Jubilee Metals Group (LON:JLP), a diversified metals producer with operations in South Africa and Zambia, has today published its unaudited operational and project update for the quarter ended 30 September 2024 (Q1 FY2025), setting a strong foundation for meeting announced performance targets for the year and the continued success into FY2025.
The Company has experienced impressive organic growth in its South African operations, which are now well-established and consistently delivering strong results. Building on the success of our South African strategy, the Company has mirrored this approach in Zambia, where its initial focus was on the substantial capitalisation of assets to establishing two critical processing hubs – the Sable Refinery (Sable) and Roan Concentrator (Roan). With this capital cycle now nearing completion, Jubilee has effectively integrated and ramped up both its newly commissioned Front-End module and the recently completed Flotation and Milling circuit at Roan, marking a key milestone in delivering on its expanded copper strategy.