Jubilee surges after securing waste copper project in Zambia
Acquisition could see and JSE- and London-listed firm far exceed annual output target of 25,000 tonnes a year
12 December 2023 - 10:42
Shares in metals processing company Jubilee Metals surged nearly 20% on Tuesday after it said it had secured what it describes as one of the largest copper waste rock assets in Zambia and partnered with Abu Dhabi’s International Resources Holding (IRH) on the project.
Jubilee’s investment amounts to $30m (R569.6m) payable over 18 months...
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