Tshipi é Ntle to distribute R1bn to shareholders

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. Jupiter Mines, which owns a 49.9% interest in Tshipi é Ntle will, accordingly, distribute $55-million to its shareholders.