Multi-Billion Rand Mining Deal Expected to be Sealed Next Week

Moneyweb reported that Tshipi ê Ntle is close to signing a manganese supply deal with Aveng Moolmans.

The market news is quoted as saying:

[Chairman] Macozoma told Moneyweb at a sod turning ceremony at the site in the Northern Cape province, this will enable contractors to commence with removing the over-burden on the R1.5bn development. Stakeholders are hoping to reach the high quality manganese by January or February 2012.

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