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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.

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