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Jupiter Mines Limited (ASX: JMS) has announced that the concept study into the expansion of the Tshipi Borwa Manganese Mine has been completed and a comprehensive feasibility study will commence shortly.

  • The feasibility study will be based on a production profile of 4.5 million tonnes, an increase of 50% on the current production level;
  • The total capital expenditure required for the expansion is expected to be R1.025 billion.

At AEST 01:03PM, the stock was trading at $0.292 per share, up by 0.69% from its previous close.

 

 

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