https://www.engineeringnews.co.za
Africa|Business|Coal|Construction|Contractor|Copper|Financial|Mining|Platinum|PROJECT|Refinery|Refining|Slurry|Surface|transport|Waste|Water|Environmental|Waste|Operations
Africa|Business|Coal|Construction|Contractor|Copper|Financial|Mining|Platinum|PROJECT|Refinery|Refining|Slurry|Surface|transport|Waste|Water|Environmental|Waste|Operations
africa|business|coal|construction|contractor|copper|financial|mining|platinum|project|refinery|refining|slurry|surface|transport|waste-company|water|environmental|waste|operations

South Africa’s high-flying Jubilee creating 800 mostly long-term jobs in Zambia

Screenshot of website image and enhancement

Copper and cobalt in Zambia and platinum group metals and chrome in South Africa.

16th May 2022

By: Martin Creamer

Creamer Media Editor

     

Font size: - +

JOHANNESBURG (miningweekly.com) – Diversified metal recovery business Jubilee, which is rolling out an investment of R786-million in South Africa and Zambia, has offered employment and contractor opportunities to more than 800 people in Zambia, most of which are long term, the company stated in a release on Monday.

In Zambia, the London Aim and Johannesburg AltX company is targeting copper and cobalt through its Project Roan concentrator commissioning and Sable Copper and Cobalt Refinery, while in South Africa, its new and expanded Inyoni Operations is exceeding chrome and platinum group metals (PGMs) throughput targets.

“Crucially, and in line with our goals to promote sustained, inclusive economic growth, the Southern Copper Refining Strategy has resulted in significant job creation, with total jobs filled in Zambia reaching near 800 during the last 12 months,” Jubilee CEO Leon Coetzer, who spent 16 years with Anglo American Platinum, stated in the release to Mining Weekly.

With the completion of the construction of Project Roan, accelerating investment into the Northern Refining Strategy targeting the Luanshya, Kitwe and Mufulira areas of Zambia is also in sight.

Chaired by Colin Bird – formerly of Anglo Coal – and vice-chaired by Dr Mathews Phosa – Mpumalanga province’s first Premier in 1994 – Jubilee is on course towards achieving its PGMs production target of 44 000 oz/y through its 100%-owned Inyoni alone and is targeting 1.2-million tonnes of chrome concentrate a year.

On a chrome by-product credits basis, Jubilee’s net first-quarter cost of producing an ounce of PGM was $433/oz excluding transport costs of $198/oz.

Project Roan is expected to complete targeted ramp-up of 830 t of copper a month during July 2022. The new cobalt circuit is expected to commence commissioning next month at a cost of $81 000/t of cobalt.

Jubilee’s business model focuses on recovering metals from mine tailings, waste, slag, slurry and other secondary materials generated from mining operations.

While extracting financial returns, it rehabilitates environments scarred by the surface footprint of historical mining operations, solving air and water pollution issues associated with those installations.

Minimising the environmental footprint of mine tailings contributes to the fight against climate change and the reduction of the mining industry's carbon footprint.

Jubilee’s portfolio across South Africa and Zambia provides exposure to not only PGMs, chrome, copper and cobalt, but also lead, zinc and vanadium, and the recovery circuits for these metals are planned to be incorporated at the Sable Refinery, Jubilee states on its website.

Edited by Creamer Media Reporter

Comments

Showroom

SAIMC (Society for Automation, Instrumentation, Mechatronics and Control)
SAIMC (Society for Automation, Instrumentation, Mechatronics and Control)

Education: Consulting with member companies to obtain the optimal benefits from their B-BBEE spending, skills resources as well as B-BBEE points

VISIT SHOWROOM 
Flameblock
Flameblock

FlameBlock is a proudly South African company that engineers, manufactures and supplies fire intumescent and retardant products to the fire...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.094 0.146s - 141pq - 2rq
Subscribe Now