IRH and Jubilee Metals to establish copper extraction JV in Zambia

Copper prices moved higher on Monday, driven by dwindling raw material supply and investors’ focus on a potential BHP Group-Anglo American deal that would make the world’s largest copper miner. Three-month copper on the London Metal Exchange CMCU3 advanced 0.5%to $10,018.50 per

Copper prices hit a record high on Friday in Shanghai while risingto a two-year high in London after surpassing a strong resistance level of $10,000 a metric ton, backed by investment flows from funds. Three-month copper on the London

Aim- and ASX-listed Jubilee Metals has achieved record production levels at its South African chrome operations, both on monthly output for March and for the quarter ended March 31 – which is the third quarter of

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

Zambia’s copper output could rise to around one million tonnes (mt) a year by 2026 as investment in expanding production at mines continues to add to capacity, the nation’s finance minister, Situmbeko Musokotwane, said on Friday.

In the midst of global supply challenges, copper demand remains robust, propelled by the energy transition and advanced technologies such as artificial intelligence (AI). This mounting demand signals a bullish market trend for the versatile metal,

Abu Dhabi’s International Resources Holding (IRH) has affirmed its commitment to form a joint venture (JV) with Jubilee Metals Group, a diversified metals processor, to undertake a copper waste rock project in Zambia. Additionally, IRH aims

Shares in Jubilee Metals lifted up 3.76% on the JSE Altx to close at R1.38 on Thursday after it reported tolling agreements to February 2027, while construction of a second processor module was on course for

Abu Dhabi’s International Resources Holding (IRH) has exercised its right to proceed with the formation of a joint venture (JV) vehicle with diversified metals processor Jubilee Metals Group for the implementation of a copper waste rock

London copper prices rose on Monday, rebounding from a weekly loss, as the piling up of inventories in top consumer China slowed. Three-month copper on the London Metal Exchange (LME) CMCU3 rose 0.5% to $8,912 a metric ton

Copper hit a fresh 11-month high in London, tracking a rally in US equity markets at the start of a busy week for global central-bank policy. Prices climbed as much as 1% to $9,164.50 a ton

Copper prices soared on Wednesday to their highest in seven months after Chinese smelters, which process half of the world’s mined copper, agreed on a joint production cut. Benchmark three-month copper on the London Metal Exchange

Jubilee Metals Group PLC, a prominent London-based metal processing company with significant projects in South Africa and Zambia, has recently made strategic changes to its executive structure by establishing dedicated subsidiary boards for its operations in

Metals processor Jubilee Metals has established separate subsidiary boards for its South African and Zambian operations to better reflect the current level of business maturity of those operations. “Jubilee has reached an exciting inflection point in