bene449, yes as you state OMH owns a 26% stake in Ntsimbintle. OMH and Ntsimbintle own a 50.1% in Tshipi via their company Mainstreet 744 Pty.
The other mines are owned again partly by Ntsimbintle and OMH has a stake in these mines also.
https://www.miningreview.com/ntsimbintle-mining-celebrates-transformation-needed/
I did post the following info some time back.
Ntsimbintle is headed by Saki Mazozoma. "He is a struggle veteran, he was jailed on Robben Island till 1982.
Ntsimbintle, the majority shareholder in Tshipi, has two other projects in the northern part of the KMF, which the company is pursuing with other partners.
"Even though Macozoma admits that Ntsimbintle is on the alert for any possible deals that could be lucrative for its shareholders, the company is not actively pursuing other minerals. "
What is being looked forward to is the 51% Ntsimbintle-owned Mokala Manganese, which has an 80-million-tonne manganese resource, 12-million tonnes of which is amenable to opencast mining.
"Yet Macozoma says there is more to look forward to. Mokala Manganese, an entity in which Ntsimbintle owns 51%, is considering the development of a new manganese project with a total resource of approximately 80 million tonnes, 12 million tonnes of which is mineable by opencast means. A feasibility study has been completed on the project, with the Mining Right application submitted thereafter. The award of this mining right is imminent. A decision will be made by all shareholders post receipt of all permits on the development of the project.
Just recently, Ntsimbintle reached agreement with Lehating Mining and its major shareholder, Traxys Projects LP, to amalgamate the Lehating Mining Right and the future mining right in respect of the Wessels prospecting area into one mine. The soon to be Lehating/Khwara amalgamated mine is one of the few remaining high grade (49%) manganese deposits in the Kalahari Manganese Field with approximately 25 million tonnes of mineable manganese ore."
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bene449, yes as you state OMH owns a 26% stake in Ntsimbintle....
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