Hernic project to reach full design capacity by June, says Jubilee Platinum
The ramp-up to full capacity is expected to be reached during June, once the hydraulic-mining processing unit has been brought on-line
Company
Jubilee Metals Group PLC
LON:JLP
Jubilee Metals Group PLC is a global industry-leading metal recovery business focussed on the retreatment and recovery of metals from mine tailings, waste, slag, slurry and other secondary materials generated from mining operations. The company’s expanding multi-project portfolio across South Africa and Zambia provides exposure to a broad commodity basket including platinum group metals (PGMs), chrome and copper.
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Zak Mir - Rekindling a passion for DIY and why Hurricane Energy may still have plenty of fuel in the tank
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Ironveld snaps up Middelburg smelter to bring forward production
“The anticipated profits and free cash flow from the Smelting Plant will place the Company in a considerable position of strength,"
Jubilee Platinum slashes losses as tailings operations ramp up
The improvement reflected the start–up of its tailings treatment plant at the Dilokong chrome mine
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Metal Tiger buoyed by strong response to partner's fund raise
Main share price risers and fallers in London at 4pm: Metal Tiger, Ilika
Jubilee Platinum nails third tailings deal in a week
Financing for the acquisition is through a placing at 5p to raise £3.3mln.
Investments and investor services
FTSE 100 hits record high close, again
FTSE 100 stocks closed at a record high on Friday for a second successive session, after making a fresh intraday peak, and a good way for equity investors to end the week
Jubilee Platinum sources more chrome tailings for Dilokong plant
Jubilee has also received the final payment of £390,000 for its now sold Middelburg smelter.
Jubilee Platinum moves into copper through Aussie tailings deal
Jubilee expects to be generating cashflow within six months of completing the acquisition.
FTSE 100 stocks endure a refund as supermarket Morrison falls
FTSE 100 stocks bagged a net loss on Thursday after supermarket chain WM Morrison fell on an uncertain outlook
Production at Jubilee Platinum’s Dilokong project back on track
Production rates at the chrome project had been temporarily hit as upgrades were made to the tailings storage facility
Archive
Proactive weekly mining news – Harvest Minerals, Jubilee Platinum, Sunrise Resources
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Further reaction to this week's news boosts Wey Education and Rosslyn Data Technologies
Some of the largest rises and falls in London at 3.20pm included Wey Education, Rosslyn Data Technologies, Thor Mining
Jubilee Platinum soars after milestone development at Tjate
"We are pleased that the Tjate Platinum Project has received the mining right," said CEO Leon Coetzer