Sunday Roast featuring Leon Coetzer, CEO of Jubilee Metals (AIM: JLP), and Colin Bird, Chairman of Bezant Resources (AIM: BZT) and Xtract Resources (AIM: XTR) #JLP #EUA #OMI #ARCM #BZT #XTR #KDR #TM1
Season 9, Episode 61, Feb 09, 11:45 AM
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In this episode of The Sunday Roast, Phil Carroll and Kevin Hornsby are joined by Leon Coetzer, CEO of Jubilee Metals Group (AIM: JLP), to discuss the latest developments in the company’s Zambian operations. Leon provides insights into the restart of the Roan concentrator following the stabilization of power supply and the processing of higher-grade copper feed, which is expected to accelerate production. Jubilee has secured 200,000 tonnes of copper material at 1.6% copper, more than doubling the previous feed grade, and is evaluating the potential for long-term supply. The discussion also covers Roan’s capacity to process up to 45,000 tonnes per month, the $2.7 million material acquisition, and ongoing due diligence on the Large Waste Project.
The team also welcomes Colin Bird, Executive Chairman of Bezant Resources (AIM: BZT), to discuss the latest news surrounding the company’s Mankayan Copper-Gold Project in the Philippines. Bezant’s interest in Mankayan is held through IDM International Limited, which has announced a proposed merger with ASX-listed Blackstone Minerals Ltd via a scheme of arrangement. Under the deal, IDM shareholders will receive 7.4 Blackstone shares for every 1 IDM share, resulting in 692.1 million new Blackstone shares being issued, with an implied equity value of AUD 18.7 million for IDM.
Additionally, Colin Bird provides insights into Xtract Resources’ (AIM: XTR) latest move in Zambia, where the company has agreed to purchase dump material in the Zambian Copperbelt for $300,000. This acquisition, funded from existing cash reserves, will allow Xtract to conduct trial testing and evaluation of historical mining dump material to assess its grade, quantity, and treatability before considering further purchases. Under the agreement, Xtract will pay $1.15 per tonne, with the seller retaining responsibility for statutory royalties and duties.
Beyond company news, the team also covers the week’s biggest headlines, market movers and shakers, and their top TV recommendations.
Tune in for an in-depth discussion on Jubilee, Bezant, and Xtract Resources, along with the latest trends shaping the mining sector and beyond.
00:00 - 00:15:18 Weekly News Roundup
00:15:18 #JLP Interview
00:37:53 Colin Bird
00:45:46 #EUA
00:45:54 #OMI
00:46:18 #ARCM
00:46:55 #BZT
00:47:51 #BZT with Colin Bird
01:00:13 #XTR
01:00:46 #XTR with Colin Bird
01:20:39 #KDR
01:22:46 #TM1
01:29:18 TV recommendations
Disclaimer & Declaration of Interest
This podcast may contain paid promotions, including but not limited to sponsorships, endorsements, or affiliate partnerships. The information, investment views, and recommendations provided are for general informational purposes only and should not be construed as a solicitation to buy or sell any financial products related to the companies discussed. Any opinions or comments are made to the best of the knowledge and belief of the commentators; however, 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. Listeners are encouraged to perform their own research and consult with a licensed professional before making any financial decisions based on the content of this podcast.
The team also welcomes Colin Bird, Executive Chairman of Bezant Resources (AIM: BZT), to discuss the latest news surrounding the company’s Mankayan Copper-Gold Project in the Philippines. Bezant’s interest in Mankayan is held through IDM International Limited, which has announced a proposed merger with ASX-listed Blackstone Minerals Ltd via a scheme of arrangement. Under the deal, IDM shareholders will receive 7.4 Blackstone shares for every 1 IDM share, resulting in 692.1 million new Blackstone shares being issued, with an implied equity value of AUD 18.7 million for IDM.
Additionally, Colin Bird provides insights into Xtract Resources’ (AIM: XTR) latest move in Zambia, where the company has agreed to purchase dump material in the Zambian Copperbelt for $300,000. This acquisition, funded from existing cash reserves, will allow Xtract to conduct trial testing and evaluation of historical mining dump material to assess its grade, quantity, and treatability before considering further purchases. Under the agreement, Xtract will pay $1.15 per tonne, with the seller retaining responsibility for statutory royalties and duties.
Beyond company news, the team also covers the week’s biggest headlines, market movers and shakers, and their top TV recommendations.
Tune in for an in-depth discussion on Jubilee, Bezant, and Xtract Resources, along with the latest trends shaping the mining sector and beyond.
00:00 - 00:15:18 Weekly News Roundup
00:15:18 #JLP Interview
00:37:53 Colin Bird
00:45:46 #EUA
00:45:54 #OMI
00:46:18 #ARCM
00:46:55 #BZT
00:47:51 #BZT with Colin Bird
01:00:13 #XTR
01:00:46 #XTR with Colin Bird
01:20:39 #KDR
01:22:46 #TM1
01:29:18 TV recommendations
Disclaimer & Declaration of Interest
This podcast may contain paid promotions, including but not limited to sponsorships, endorsements, or affiliate partnerships. The information, investment views, and recommendations provided are for general informational purposes only and should not be construed as a solicitation to buy or sell any financial products related to the companies discussed. Any opinions or comments are made to the best of the knowledge and belief of the commentators; however, 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. Listeners are encouraged to perform their own research and consult with a licensed professional before making any financial decisions based on the content of this podcast.