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30 Jan 2017 1 min read
Jubilee Platinum commissioning of Chromite and PGM recovery plants on schedule
Jubilee Platinum (JLP:AIM) First delivery of chromite concentrate product targeted within the next 2 weeks, after integrating the Recovery Plant into Hernic’s current operations. The tailings from the Chromite Recovery Plant forms the feed to the PGM Recovery Plant. The integration of the two circuits will commence during February 2017. The PGM benefaction plant is expected to […]
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14 Nov 2016 1 min read
Jubilee Platinum sees improvement in gross profit for 2016
Jubilee Platinum Plc (JLP:AIM) Released results for the year ended 30 June 2016. Loss for the year was 3.67m vs 3.44m for 2015. Total comprehensive 2016 loss improved to (£1m) vs loss of (£7.94m) in 2015; due to exchange rate differentials on foreign operations. There was an improvement in gross profit at 865k vs 23k […]
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21 Oct 2016 1 min read
Jubilee Platinum Q3 2016 revenue for chromite production up 94.73% over Q2
Jubilee Platinum (JLP-LN) Q3 2016 chromite concentrate production from the Dilokong Chrome mine (DCM) tailings project was 28,559 tons an increase of 88.04% from Q2, 2016. The revenue generated from chromite concentrate sales increased 108.22% to £2.09m over Q2, 2016. Chromite project earnings were up 108.13% to £1.55m over Q2. Earnings attributable to Jubilee, for […]