Tshipi profit more than doubles to $150 mln

By Janie Davies / June 01, 2018 / www.metalbulletin.com / Article Link

Manganese ore miner Tshipi Borwa ?(C) Ntle Manganese Mining more than doubled its profit after taxation to ZAR 1.9 billion ($150.65 million) in the twelve months to February 28 2018, its largest shareholder Jupiter Mines has announced.

The figure compares with a post-tax profit of ZAR891 million for the year to February 29 2017. Production at the South African manganese mine located the Northern...

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