Midweek Takeaway with Leon Coetzer, CEO of Jubilee Metals (AIM:JLP) #JLP

Phil Carroll and Kevin Hornsby are joined by Leon Coetzer, CEO of Jubilee Metals after the company provided an update on progress at their copper operations in Zambia where they aim to achieve an initial production goal of 25,000 tonnes of copper annually. This strategy involves expanding both the copper resource base and processing capacity. Key developments include the Roan Concentrator and Sable Refinery expansions, with a new copper processing module and concentrate line increasing capacity significantly. Additionally, partnerships like the Waste Rock Project with International Resources Holding RSC Limited and the acquisition option for the Monkoyo Project highlight Jubilee's commitment to unlocking overlooked copper resources. Early testing at Monkoyo has revealed high copper grades, with a significant copper anomaly identified, promising to supply the Sable Refinery. Leon expressed satisfaction with the progress, including the discovery at Monkoyo and the advancement of the waste rock project, emphasizing Jubilee's strategy to transform abandoned projects into viable operations through processing excellence.

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