https://newsletter.mw.creamermedia.com

Mantengu refinances R130m in short-term debt

5th March 2026

By: Chanel de Bruyn

Creamer Media Senior Deputy Editor Online

     

Font size: - +

Mining investment company Mantengu Mining, which holds chrome and platinum group metals mining assets in South Africa, has successfully refinanced about R130-million in short-term debt that had been due for repayment at the end of February.

Mantengu's wholly owned subsidiaries, Langpan Mining and Sublime Technologies had entered into working capital facility agreements in the prior year, with the terms of these facilities requiring repayment 12 months from drawdown.

Langpan and Sublime entered into negotiations with a view to restructuring these facilities. Langpan's working capital facility has been converted into a long-term loan over a period of four years, while Sublime's working capital facility has been converted into a long-term loan over a period of three years.

"This refinancing by the lenders affirms the solid businesses of both Langpan and Sublime and will allow the group to use its excess cash to bolster mining operations in its chrome business segment. The group plans to add to its yellow machinery fleet to increase mining production and ultimately deliver an increased output of chrome in the 2027 financial year," the Mantengu board notes.

Edited by Creamer Media Reporter

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

ACTOM
ACTOM

Your one-stop global energy-solution partner

VISIT SHOWROOM 
ASTPM
ASTPM

Established in 1983, the ASTPM is an industry association and representative body of the welded carbon steel tube and pipe manufacturers of South...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Turning wealth in ground into wealth for South Africa’s people is a must, says analyst and, DSTI discusses the importance of partnerships, collaboration in driving progress in mining
Resources Watch
4th March 2026

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.033 0.117s - 119pq - 2rq
Subscribe Now