Jubilee gets R75m offer for Quartzhill platinum prospect

JSE- and Aim-listed mine-to-metals company Jubilee has received a R75-million cash offer from a platinum major for a portion of its Tjate platinum project. The £5.95-million cash offer is for the Quartzhill farm, a portion of Tjate’s platinum...

Volspruit platinum-group metals project, South Africa

The project proposes the phased roll-out of three identical 100 000 t/m flotation plants, while incorporating the downstream processing of base metals.

Jubilee Platinum goes commercial on lucrative ferronickel

JSE-and Aim-listed Jubilee Platinum has advanced from a four-year developmental stage into a new phase as a producer of lucrative ferronickel from waste. Jubilee CEO Leon Coetzer, who hosted an analyst and media visit to the 85-employee operation...

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,...

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 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...

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 appoints Snowden to advance SA platinum project

Platinum junior Jubilee Platinum announced on Wednesday that it had engaged consulting company Snowden to advance its Tjate platinum project in South Africa towards feasibility. Jubilee CEO Colin Bird said in a statement that rapidly increasing...

Phosa appointed as deputy chair of Jubilee

JSE-listed platinum producer Jubilee has appointed African National Congress treasurer-general Dr Mathews Phosa as deputy chairperson, and Braemore CEO Leon Coetzer as MD of its smelting and refining division. Both appointments were effective...

Jubilee, Sylvania report positive results from smelting trials

Platinum junior Jubilee Platinum and Sylvania Resources on Monday reported that trials at Jubilee’s ConRoast direct current (DC) arc furnace, in South Africa, had resulted in the smelting of low-grade platinum group-metals (PGMs) concentrate....

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...