Stefan Bernstein explains how the EU/Greenland critical raw materials partnership benefits GreenRoc. Watch the full video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksJubilee Metals Regulatory News (JLP)

Share Price Information for Jubilee Metals (JLP)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 5.60
Bid: 5.50
Ask: 5.60
Change: 0.00 (0.00%)
Spread: 0.10 (1.818%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 5.60
JLP Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Commissioning of fine chrome operation commences

17 Dec 2018 07:00

RNS Number : 6037K
Jubilee Metals Group PLC
17 December 2018
 

Jubilee Metals Group PLC

Registration number (4459850)

AltX share code: JBL

AIM share code: JLP

ISIN: GB0031852162

("Jubilee" or "the Company")

 

Jubilee Platinum PLC

("Jubilee" or the "Company")

 

Commissioning of fine chrome operation commences

 

 

Highlights

At PlatCro

· PlatCro's pre-classification and dewatering circuit commences production of PGM rich material for refining at Northam's Eland Platinum plant

· Production at PlatCro will be ramped up, targeting the production of 60 000 tonnes per month of PGM rich material, more than doubling Jubilee's current PGM processing rate

 

At DCM

· Jubilee's state of the art DCM fine chrome plant commenced commissioning

· The DCM fine chrome plant will be ramped up to 25 000 tonnes per month of additional capacity over the next 4 weeks targeting the production of 8 000 tonnes per month of fine chrome concentrate

 

Leon Coetzer, CEO says: "I am extremely pleased at yet another leading performance by the Jubilee team delivering the PlatCro pre-processing circuit and the DCM fine chrome plant on-time and in budget. Both projects involve leading edge processes as we continuously strive to deliver industry leading solutions to the benefit of all our stakeholders.

We have recently announced our acquisition of the PlatCro chrome beneficiation operation which we intend to integrate with our current PlatCro PGM project, forming a fully integrated operation to further streamline costs and optimise metal earnings. The addition of the PlatCro pre-processing plant to produce PGM rich material for further refining at the Eland Platinum plant, is the first of a number of processing improvements targeted for the integrated PlatCro operation.

I am particularly pleased with the implementation of our industry first DCM fine chrome plant. Our ability to target the recovery of the fine chrome element of existing mine waste material opens tremendous opportunities to Jubilee for further growth in the chrome industry. We will target to roll out this solution at our existing operations at Hernic and PlatCro, as well as the wider chrome industry."

 

17 December 2018

Jubilee Metals Group PLC

Colin Bird/Leon CoetzerTel +44 (0) 20 7584 2155 / Tel +27 (0) 11 465 1913 

Nominated Adviser

SPARK Advisory Partners LimitedAndrew Emmott/Vassil KirtchevTel: +44 (0) 203 368 3555

Broker

Shard Capital Partners LLPDamon Heath/Erik WoolgarTel +44 (0) 20 7 186 9900

JSE Sponsor

Sasfin Capital (a member of the Sasfin group)

Sharon OwensTel +27 (0) 11 809 7500

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
MSCGGGCGPUPRGBQ
Date   Source Headline
28th Mar 20247:00 amRNSProjects Update
6th Mar 20243:00 pmRNSExercise of Options
6th Mar 20247:00 amRNSChanges to the Board & New Dedicated Exec Boards
29th Feb 20247:00 amRNSInterim Results 2023 Presentation
28th Feb 20249:31 amRNSInterim Results 2023 Presentation Re-scheduled
26th Feb 20247:00 amRNSInterim Financial Report 6 months to December 2023
8th Feb 20247:00 amRNSZambia Copper Expansion Update
23rd Jan 20247:00 amRNSOperational and Projects Update Q2 FY2024
4th Jan 20243:00 pmRNSTR-1: Notification of major holdings
3rd Jan 202412:00 pmRNSResults of General Meeting
15th Dec 20231:53 pmRNSResults of Placing and Notice of General Meeting
15th Dec 20237:00 amRNSProposed Placing
13th Dec 20232:30 pmRNSReply to Shareholder Correspondence Regarding a GM
12th Dec 20237:00 amRNSInvestment in Historical Waste Rock Dump in Zambia
21st Nov 20233:30 pmRNSInvestor Webcast
17th Nov 20237:00 amRNSNew Corporate Presentation
3rd Nov 20231:30 pmRNSResult of AGM
1st Nov 20237:05 amRNSQ1 Operational Report to 30 September 2023
17th Oct 20237:00 amRNSAward of New Slag Project with Mopani Copper Mines
11th Oct 20237:00 amRNSFinal Results and Notice of AGM
5th Oct 20237:00 amRNSNotice of Results
21st Aug 20237:00 amRNSSouth Africa and Zambia Project Expansion Update
14th Aug 20237:00 amRNSAppointment of CFO and Head of Energy Metals
20th Jul 20237:00 amRNSOperational Update for full year to 30 June 2023
6th Jun 20237:00 amRNSEXPANSION OF CHROME AND PGM FOOTPRINT
4th May 20233:29 pmRNSExercise of Options
24th Apr 20237:00 amRNSCompany Update
23rd Mar 20234:35 pmRNSPrice Monitoring Extension
20th Mar 20237:00 amRNSHalf-Yearly Financial Report to 31 December 2022
17th Mar 20237:00 amRNSNotice of Results
17th Feb 20231:00 pmRNSDirector/PDMR Shareholding
17th Feb 20237:00 amRNSDirector/PDMR Shareholding
16th Feb 20237:00 amRNSInvestor Presentation
15th Feb 20239:05 amRNSSecond Price Monitoring Extn
15th Feb 20239:00 amRNSPrice Monitoring Extension
15th Feb 20237:00 amRNSOperations Update 6 months to 31 December 2022
24th Jan 202312:11 pmRNSTR-1: Notification of major holdings
23rd Jan 20238:00 amRNSExercise of Warrants
18th Jan 20233:48 pmRNSExercise of Warrants - Correction
18th Jan 20238:00 amRNSIssue of Equity
13th Jan 20232:05 pmRNSSecond Price Monitoring Extn
13th Jan 20232:00 pmRNSPrice Monitoring Extension
12th Jan 20234:40 pmRNSSecond Price Monitoring Extn
12th Jan 20234:35 pmRNSPrice Monitoring Extension
19th Dec 20227:00 amRNSZambia Update, Corporate Update & Warrant Exercise
24th Nov 20227:30 amRNSExercise of Warrants
22nd Nov 20228:51 amRNSCopper and Cobalt Operations Update
18th Nov 202212:00 pmRNSExercise of Warrants
16th Nov 20223:48 pmRNSResult of AGM
4th Nov 20227:00 amRNSExercise of Warrants

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

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.