stocktube videos Proactiveinvestors stocktube videos RSS feed en Fri, 23 Mar 2018 09:35:52 +0000 Genera CMS (Proactiveinvestors) (Proactiveinvestors) Jubilee Platinum anticipating production ramp up at Hernic to continue into Q4 Leon Coetzer, chief executive of Jubilee Platinum PLC (LON:JLP), tells Proactive they enjoyed a big increase in revenues and profits as platinum production from their tailings operation at the Hernic mine ramped up.

Output from Hernic, in South Africa, rose to 2,874 ounces of platinum (PGM) in the three months to September compared to 808oz in the previous quarter.

Further improvement's expected over the rest of the year with October’s performance already ahead of September.

Thu, 26 Oct 2017 00:00:00 +0100
Jubilee Platinum 'accelerating investment into projects' says CEO Leon Coetzer Leon Coetzer, chief executive of Jubilee Platinum PLC (LON:JLP) talks to Proactive following the release of their half-year results.

Losses were cut by more than two-thirds to £0.53mln in the period to December as revenues rose to £4.85mln.

Coetzer says Jubilee was transformed over the period by the sale of its Middelburg operations and the acquisition of three platinum surface processing projects.

Mon, 03 Apr 2017 00:00:00 +0100
Copper tailings project excites on a number of fronts, says Jubilee Platinum boss Chief executive of Jubilee Platinum (LON:JLP) Leon Coetzer walks us through the rationale behind securing  a surface copper tailings project in Australia.
He said it met a number of the firm's criteria. Fiirstly, that it was a surface project, secondly that it required metallurgical expertise to unlock the copper, that the capital entry level was quite low and that the the timeline between starting investing and earning from the property  was quite short.
"We found this project, which excited us on a number of fronts," he said.

Thu, 09 Mar 2017 00:00:00 +0000
Jubilee Platinum’s share chart shows the “dirty work” done, Zak Mir predicts a rally Looking at the chart for Jubilee Platinum PLC (LON:JLP) technical analyst Zak Mir says the “dirty work” was done a year ago.
He highlights that the share has been consolidating a recovery of late but will in time rally from current levels, around 3.5p, to retest 6p.
“Precious metal stocks have been on the front foot in a massive way,” Mir said in a Tips TV segment for Proactive Investors.
Fri, 14 Oct 2016 00:00:00 +0100
Jubilee Platinum PLC boss "very delighted" with Dilokong project progress Leon Coetzer, chief executive at Jubilee Platinum PLC (LON:JLP), said the firm was "very delighted" with progress at the Dilokong chrome mine (DCM) project in South Africa.
The firm  is processing surface tailings dumps there to produce chromite concentrate.
And it's going well. Production climbed to 9,670 tons in July, which was up 29% month-on-month, while revenue from the sale of concentrate was 33% higher than in June at £692,000.
Coetzer put the performance down to the fact the group had total control of all surface operations at Dilokong, which means it is operating both it and ASA Metals' processing unit at full capacity.
Moreover, the group is also in "advanced" discussions to bring in third party material, which will allow it to access a third processing facility on site, which Coetzer hopes will start within the next quarter, he says

Thu, 18 Aug 2016 00:00:00 +0100
Jubilee Platinum chief says revenues at Hernic take project to next level Jubilee Platinum PLC (LON:JLP) says the revenues for its flagship Hernic PGM project are extremely significant and is progressing on schedule.
Chief executive Leon Coetzer says numbers are in line with expectations and will take the company into a very strong position.
Commissioning of what will be the world's largest platinum recovery plant from chrome tailings is earmarked to begin in December this year.
Elsewhere the group revealed a doubling of chrome concentrate production from its Dilokong tailings project (DCM) in the latest half year.
Coetzer says discussion are to conclude within the next 4-5 weeks when the group will decide whether or not build its own processing plant at the site.

Mon, 11 Jul 2016 00:00:00 +0100
Jubilee’s processing plans protect firm from platinum price, says CEO Leon Coetzer, chief executive of Jubilee Platinum (LON:JLP), says the firm’s platinum processing operations will avoid key risk areas and become profitable, even with platinum prices at historic low levels.

“None of our projects are true mining,” says Coetzer. “We’re focusing on the materials which have been mined.

"That means we avoid labour challenges, major fundraising challenges and the weaker platinum price."

Jubilee recently sold its smelting and power generating operations in South Africa.

Now the firm is focused on bringing its platinum tailings projects at ASA’s Dickong chrome mine and with chrome group Hernic on stream. The ASA project could be up and running in nine months times.

Wed, 11 Nov 2015 00:00:00 +0000
Jubilee Platinum CEO focused on delivery after securing funding The chief executive of Jubilee Platinum (LON:JLP), Leon Coetzer, says the firm is focused on bringing its two platinum surface projects into operation after securing funding.

Today the firm said it had raised £2.4mln in a share placing and the money, together £12.9mln of debt funding, will provide the necessary means for the design, construction, commissioning and working capital during the ramp-up phase of the South African projects.

Wed, 05 Aug 2015 00:00:00 +0100
Jubilee Platinum "exciting" deal with Platinum Australia Jubilee Platinum (LON:JLP JSE:JBL) tells Proactiveinvestors that the planned all paper deal to merge with Platinum Australia is an "exciting" development for the company. Colin says that everything that Platinum Australia is doing fits well with the JLP strategy. ]]> Thu, 20 Dec 2012 00:00:00 +0000 Jubilee Platinum CEO says its focussed on cashflow to drive operations Leon Coetzer, CEO of Jubilee Platinum (LON:JLP JSE:JBL), tells Proactiveinvestors that JLP is focussed on driving growth through cashflow rather than being reliant on capital investment through equity. Leon also talks about the processes involved in producing Jubilee’s ferroalloy from which platinum is extracted and how this will enable shareholders to benefit from the company’s early positioning ahead of the rejuvenation of the sector.

Wed, 25 Apr 2012 00:00:00 +0100