Speakers from Touchstone Exploration, Shanta Gold, Savannah Resources and Kavango Resources feature in our Natural Resources webinar on May 25th. Please register here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksJubilee Metals Share News (JLP)

Share Price Information for Jubilee Metals (JLP)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 19.00
Bid: 19.00
Ask: 19.50
Change: -1.00 (-5.00%)
Spread: 0.50 (2.63%)
Open: 19.825
High: 19.00
Low: 18.90
Yest. Close: 20.00
JLP Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

RNS Alerts are a premium feature

Login to your account

myTerminal is a premium feature

Login to your account

Don't have an account? Click here to register.

Jubilee Metals Gains Approval For Kabwe Mining Licence Renewal

Mon, 14th Sep 2020 17:10

(Alliance News) - Jubilee Metals Group PLC said Monday its application for the renewal of its small scale mining licence 7081-HQ-SML in Kabwe, Zambia has been accepted by the minister of Mines & Mineral Development.

The renewal has been approved for a period of ten years and is subject to several customary conditions specified by the minister.

In addition, Jubilee has appointed Nicholas Taylor as non-executive director with effect on October 1. Taylor's most recent executive role was as European head of Natural Resources Investment Banking at Royal Bank of Canada from 2015 to 2016.

"As Jubilee continues to aggressively drive its expansion across both its Zambian and South African operations, the renewal of the licence in Zambia is an endorsement of the work that we are doing on the ground at Kabwe and the support from government and the Department of Mines. We have made significant progress in Zambia since the acquisition of the Sable Refinery in 2019, particularly in recent months with Jubilee securing access to vast amounts of copper containing surface tailings," said Chief Executive Officer Leon Coetzer.

Shares in Jubilee Metals closed 5.9% higher at 5.82 pence in London, while its Johannesburg shares ended 7.3% higher at ZAR1.33 on Monday.

By Dayo Laniyan; dayolaniyan@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

More News

Jubilee Metals warrant exercise for 2.9 million shares withdrawn

Jubilee Metals warrant exercise for 2.9 million shares withdrawn

Today 12:11

Jubilee Metals to hunt for copper and gold in Caerus waste assets

Jubilee Metals to hunt for copper and gold in Caerus waste assets

4 May 21 11:16

Jubilee Metals says project Roan delivers first copper to refinery

Jubilee Metals says project Roan delivers first copper to refinery

29 Apr 21 11:31

IN BRIEF: Jubilee Metals Catches Eye Of "Blue Chip" Investors

IN BRIEF: Jubilee Metals Catches Eye Of "Blue Chip" Investors

15 Jan 21 16:25

Jubilee Metals Makes Good Progress As Operations Mature In Second Half

Jubilee Metals Makes Good Progress As Operations Mature In Second Half

14 Jan 21 12:55

Jubilee Metals Annual Earnings Rise Sharply On Strong Production

Jubilee Metals Annual Earnings Rise Sharply On Strong Production

10 Nov 20 08:40

Jubilee Metals Secures Rights To Copper And Cobalt Tailings In Zambia

Jubilee Metals Secures Rights To Copper And Cobalt Tailings In Zambia

5 Nov 20 12:20

Jubilee Metals Reports Record Performance In Third Quarter

Jubilee Metals Reports Record Performance In Third Quarter

12 Oct 20 09:28

Jubilee Metals Gains Approval For Kabwe Mining Licence Renewal

Jubilee Metals Gains Approval For Kabwe Mining Licence Renewal

14 Sep 20 17:10

Jubilee Metals secures 'significant' ore supply agreement

(Sharecast News) - Jubilee Metals Group announced on Monday that it has secured another "significant" ore supply and processing agreement, increasing its long term access to chrome and platinum group metals-rich feed material.

24 Aug 20 15:33

Jubilee Metals To Become Operator Of Inyoni Chrome Processing Plant

Jubilee Metals To Become Operator Of Inyoni Chrome Processing Plant

24 Aug 20 12:38

Jubilee Metals Signs Chrome Offtake Agreement For Windsor Plant

Jubilee Metals Signs Chrome Offtake Agreement For Windsor Plant

13 Aug 20 10:33

IN BRIEF: Jubilee Metals Signs Agreement For Rights To Copper Ore

IN BRIEF: Jubilee Metals Signs Agreement For Rights To Copper Ore

6 Aug 20 14:25

Jubilee secures rights to process 2m tonnes of copper run-of-mine

(Sharecast News) - Jubilee Metals Group has signed a joint venture agreement with a private Zambia company, it announced on Thursday, securing the rights to process two million tonnes of copper run-of-mine material containing more than 2% copper.

6 Aug 20 10:57

Jubilee Metals Revenue Surges In First Half With "Key Milestones"

Jubilee Metals Revenue Surges In First Half With "Key Milestones"

13 Jul 20 08:48

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.