https://www.miningweekly.com

Jubilee advancing mine-to-metals strategy

11th November 2015

By: Natasha Odendaal

Creamer Media Senior Deputy Editor

  

Font size: - +

JOHANNESBURG (miningweekly.com) – Dual-listed Jubilee Platinum is making progress with the implementation of its mine-to-metals strategy, with construction having started on its first platinum surface processing project, the Dilokong Chrome Mine.

The company on Wednesday reported that it had, in the 12 months to June 30, achieved a 45% narrowing of its loss a share from continuing operations to 0.45p, compared with the loss a share of 0.82p recorded in the prior year.

The loss a share on discontinued operations also decreased from 0.45p in 2014 to 0.10p in the period under review.

The company reported a loss for the 2015 financial year of £3.4-million, down from the loss of £5.6-million recorded the year before.

Revenue generated for the period to June 30 increased to £48 899, from £35 307 in 2014.

“Jubilee is fully focussed on bringing its platinum surface projects into operation within the near term to significantly bolster its projected revenue growth,” it said.

Edited by Creamer Media Reporter

Comments

Showroom

VEGA Controls SA (Pty) Ltd
VEGA Controls SA (Pty) Ltd

For over 60 years, VEGA has provided industry-leading products for the measurement of level, density, weight and pressure. As the inventor of the...

VISIT SHOWROOM 
John Thompson
John Thompson

John Thompson, the leader in energy and environmental solutions through value engineering and innovation, provides the following: design, engineer,...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

PGMs and green hydrogen make headlines
PGMs and green hydrogen make headlines
19th April 2024

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?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.071 0.107s - 88pq - 2rq
1:
1: United States
Subscribe Now
2: United States
2: