Sign up United Kingdom
Proactive Investors - Run By Investors For Investors

Jubilee Platinum anticipating production ramp up at Hernic to continue into Q4

Leon Coetzer, chief executive of Jubilee Platinum PLC (LON:JLP), tells Proactive they enjoyed a big increase in revenues and profits as platinum production from their tailings operation at the Hernic mine ramped up.

Output from Hernic, in South Africa, rose to 2,874 ounces of platinum (PGM) in the three months to September compared to 808oz in the previous quarter.

Further improvement's expected over the rest of the year with October’s performance already ahead of September.

 
Meet Anglo Asian Mining PLC, Jersey Oil and Gas PLC, Europa Oil & Gas (Holdings) Plc, ANGLE plc and Eurasia Mining plc at our event, Dublin , 22 November 2018. Register here »
View full JLP profile View Profile

Jubilee Metals Group Timeline

© Proactive Investors 2018

Proactive Investors Limited, trading as “Proactiveinvestors United Kingdom”, is Authorised and regulated by the Financial Conduct Authority.
Registered in England with Company Registration number 05639690. Group VAT registration number 872070825 FCA Registration number 559082. You can contact us here.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use