More good news for OMH. OMH owns 26% of Ntsimbintle.
This will make OMH even more valuable
Speaking of manganese oversupply, Mokala Manganese, an entity in which Ntsimbintle owns 51%, has finished its feasibility study for a new South African manganese deposit with a total resource of approximately 80-million mt, 12-million mt of which is mineable by opencast.
Column 1 0 Don’t look now but more South African Mn mines are on the horizonby alanpatrickryan
Ntsimbintle reached agreement with Lehating Mining and its major shareholder, Traxys Projects, to merge the Lehating mining right and the future mining right in respect of the Wessels prospecting area into one mine.
The merged operation will be a high-grade deposit with approximately 25-million mt of mineable manganese ore.
Tshipi production update July 2017, page-4
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