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Leon Coetzer
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Aim-listed Jubilee Metals has resumed run-of-mine deliveries from its Molefe mine to the Sable refinery in Zambia following successful expansion of Pit 2 under an updated mine plan combining pits 2 and 3. CEO Leon Coetzer says deliveries will increase to a targeted 6 000 t a month in June, stepping up to 8 500 t a month by August and reaching 10 000 t a month by October, equating to more than a 100% increase in run-of-mine deliveries to Sable.
Roan concentrator returns to full capacity after maintenance shutdownThe yearly maintenance shutdown at Jubilee's Roan concentrator in Ndola was completed in May, with operations resuming at full capacity and a run-of-mine throughput target of 30 000 t a month. Coetzer says the company used the scheduled downtime to implement key interventions to counter the sharp rise in global fuel and acid prices, including expansion of the copper oxide recovery circuit to improve copper efficiencies by a targeted 5%.
Jubilee secures $1.5-million investment for Molefe expansionJubilee has secured a $1.5-million unsecured convertible loan note from an undisclosed investor with a successful record in copper project development, specifically designated for accelerated development of the greater Molefe region. Discussions are under way for a further $10-million staggered investment, with the company's nine-month copper output to end-March up 28.7% year-on-year to 2 177 t.
Leon Coetzer Updates
Aim-listed Jubilee Metals has resumed run-of-mine (RoM) deliveries to Sable refinery, where refining activities have restarted following the successful expansion of the Molefe mine Pit 2 as part of...
The yearly maintenance shutdown at Jubilee’s Roan concentrator operations, in Ndola, Zambia, was completed in May, with operations successfully resuming at full capacity and with a run-of-mine...
Zambia-focused integrated copper producer and resource developer Jubilee Metals, which is listed on the Aim and the AltX, has secured a $1.5-million unsecured convertible loan note investment...
Zambia-focused integrated copper producer and resource developer Jubilee Metals’ total saleable copper production for the nine months ended March 31 increased by 28.7% year-on-year to 2 177 t....
Zambia-focused integrated copper producer and resource developer Jubilee has announced an updated near-term mine plan at its Molefe mine following recent results from the Phase 1 drilling and...
Zambia-focused copper producer Jubilee Metals Group says the Phase 1 infill drilling programme at the Molefe mine, which is within trucking distance of the company's Sable refinery, has confirmed...
Aim-listed Jubilee Metals has secured additional high-grade copper feed material for its Roan concentrator, in Zambia, for $1.8-million. Jubilee says it will settle the payment of $1.8-million, or...
Aim-listed Jubilee Metals has reported a solid set of results from its core copper business in Zambia for the half-year ended December 31, 2025, with the Roan operations having reached the targeted...
Zambia-focused copper producer Jubilee Metals says it has continued to advance its copper growth strategy through a structured investment programme aimed at laying the foundation for long-term...
Johannesburg- and London-listed Jubilee Metals Group has signed a cooperation and project development agreement with Galileo Resources to accelerate exploration and development at the Molefe mine,...
Zambia-focused copper producer Jubilee Metals Group has reported positive progress for the quarter ended September 30 – the first quarter of its 2026 financial year – successfully improving its...
Workstreams to conclude the sale by Jubilee Metals of its South African chrome and platinum group metals (PGM) operations are progressing well, the now Zambia copper focused London AIM- and...
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