LONDON (Alliance News) - Jubilee Platinum PLC on Monday said it remains on track with work on the ASA and Hernic Tailings projects, both in South Africa, and is on the look out for further acquisitions.
Jubilee said the erection of the processing plant at the ASA project has been completed, with commissioning of the plant targeted for February.
The group also said pre-site work at the Hernic tailings project is on schedule, and the project is on track for commissioning by the fourth quarter of this year.
Jubilee added it continues to explore the potential acquisition of further platinum surface projects.
Shares in Jubilee Platinum were down 7.4% to 3.22 pence.
By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance
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Jubilee Metals (JLP)