Operational temperatures attained at Middelburg furnace

Mining exploration to metal development company Jubilee Platinum has reached operational temperatures at the company’s new 5-MW alternating current (ac) furnace at the Thos Begbie site, in Middelburg, which is now moving towards full production...

Jubilee abandons chrome acquisition, but still on the prowl

JSE- and Aim-listed Jubilee Platinum said on Friday it had abandoned plans to acquire a chrome company, as the security of the target’s mineral rights could not be guaranteed. Jubilee announced in March that it had signed a memorandum of...

Jubilee says ConRoast facility to start smelting in 2011

International furnace designer and supplier Tenova Pyromet is expected to complete the detailed engineering and design work for Aim- and JSE-listed Jubilee Platinum’s first commercial ConRoast facility, in South Africa’s Mpumalanga province,...

Bauba Platinum to raise R45m for more exploration

New platinum junior Bauba intends raising R45-million in equity capital by the end of this year or in the first quarter of 2011 to allow for additional exploration drilling to take the inferred resource up the value curve and towards a bankable...

Coetzer takes over as Jubilee CEO in August

Aim- and JSE-listed Jubilee Platinum on Tuesday announced the reshuffling of its senior executives, with Colin Bird stepping down as CEO to succeed Malcolm Burne, who will be leaving the company, as nonexecutive chairperson in August. This would...

First commercial ConRoast DC furnace by 2011

Aim- and JSE-listed Jubilee Platinum said on Wednesday that it envisaged the completion of its first commercial ConRoast DC furnace by early 2011. Jubilee CEO Colin Bird said that it had appointed Environmental & Process Solutions to undertake an...

Jubilee studies ConRoast furnace for Northam's Booysendal

Aim- and JSE-listed Jubilee Platinum has signed a memorandum of understanding (MoU) with fellow JSE-listed platinum-miner Northam to study the potential of constructing a new direct current arc furnace to treat a portion of platinum-group metal...

Jubilee placing raises £8m for ConRoast, Tjate

Aim- and JSE-listed Jubilee Platinum has undertaken an £8-million share placement to raise cash to fund part of the development and commercialisation of its ConRoast smelting capacity and other projects. The company had placed 24,2-million new...

Jubilee says ConRoast development phase completed

Aim- and JSE-listed Jubilee Platinum was “well advanced” in establishing a commercial ConRoast facility, with the research and development phase done in collaboration with Mintek having been successfully concluded in March. The platinum...

Ex-AngloGold exec to chair Bauba Platinum

SE-listed explorer and mining aspirant Bauba Platinum has proposed to appoint Jonathan Best, an ex-AngloGold Ashanti CFO, as its chairperson, it announced on Tuesday. Bauba Platinum, which is changing its name from Absolute Holdings following the...

Jubilee buys site for ConRoast facility in Middelburg

JSE- and Aim-listed Jubilee Platinum announced on Tuesday that it would acquire a brownfields smelting facility, in Middelburg, in South Africa’s Mpumalanga province, for $14-million, to become the first site of its ConRoast furnace build...

Jubilee allots new shares to Braemore shareholders

JSE-listed Jubilee Platinum on Tuesday allotted more than 4,9-million new shares to Braemore Resources’ shareholders, and an application has now been made to the London Stock Exchange for admission of the shares to trade on the Aim. The trading...