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General mining & base metals

Jubilee Metals rises 3% after upbeat update

Jubilee Metals Group PLC (AIM:JLP, JSE:JBL, OTC:JUBPF)'s share price nudged 3% higher in early trading after an upbeat operational update.

Chief executive Leon Coetzer highlighted the firm's "exciting growth path" as it updated on its South African chrome joint venture and the expansion of its Roan Concentrator in Zambia.

In South Africa, Jubilee has successfully commissioned a brownfield processing facility, aiming to enhance chrome processing capacity by 360,000 tonnes annually.

In Zambia, Jubilee's copper strategy is progressing faster than anticipated, with the Roan upgrade set for October.

At 9.18 am, the stock was up 0.17p at 6.52p.

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