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The latest update is out from Jubilee Metals Group ( (GB:JLP) ).
Jubilee Metals Group released an operational update for the first half of FY2025, highlighting challenges and developments in its Zambian and South African operations. In Zambia, power constraints impacted copper production, prompting the company to secure a new power agreement to stabilize operations at the Roan plant. Despite setbacks, Munkoyo’s copper production remained on target, and the company plans to accelerate processing innovations. In South Africa, Jubilee achieved record chrome production and is on track to meet PGM guidance, demonstrating resilience and operational efficiency despite market challenges.
More about Jubilee Metals Group
Jubilee Metals Group Plc is a diversified metals producer with operations in South Africa and Zambia. The company focuses on the production of metals like copper, chrome, and Platinum Group Metals (PGM), leveraging its strategic mining and processing capabilities in these regions.
YTD Price Performance: -8.11%
Average Trading Volume: 9,280,732
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £102.5M
For a thorough assessment of JLP stock, go to TipRanks’ Stock Analysis page.