Jubilee's Zambia mining licence renewed

14th September 2020

By: Marleny Arnoldi

Deputy Editor Online

     

Font size: - +

Aim- and AltX-listed Jubilee Metals’ application for the renewal of a small-scale mining licence in Kabwe, Zambia, has been granted by the Zambian Minister of Mines and Mineral Development.

The licence is in respect of lead, zinc, copper and cobalt and has been renewed for ten years.

CEO Leon Coetzer says that, as Jubilee continues to aggressively drive its expansion across both its Zambian and South African operations, the renewal of the licence in Zambia is an endorsement of the work that the company is doing on the ground at Kabwe and the support from government.

Jubilee has made significant progress in Zambia since it acquired the Sable Zinc Kabwe Refinery last year, particularly with the company securing access to vast amounts of copper-containing surface tailings.

The company aims to produce first copper concentrate from its most recently acquired copper run-of-mine material within the next three months. It will also start processing 150-million tonnes of copper tailings that it secured in June.

Meanwhile, Jubilee has appointed financial services expert Nicholas Taylor as a nonexecutive director to the board.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

Comments

The functionality you are trying to access is only available to subscribers.

If you are already a subscriber, you can Login Here.

If you are not a subscriber, you can subscribe now, by selecting one of the below options.

For more information or assistance, please contact us at subscriptions@creamermedia.co.za.

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