Risers & Fallers: Jubilee Platinum, Rurelec, Strategic Minerals, Ferrum Crescent and more
Jubilee Platinum led the risers as it sold its smelter and power operations in South Africa for £5.8mln. Rurelec led the fallers.
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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Jubilee Platinum knows of no reason for share rise
Jubilee Platinum (LON:JLP) said it knows of no reason for the sharp increase in the recent share price. Shares in the group are over 21% higher today at 2.4p and have risen around 33.3% since June 10.
Shard Market Eye - Jubilee Platinum's building blocks in place
Dual-listed Jubilee Platinum is a South African Platinum production specialist, building supply chain capacity from ‘Mine-to-Metal’. With a 63% share of an estimated 70 million ounce Platinum Group Element resource on the eastern limb of th