Introduction
South Africa-focused Jupiter Mines (OTC:JMXXF)is a company which I covered less than two months ago here and is my top pick in the manganese mining space.
On January 7, Jupiter Mines announced that it has completed the long-awaited concept study on the expansion of its 49.9%-owned Tshipi Borwa manganese mine and the results look fantastic.
The mine and the expansion study
The mine is located in the Kalahari Manganese Field and it has the flexibility to scale production to between 3-million and 3.6-million tonnes a year. It’s situated near several large mines