Latest Jupiter Mines (ASX:JMS) News

Small-cap materials shares produced wide gains and losses as fresh discoveries competed with funding warnings and delayed mine starts.
Rare earths, lithium, gold and copper projects added scale, but approvals, cash and construction remain the key tests.

Jupiter Mines delivered above-target production and sales at its Tshipi manganese mine in FY26, but higher costs and a stronger South African rand pulled group profit lower. The year also brought a new majority co-investor, a leadership transition and fresh questions around the mine’s resource and reserve base.

Jupiter Mines will replace Managing Director Brad Rogers with mining veteran Matthew Jarvis on an interim basis, while Rogers remains through November to oversee key strategic outcomes. The transition gives the company continuity, but leaves the timing of a permanent appointment unresolved.

Jupiter Mines reported a modest dip in FY2026 net profit to $37.6 million, with its joint venture Tshipi delivering solid production and sales despite rising costs and currency headwinds. The company declared a final dividend of 0.75 cents per share, maintaining its shareholder returns streak.

Jupiter Mines’ stake in the Tshipi manganese mine delivered a robust quarter with production and sales beating expectations, while EBITDA rose on firmer manganese prices despite a slight uptick in unit costs.

Jupiter Mines reported a 49% quarter-on-quarter EBITDA increase driven by higher manganese prices, despite cost pressures from exchange rates and Middle East conflict-related freight hikes.

Jupiter Mines has announced a modest interim dividend of 0.55 cents per share for H1 FY2026, reflecting ongoing shareholder returns despite a lower payout ratio compared to previous years.

Rare earths and gold dominated the tape, with one small-cap rare earth explorer ripping more than 70% on a single drilling headline. Gold producers, meanwhile, kept turning high bullion prices into dividends, buy-backs and bigger balance sheets.

Jupiter Mines Limited reported a 15.7% rise in profit after tax for HY2026, driven by its stake in the Tshipi manganese mine and a key joint venture deal with Exxaro Resources. The company navigates production challenges and market shifts while preparing for a dividend decision.

Jupiter Mines reported a modest rise in manganese production and sales for Q2 FY2026, alongside lower production costs. However, earnings were dented by foreign exchange losses amid a stronger South African Rand.

Jupiter Mines reported a 5% increase in manganese production for Q1 FY2026, yet sales volumes and EBITDA declined, reflecting a complex market environment. Despite these shifts, the company maintains a strong cash position and steady manganese prices.

Jupiter Mines has declared a final unfranked dividend of 0.75 cents per share for H2 FY2025, reflecting a solid payout ratio amid fluctuating earnings and Tshipi dividend receipts.