Jubilee Metal’s 12-month PGM and chrome production beats guidance

Jubilee Metals Group saw a strong operational performance from its South Africa PGM and chrome operations that exceeded its guidance for the 12 months to June 30, the diversified metals processing group said in an operational update yesterday.

The results reflected an ability to successfully navigate power and infrastructure challenges in South Africa, the London and JSE listed UK-based group said.

PGM operations recorded 42 474 ounces, up from 41 456 ounces in 2022. PGM production increased 2% over the 2022 financial year, exceeding full year guidance of 38 000 ounces.

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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