All systems go at Hernic as Jubilee eyes new projects
JOHANNESBURG (miningweekly.com) – Mine-to-metals company Jubilee Platinum is days away from starting the commissioning of its new Hernic platinum group metals-bearing chrome tailings processing plant, in the North West.
With some 90% of the budgeted capital spent to date, the group is nearing the full completion of the mechanical construction phase “within the next few days” and gearing up to deliver its first saleable platinum concentrate in February, on track as per its contractual commitment.
The remaining 10% of capital spend will be linked to the performance of equipment as Jubilee commissions the 660 000 t/y Hernic platinum and chromite processing plant in December.
“Within the December month, we will commence with the commissioning of the plant, testing the motors, start circulating the liquid and water through the plant and build up to design capacities [prior to] producing our first saleable platinum concentrate,” Jubilee CEO Leon Coetzer said during a question and answer webcast on Friday.
Jubilee had mobilised its full workforce to the site to prepare for the process.
“[It is] going to be a very intense, very exciting December for Jubilee,” he said.
Coetzer said the company was in “active” discussions and negotiations to conclude its third and fourth projects in South Africa.
“We are very confident that we will be in a position to expand dramatically on our success at both the Dilokong chrome mine project and Hernic. Basically, [Jubilee plans to] implement similar projects, [with] similar commercial relationships with other partners.”
“We have been able to clearly establish our lead in the industry and demonstrate our ability to outpace our competitors, and that bodes very well for our current discussion for the next operations we are targeting at this stage,” Coetzer concluded.
Comments
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation