Jubilee today announces that it has tied up access to a further 115Mt of copper (cobalt) tailings (grading 0.3% copper and 0.05% Co) within 50km of its “Project Elephant” (with 150Mt of tailings). Today's news fits right into Jubilee's strategy in Zambia of securing sufficient feed for its Sable copper refinery at Kabwe and this should enable a near doubling of capacity at this existing plant to 25kt/yr of copper cathode over the short-term.
05 Nov 2020
WHI Flash Light: Jubilee Metals (JLP) - Additional copper tailing resources acquired in Zambia
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WHI Flash Light: Jubilee Metals (JLP) - Additional copper tailing resources acquired in Zambia
Jubilee Metals Group PLC (JLP:LON) | 6.8 0 (-0.7%) | Mkt Cap: 202.9m
- Published:
05 Nov 2020 -
Author:
Paul Smith -
Pages:
4
Jubilee today announces that it has tied up access to a further 115Mt of copper (cobalt) tailings (grading 0.3% copper and 0.05% Co) within 50km of its “Project Elephant” (with 150Mt of tailings). Today's news fits right into Jubilee's strategy in Zambia of securing sufficient feed for its Sable copper refinery at Kabwe and this should enable a near doubling of capacity at this existing plant to 25kt/yr of copper cathode over the short-term.