All tagged Jupiter Mines Limited ASX:JMS

ASX Announcement Jupiter Mines Limited - Flags Prospect of a Healthy H1 2019 Distribution

Investors have sent Jupiter Mines (ASX: JMS) shares up as much as 14% on news that production at the Tshipi managanese mine in South Africa was tracking ahead of full-year targets while Tshipi's cash coffers were fuller than expected. Tshipi (owned 49% by Perth-based Jupiter) expects to distribute ZAR1.5 billion (~$A150 million) to its shareholders in September, with Jupiter confirming today it intended to pass most of the cash on to its shareholders in dividends.

Jupiter Mines Limited - Listing on ASX - $240m IPO and Investor Presentation

Manganese miner Jupiter Mines Limited (ASX: JMS) has completed a $240 million initial public offering, comprising a $225 million institutional allocation and a $15 million allocation in the general public offer. The IPO has become one of the largest in the metals and mining industry in the past decade. Jupiter shares began trading on the ASX today, with the company in a debt-free position and expecting small overheads and minimal capital expenditure needs moving forward.

Jupiter Mines Limited - to List on ASX & Announces Tshipi Year End Results

Manganese miner Jupiter Mines Limited (ASX: JMS) will return to the ASX on Wednesday after completing a $240 million initial public offering. Jupiter's board and management will ring the ASX bell in Sydney tomorrow to commence trading in Jupiter shares. The company has also announced the final results of Tshipi, which it owns a near-50% stake in, which reported a 113% increase in net profit after tax.