Jubilee Metals Group has released its operational update and production figures for the quarter ended 31 March 2024 and provides an update on its rapidly expanding partnerships with small-scale copper miners in Zambia.
Statement from Leon Coetzer, Jubilee Metals CEO:
“Our South African chrome operations have delivered an exceptional performance, setting new record production levels for both the quarter and our monthly output for March 2024. The team’s performance speaks to our renowned technical and processing capabilities supported by the modular expansion approach. The processing efficiencies underpinning this performance continues to offer additional growth opportunities in this sector.
“We remain firmly committed to replicating the success of this modular expansion strategy at our Zambian Operations. I am encouraged by the team’s ability to overcome the final frustrating logistical difficulties that have challenged the completion of Project Roan. Project Roan offers us the ability to significantly step-up our copper production in Zambia within the current quarter.
Jubilee Metals Group plc (LON:JLP) is a diversified metal recovery business with a world-class portfolio of projects in South Africa and Zambia. The Company’s expanding multi-project portfolio across South Africa and Zambia provides exposure to a broad commodity basket including Platinum Group Metals, chrome, lead, zinc, vanadium, copper and cobalt.
