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

Season 7, Episode 13,   Feb 08, 07:30 AM

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.

Disclaimer & Declaration of Interest

The information, investment views, and recommendations in this podcast are provided for general information purposes only. Nothing in this podcast should be construed as a solicitation to buy or sell any financial product relating to any companies under discussion or to engage in or refrain from doing so or engaging in any other transaction. Any opinions or comments are made to the best of the knowledge and belief of the commentator but no responsibility is accepted for actions based on such opinions or comments. The commentators may or may not hold investments in the companies under discussion.