EXXARO Resources’ acquisition of manganese mines from Ntsimbintle Holdings and OMH Mauritius Corp. was today declared unconditional. First announced in May, the deal – which brings partial consolidation to the Northern Cape manganese mines – is expected to be completed by February 27. Exxaro’s subsidiary ManganExx will buy 100% of Ntsimbintle Mining, which holds a 50.1% stake in the Tshipi Borwa manganese mine. Exxaro will hold a 19.99% stake in Jupiter Mines, full ownership of Ntsimbintle Marketing, and a 9% interest in Hotazel Manganese Mines, controlled by Anglo American and South32. Saki Macozoma, chairman of Tshipi and Ntsimbintle Holdings, said the deal strengthened the value of South Africa’s manganese assets whilst ensuring they remained in domestic hands.