Jupiter reports second highest sales year
PERTH (miningweekly.com) – Junior Jupiter Mines has reported a solid fourth quarter for the period ending February, with the company’s Tshipi Borwa manganese mine, in South Africa, producing 891 256 t of ore.
Manganese production for the fourth quarter was down from the 925 652 t produced in the previous quarter, as operations were affected by excessive rainfall and fleet mobilization delays resulting from the Covid-19 lockdown.
However, Jupiter noted on Friday that Tshipi had achieved its second highest year of exports for the full year, despite the challenging environment.
In the full year, production reached 3.3-million tonnes, with sales reaching 3.4-million tonnes, with the fourth quarter contributing more than one-million tonnes to the sales figures.
Revenue for the fourth quarter reached A$130.7-million, bringing full year sales revenue for the 2021 financial year to A$496.7-million, with net profits after tax recorded as A$26.3-million for the quarter and A$134.9-million for the full year.
Jupiter during the quarter took the decision to demerge its iron-ore assets into a separately listed entity known as Juno Minerals, which will be listed on the ASX by mid-May.
Comments
The
content
you are trying to access is only available to subscribers.
If you are already a subscriber, you can Login Here.
If you are not a subscriber, you can subscribe now, by selecting one of the below options.
For more information or assistance, please contact us at subscriptions@creamermedia.co.za.
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation