Jubilee Metals Group said yesterday it has formed a strategic partnership with Abu Dhabi-based International Resources Holdings (IRH) to recover copper from a historic waste dump in Zambia.
The waste deposit was created with disposed material and ore, considered too low grade at the period, from more than 60 years of mining.
Preliminary estimates indicate that the project can produce around 2,000 tonnes (t) of copper per month using Jubilee’s modular copper units.
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.
