Jubilee Metals today announces the receipt of a conditional binding offer from a ‘private mining and metal trading company’ for the sale of its operating chrome-PGM division in South Africa for a total of up to $90m. The sale is dependent upon usual conditions on the sale of a mining asset and shareholder approval. Jubilee management approves of the deal as the capital requirements expected in Zambia become due. Management thinks that much of the simple, and cheap, expansion projects in South ....