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Jubilee Metals CEO talks near-term earnings from significant new copper deal in Zambia

Jubilee Metals Group PLC's (LON:JLP) chief executive Leon Coetzer speaks to Proactive London's Andrew Scott after announcing a new joint venture deal in Zambia to process up to 4mln tonnes of copper tailings. He says the plan is to start with an initial 2mln tonnes of leftover material containing more than 2% copper via a processing facility that will cost US$15mln, with first production expected in the next four months.

Quick facts: Jubilee Metals Group

Price: 13.1 GBX

AIM:JLP
Market: AIM
Market Cap: £279.37 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