Mantengu Mining is a small South African mining investment company that has just swung from a large profit to a large loss. Its name comes from the fork-tailed drongo, a bird known for thriving in difficult conditions. Full nameMantengu Limited (formerly Mantengu Mining Ltd.) Tickers / exchangeMTU / JSE (Johannesburg Stock Exchange) HeadquartersSandton, South Africa SectorBasic Materials — mining and mining services EmployeesNot disclosed in available sources Market valueR61.6 million (US$61.6 million) Yearly salesR393.2 million (US$393.2 million) Net profit−R315.2 million (US$−315.2 million) Net margin−78.9% Return on equity−85.2% Price-to-earningsNot meaningful (loss-making) …
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