The Project forms part of the established Gopane-Derdepoort Manganese Field, a region historically known for manganese dioxide mineralisation suitable for chemical and specialist manganese markets. Ore Reserves were calculated applying modifying factors including mining method, stripping ratio (maximum 2.5:1), mining recovery (95%), and ore dilution (5%). Current mining and exploration have focused on less than 20% of the 25 km prospective strike length. This funding is proposed to cover the costs associated with the acquisition and commencement of mining and processing operations. Jason Brewer, CEO of Marula Mining Plc, said:“The acquisition of the Derdepoort Project, together with its fully operational and permitted processing plant, represents a strategically important step in consolidating our manganese operations in South Africa alongside the Tonto Tshipi Manganese Mine.

Source: The North Africa Journal February 13, 2026 14:03 UTC