Jubilee Metals Group plc (LON:JLP), a diversified metals producer with operations in South Africa and Zambia, has announced progress on restarting its Roan operations following stable power delivery, as well as the processing of new higher-grade copper feed material, in order to accelerate the production of copper.
As announced on 20 January 2025, Jubilee has implemented a new power agreement after the national power outages had a material impact on the Company’s copper production for the months of December 2024 and January 2025.
In support of the Company’s accelerated copper production strategy Jubilee has prioritised the processing of new higher-grade copper feed material while reviewing the option to trade, where appropriate, a portion of the vast quantity of surplus lower grade stocks it currently holds and that do not form part of the Company’s short to medium term production plans.
