Apr 20

Ntsimbintle Holdings becomes largest shareholder in Jupiter Mines

The Ditikeni Board congratulates its investment partner Ntsimbintle Holdings on the news that they are now the largest shareholder in the Australian-listed miner, Jupiter Mines. Ntsimbintle is a distinguished and successful, empowered mining investment company. Formed in 2003 to pursue exploration and mining opportunities emerging in the South African manganese sector, Ntsimbintle Holdings is a true B-BEE entity as envisaged in the spirit and intent of South Africa’s Minerals and Petroleum Development Act.

Ntsimbintle last week acquired a further 13.8% stake in JMS, as announced in this media release (on Monday 19 April 2021).

Ntsimbintle Holdings has a 74% stake in Ntsimbintle Mining, which in turn has been the developer of and leading shareholder (50.1%) in Tshipi é Ntle (Tshipi), South Africa’s largest manganese producer. Ntsimbintle Mining’s partner in Tshipi is Jupiter Mine’s Jupiter Kalahari, which holds 49.9%. Below shows images from the Tshipi Construction & Progress Update.