Source - Alliance News

Jubilee Metals Group PLC - London-based metal processing company, with projects in South Africa and Zambia - Produces first copper concentrate from its new front-end section of the Roan concentrator plant in Zambia. Jubilee opened this front-end section on Thursday last week. Says the copper concentrate produced from Roan’s front-end module will be refined to produce copper cathode at its Sable refinery. The company’s Zambian copper processing operational footprint now encompasses both the Roan mill-and-float circuit and front-end module, as well as the Sable refinery, which is currently being upgraded for a combined in-country copper capacity in excess of 25,000 tonnes per annum.

London stock price: 6.00 pence

12-month change: down 12%

Johannesburg stock price: R 1.37

12-month change: down 19%

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