(Alliance News) - London stocks were mixed at midday on Wednesday ahead of policy meeting minutes from the US Federal Reserve at 1900 BST, and as oil prices begin to rise in the wake of potential US sanctions on Russia. Read More
(Alliance News) - Jubilee Metals Group PLC on Wednesday it has sold some non-core mine waste assets, while copper production at its Roan project in Zambia is set to start this week. Read More
Jubilee Metals Group PLC - London-based metal processing company with projects in South Africa and Zambia - Describes its production performance in the nine months that ended March 31 as "solid". Chrome output rises 27% to 1.4 million tonnes from 1.1 million tonnes a year before. Chrome production is up 11% to 452,561 tonnes for the third quarter alone from 408,710 tonnes a year before. In response, Jubilee revises up its production guidance for the financial year ending June 30 to 1.85 million tonnes from the 1.65 million forecast previously. Read More
Jubilee Metals Group PLC - London-based metal processing company with projects in South Africa and Zambia - Chair Ollie Oliveira will retire on April 30 and be succeeded by Vice Chair Mathews Phosa. Chief Executive Officer Leon Coetzer says he is confident Phosa's leadership, deep industry knowledge and experience recognised especially within the African continent will prove "invaluable". Jubilee also says Interim Finance Director Jonathan Morley-Kirk has been confirmed permanently in the position, effective immediately. Read More
Jubilee Metals Group PLC - London-based metal processing company, with projects in South Africa and Zambia - Signs a joint partnership with an existing platinum group metals producer to process part of its surplus PGM and chrome stock. Says its PGM feed stock has increased "significantly" on the back of the expansion of its chrome operations. Construction and commissioning of Jubilee's two new chrome processing modules at Thutse in South Africa was completed during the first half to December 31. Read More
(Alliance News) - Jubilee Metals Group PLC on Thursday said it has started to "monetise" a large waste project that it has agreed to buy in Zambia, which offers "tremendous potential" for the company to expand its copper portfolio. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Monday. Read More
(Alliance News) - Jubilee Metals Group PLC on Monday report sharply lower half-year profit following severe power disruptions in Zambia and mounting costs. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and on Wednesday: Read More
Jubilee Metals Group PLC - London-based metal processing company, with projects in South Africa and Zambia - Starts to process the new high-grade copper feed material at its Roan copper concentrator plant in Zambia. Says the material feed grade is in line with its expectations. Expects marked increase in production due to high-grade feed material. On Thursday last week, Jubilee secured rights to an initial 200,000 tonnes of high-grade copper material to accelerate production after facing electricity constraints. It holds the option to increase the initial 200,000 allocation of copper material, with the potential to secure a long-term feed supply. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and on Tuesday: Read More
(Alliance News) - Jubilee Metals Group PLC said it has secured rights to an initial 200,000 tonnes of high-grade copper material, with an expected copper content of about 1.6% copper. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and on Monday: Read More
Jubilee Metals Group PLC - London-based metal processing company, with projects in South Africa and Zambia - Says it is preparing to re-start operations at its Zambia Roan copper concentrator plant after it secures new power supply agreement. Notes that it has received regulatory approval for its new power supply agreement in Zambia. Power delivery commenced on Monday this week. Electricity outages in Zambia have disrupted Roan concentrator. Read More
(Alliance News) - Jubilee Metals Group PLC on Monday reported its copper production fell short of guidance for the first half of its financial year as the company grappled with electricity outages in Zambia. Read More
(Alliance News) - Jubilee Metals Group PLC warned on Monday that it is uncertain about its copper production outlook due to power outages in Zambia. Read More
Jubilee Metals Group PLC - London-based metal processing company, with projects in South Africa and Zambia - Raises GBP215,500 or ZAR4.9 million after exercise of warrants. The warrant shares are expected to be admitted to trading on the London Stock Exchange's AIM and the Johannesburg Stock Exchange's AltX on or about Tuesday next week. Read More
(Alliance News) - Jubilee Metals Group PLC on Thursday suffered a sharp drop in copper production for the first quarter of its financial year, but chrome output rose. Read More
Jubilee Metals Group PLC - London-based metal processing company, with projects in South Africa and Zambia - Adds Jonathan Morley-Kirk to its board. Morley-Kirk will serve as the interim finance director, effective immediately, until a new chief financial officer is appointed. At that time, Morley-Kirk will transition to a non-executive role. He will be largely based at the South African and Zambian offices. He is a non-executive director of Clean Tech Lithium PLC, Bluebird Mining Ventures Ltd and Amala Foods PLC, as well as at a number of investment companies and investment funds. Read More