MANGANESE MINES AND MINING – SOUTH AFRICA

Lean, mean Jupiter Mines returns to ASX

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Original article by William McInnes
The Australian Financial Review – Page: 13 & 16 : 19-Apr-18

Manganese producer Jupiter Mines relisted on the Australian sharemarket on 18 April, more than four years after the stock was delisted in the wake of a downturn in commodity prices. CEO Priyank Thapliyal says Jupiter had intended to return to the bourse after the completion of the Tshipi manganese mine in South Africa. He has ruled out acquisitions or taking on debt to drive the company’s growth. Jupiter shares closed at the issue price of $A0.40.

CORPORATES
JUPITER MINES LIMITED – ASX JMS

South32 eyes Anglo’s manganese

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Original article by Peter Ker
The Australian Financial Review – Page: 20 : 19-Feb-16

Australian-listed South32 has indicated that it would be interested in buying out its manganese joint venture partner, Anglo American. South32 holds a 60 per cent stake in the mining and smelting operation, and a spokesman says the group would be willing to assume full ownership at an appropriate price. Anglo American has signalled its intention to sell a significant number of assets, including coking coal mines in Queensland.

CORPORATES
SOUTH32 LIMITED – ASX S32, ANGLO AMERICAN PLC, UBS HOLDINGS PTY LTD, ROYAL BANK OF CANADA, BANK OF AMERICA CORPORATION

South32 takes $2.4bn hit, signals job cuts

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Original article by Paul Garvey
The Australian – Page: 20 : 5-Feb-16

Shares in South32 rose by 14.2 to $A1.085 on 4 February 2016, as it flagged plans to significantly reduce costs. The BHP Billiton spin-off will scale back capital expenditure and production at its manganese mines in South Africa, which will result in the loss of 620 jobs. South32 has also indicated that it is likely to pursue job cuts in Australia, while its financial accounts will include $US1.7bn ($A2.4bn) worth of write-downs.

CORPORATES
SOUTH32 LIMITED – ASX S32, BHP BILLITON LIMITED – ASX BHP, MORGANS FINANCIAL LIMITED, CONSOLIDATED MINERALS LIMITED, QUEENSLAND NICKEL PTY LTD, GRANGE RESOURCES LIMITED – ASX GRR, MOUNT GIBSON IRON LIMITED – ASX MGX, SHAW RIVER MANGANESE LIMITED – ASX SRR

BHP to exit manganese in ‘four pillars’ strategy

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Original article by Sarah-Jane Tasker
The Australian – Page: 18 : 25-Jul-14

BHP Billiton has in recent times signalled plans to focus on iron ore, copper, petroleum and coking coal. This means aluminium, coal and nickel operations are likely to be jettisoned, and there is now also speculation that BHP and fellow resources group Anglo American are negotiating on an exit from their manganese joint venture in South Africa and Australia. BHP holds the majority stake of 60% in the three mines and two processing facilities, including an asset on Groote Eylandt in the Northern Territory

CORPORATES
BHP BILLITON LIMITED – ASX BHP|ANGLO AMERICAN PLC|BARRICK GOLD CORPORATION|X2 RESOURCES PARTNERS LP|GLENCORE XSTRATA PLC