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Investegate |Red Rock Resources Announcements | Red Rock Resources: Announcement by Jupiter Mines Ltd


 
This augurs well for Jupiter s final dividend declaration, given the high payout ratio that Jupiter has historically adopted.
Further Information
Jupiter s principal asset is a 49.9% stake in Tshipi é Ntle Manganese Mining Proprietary Ltd, which operates the Tshipi Borwa mine, an open pit manganese mine in the Kalahari Manganese Field located in the Northern Cape of South Africa. Tshipi is one of the largest and lowest cost manganese exporters globally.
Jupiter announced on 21 January 2021 the demerger and Initial Public Offering on the Australian Stock Exchange of its Central Yilgarn Iron Ore assets ( CYIP ) through the newly created company Juno Minerals Ltd ( Juno ). ....

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