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Jubilee Metals reveal details of three acquisitions in copper and cobalt tailings projects in Zambia
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Jubilee Metals Group PLC to boost refining capacity in Zambia under Mopani Copper Mines PLC agreement
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Jubilee Metals Group 178% year-on-year increase in combined attributable operational earnings
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Can the Jubilee Metals (JLP) share price climb even higher?
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Jubilee Metals(LSE:JLP) share price has been on fire over the past year, increasing by nearly 450%! What’s caused this enormous growth? And should I be adding this business to my portfolio?
The rising Jubilee Metals (JLP) share price
Jubilee Metals is a mining exploration company operating within Zambia. The firm used to primarily focus on finding and extracting platinum. But, more recently, its diversified portfolio now includes chrome, copper, and cobalt too.
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Jubilleâs Project Roan delivers first copper concentrate
By Dineo Faku
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JOHANNESBURG - LONDON and JSE-listed Jubilee Metals said yesterday that it had delivered the first copper concentrate from the Jubilee Sable Refinery at Project Roan ahead of schedule.
Project Roan is the first of three processing plants that Jubilee aims to construct in order to recover copper and cobalt in these facilities, with the target of 25 000 tons of copper a year.
At full capacity, Project Roan is expected to recover 10 000 tons of copper equivalent a year.
Chief executive Leon Coetzer said the successful delivery on time of copper concentrate from Project Roan to the fully operational Sable Refinery was the first major step in the groupâs commitment to achieve its targeted production of 25 000 tons of copper a year within the next four years and taking a leading role in the processing of surface tailings in Zambia.