Jubilee Metals Group strong Q1 operational performance and on track against FY guidance

Jubilee Metals is actively seeking additional near-surface copper resource opportunities in Zambia after completing due diligence for an open-pit mine in the region. This step is part of its plan to increase copper production in the

Jubilee Metals, a diversified producer of metals, has completed its due diligence of Project G, an openpit copper mining operation in Zambia. The company has decided to increase its stake in the project, raising its holding

Copper has shaped human civilisation for millennia, and in the 20th century, its story was deeply connected to the rise in electricity demand. Copper became indispensable to our energy systems and modern technology. Moving forward, it

Copper prices in London took a dip on Friday, but the overall performance for the week painted a much brighter picture, marking the best weekly gain in over four months. This improvement came after officials in

London copper prices rose at the beginning of the week, supported by signs of increasing demand from China, the world’s largest consumer of copper, along with declining inventories. Meanwhile, most other base metals saw a drop,

Copper prices remained close to their two-month highs on Tuesday, driven by growing expectations that the US Federal Reserve might cut interest rates. This anticipation placed pressure on the dollar, which further influenced the metals market.

Jubilee Metals has entered into a three-year power purchase agreement (PPA) with Lunsemfwa Hydro Power Company (LHPC). This independent Zambian energy producer specialises in both hydropower and solar energy. Under the terms of the agreement, Jubilee

Copper prices are poised for an unprecedented surge, with Pierre Andurand, a prominent hedge fund manager, predicting that the metal could reach an astounding $40,000 per ton within the next few years. This projection follows a

Jubilee Metals, a diversified metals producer with operations in South Africa and Zambia, has successfully commenced operations at its Roan upgrade project in Zambia. This development enhances the processing capacity and flexibility of the Roan plant,

Jubilee Metals Group has successfully started producing copper concentrate from the new front-end module at its Roan concentrator plant in Zambia. This concentrate will be further refined at the company’s Sable refinery, transforming it into copper

Copper prices experienced an uptick on Monday, buoyed by diminishing concerns of a U.S. recession after robust economic data was released the previous week. Additionally, a decline in inventories in China, the world’s largest consumer of

Copper prices experienced a boost on Wednesday, driven by optimism regarding possible U.S. interest rate cuts and the effects of a strike at Chile’s Escondida mine, the largest copper mine globally. The 3-month copper contract on

Jubilee Metals Group has initiated operations at its Roan Upgrade project in Zambia, marking a pivotal advancement in its goal to enhance copper processing capabilities. The project, featuring a newly constructed front-end section, aims to bolster