Jubilee’s South African operations deliver solid results

Jubilee Metals Group announced its six-month operations update for the period ending 31 December 2022 (H1,FY2023) and an update to its Zambian copper and cobalt strategy.

The company is pleased to have delivered operational performance broadly in-line with management’s expected earnings and revenue targets for H1 FY2023, mainly supported by the performance of its South African PGM and chrome operations which largely buffered the impact of the power and water infrastructural challenges faced in Zambia which have since been addressed.

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.

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