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Jubilee Metals sees 'tremendous opportunity' in Zambia as it reports dramatic increase in earnings

Jubilee Metals PLC's (LON:JLP) chief executive Leon Coetzer skyped into the Proactive London studio to update on operations and how recent movements in commodity prices have been impacting them.

Jubilee recently posted a 74% increase in combined second-half revenue to £25mln when set against the first half of the year, as new production from its Windsor operation came on stream and consolidated.

Quick facts: Jubilee Metals Group

Price: 5.565 GBX

AIM:JLP
Market: AIM
Market Cap: £117.56 m
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Jubilee Metals CEO talks near-term earnings from significant new copper deal...

Jubilee Metals Group PLC's (LON:JLP) chief executive Leon Coetzer speaks to Proactive London's Andrew Scott after announcing a new joint venture deal in Zambia to process up to 4mln tonnes of copper tailings. He says the plan is to start with an initial 2mln tonnes of leftover material...

on 6/8/20

2 min read