rail siding at the new Tshipi Borwa manganese mine at Kathu in the Northern Cape 

Power costs, Chinese slowdown to weigh on manganese industry

By: Megan van Wyngaardt     7th September 2012 South Africa would remain the base load supplier of manganese ore for many years to come, although the next two to five years would be challenging for the local industry, United Kalahari Manganese CEO Johan Kriek said on Friday. Speaking at the Metals Bulletin Events’ fifth South African... 

Transnet compiling first-ever distributed power train for manganese

By: Martin Creamer     7th September 2012 Transnet is compiling the first-ever distributed power train for manganese, made up of 208 wagons. The train will be loaded at the newly completed rail siding of black-controlled emerging manganese miner Tshipi é Ntle’s new project, near Kathu, in the Northern Cape. 

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