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18 Dec
13:12

Jupiter's Tshipi Borwa manganese mine nears sales target

Jupiter’s Tshipi Borwa joint venture manganese ore mine is on course to meet its sales target for the fiscal year through February 2020, after increasing sales 10% on-year in the November quarter (FQ3). Sales in FQ3 reached 867,502 tonnes, falling -3% from the August quarter. This came despite a decrease in high-grade lumpy manganese ore price to $4.49/dmtu cif from $6.43/dmtu in FQ3 last year. Average production cost rose 10% on-year in FQ3 to ZAR 31.69 ($2…
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