George Frangeskides, Exec-Chair at Alba Mineral Resources, discusses grades at the Clogau Gold Mine. Watch the full video here.

Less Ads, More Data, More Tools Register for FREE
Stefan Bernstein explains how the EU/Greenland critical raw materials partnership benefits GreenRoc
Stefan Bernstein explains how the EU/Greenland critical raw materials partnership benefits GreenRocView Video
Utilico Insights - Jacqueline Broers assesses why Vietnam could be the darling of Asia for investors
Utilico Insights - Jacqueline Broers assesses why Vietnam could be the darling of Asia for investorsView Video

Latest Share Chat

Jubilee Metals says project Roan delivers first copper to refinery

Thu, 29th Apr 2021 11:31

(Alliance News) - Jubilee Metals Group PLC on Thursday said it has made progress at its copper operations in Zambia, with the first copper concentrate for refining delivered on schedule from project Roan.

The London-based miner said, at project Roan, phase 1 was completed to allow early production of intermediate copper concentrate while construction of phases 2 and 3 remain on target.

Phase 2 of project Roan targets to commence commissioning during early third quarter of 2021 to produce a higher-grade intermediate copper concentrate to further increase the production of copper units prior to the completion of phase 3 expected during the first quarter of 2022.

"Completion of phase 1 on schedule demonstrates our team's ability to deliver on our goals in a new jurisdiction. It provides me with great confidence that we will see significant success as our copper strategy is further implemented," said Chief Executive Leon Coetzer.

Jubilee Metals shares were trading 0.9% higher in London on Thursday at 17.55 pence each, while in Johannesburg, the stock was up2.0% at ZAR3.52 a share.

By Evelina Grecenko; evelinagrecenko@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

Related Shares

More News
28 Mar 2024 12:14

Jubilee Metals' Abu Dhabi partner agrees to form Zambia joint venture

(Alliance News) - Jubilee Metals Group PLC reported on Thursday its Abu Dhabi-based partner had formally agreed to form the copper waste rock joint-ve...

6 Mar 2024 08:29

IN BRIEF: Jubilee Metals forms subsidiary boards in SA and Zambia

Jubilee Metals Group PLC - London-based metal processing company, with projects in South Africa and Zambia - Creates dedicated executive subsidiary bo...

29 Feb 2024 09:18

LONDON BROKER RATINGS: Barclays cuts Direct Line to equal weight

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning:

26 Feb 2024 08:30

Jubilee Metals posts "strong" interim performance, upbeat on outlook

(Alliance News) - Jubilee Metals Group PLC on Monday reported higher interim profit, amid a "strong" performance across all its operations.

8 Feb 2024 13:00

IN BRIEF: Jubilee Metals shares up as Zambia copper unit progresses

Jubilee Metals Group PLC - London-based metal processing company, with projects in South Africa and Zambia - Says Roan copper concentrator is on track...

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.