Sign up UNITED KINGDOM
Proactive Investors - Run By Investors For Investors

Jubilee Platinum shares head north as Dilokong tailings plant ramps up

Jubilee Platinum (LON:JLP) shares added over 9% as it said the tailings plant at ASA Metals' Dilokong chrome mine in South Africa was commissioned and operating.
Jubilee Platinum shares head north as Dilokong tailings plant ramps up
The ramp-up has reached 85% of design throughput with the feed rate reaching an extrapolated 21 000 tons per month compared to design of 25 000 tons per month, the firm said...

Jubilee Platinum (LON:JLP) shares added over 9% as it said the tailings plant at ASA Metals' Dilokong chrome mine in South Africa was commissioned and operating.

The ramp-up has reached 85% of design throughput with the feed rate reaching an extrapolated 21 000 tons per month compared to design of 25 000 tons per month, the firm said.

"The company will continue to update shareholders and remains focused in reaching full operational output during March 2016 while simultaneously advancing the construction of the significantly larger platinum and chrome surface processing project at the Hernic operations targeting a combined processing capacity of 80 000 tonnes of feed material per month," said Jubilee.

Shares added 9.16% to 3.575p.

View full JLP profile View Profile

Jubilee Platinum PLC Timeline

Related Articles

1510084972_canadian-flag-1.jpg
November 07 2017
Work is currently testing a large 2-D anomaly at the southeastern edge of the target called the Hamblin zone.
Platinumingot.jpg
June 15 2017
Eurasia Mining is making significant progress with its Russian platinum projects
Elementos: Access latest PPT from Proactive's CEO Sessions
July 27 2017
Chris Dunks discussed tin production timeline at Proactive's CEO Sessions.

No investment advice

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person. You further understand that none of the information providers or their affiliates will advise you personally concerning the nature, potential, advisability, value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter.

You understand that the Site may contain opinions from time to time with regard to securities mentioned in other products, including company related products, and that those opinions may be different from those obtained by using another product related to the Company. You understand and agree that contributors may write about securities in which they or their firms have a position, and that they may trade such securities for their own account. In cases where the position is held at the time of publication and such position is known to the Company, appropriate disclosure is made. However, you understand and agree that at the time of any transaction that you make, one or more contributors may have a position in the securities written about. You understand that price and other data is supplied by sources believed to be reliable, that the calculations herein are made using such data, and that neither such data nor such calculations are guaranteed by these sources, the Company, the information providers or any other person or entity, and may not be complete or accurate.

From time to time, reference may be made in our marketing materials to prior articles and opinions we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.

© Proactive Investors 2017

Proactive Investor UK Limited, trading as “Proactiveinvestors United Kingdom”, is Authorised and regulated by the Financial Conduct Authority.
Registered in England with Company Registration number 05639690. Group VAT registration number 872070825 FCA Registration number 559082. You can contact us here.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use