Jubilee Platinum Starts Construction On Platinum Processing Facility

LONDON (Alliance News) - Jubilee Platinum PLC on Monday said it has started the construction work on its platinum processing facility at its project in South Africa.

Commissioning of the front-end of the new processing project is set for January 2016, the company said.

"The company is excited to take this next step towards delivering two operational platinum surface processing projects within the near term. Targeting commencement of commissioning of the initial processing step of the overall platinum processing project as early as January 2016," said Chief Executive Leon Coetzer.

Shares in Jubilee were down 1.4% to 3.65001 pence on Monday afternoon.

By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance

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