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Jubilee Metals CEO discusses acquisition of large copper tailings resource in Zambia

Jubilee Metals Group PLC's (LON:JLP) Leon Coetzer speaks to Proactive London's Andrew Scott after announcing they've secured the rights to around 150mln tonnes of copper tailings to be refined at its Sable refinery in Zambia. He says they're aiming to increase the capacity of the refinery to over 25,000 tonnes of copper per year over time. Coetzer adds that the new project, which was acquired by entering a joint venture with the rights holder Star Tanganika Limited, has the potential to more than double its current earnings profile

Quick facts: Jubilee Metals Group

Price: 13.2 GBX

AIM:JLP
Market: AIM
Market Cap: £281.51 m
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Jubilee Metals Group marks 'year of delivery' on South African strategy and...

Jubilee Metals Group PLC's (LON:JLP) Leon Coetzer caught up with Proactive London about their  'year of delivery' of their South African chrome strategy and operations.  Coetzer says there has been 'tremendous growth of production both in platinum, palladium as well as our chrome...

on 14/12/20

2 min read