Jubilee says mine-to-metal strategy progressing

JSE- and Aim-listed Jubilee Platinum said on Thursday that despite a challenging six months, the company had progressed its implementation of its mine-to-metal business strategy well. During the six months to December, the exploration and...

Jubilee's Middelburg smelter achieves record output

Aim- and JSE-listed Jubilee Platinum’s Middelburg smelting operation produced a record 774 t of ferroalloy output last month, the company reported on Thursday. The 70%-owned operator Jubilee Smelting and Refining’s (JSR’s) production...

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...

State-owned mining researcher Mintek keeping head above water

South Africa’s R400-million-a-year State-owned minerals research institute, Mintek, managed to generate a slender profit of R1,7-million in 2009/10, which was something of an annus horribilis for many in the wake of the global economic...

State-owned mining researcher Mintek keeping head above water

South Africa's R400-million-a-year State-owned minerals research institute Mintek managed to generate a slender profit of R1,7-million in 2009/10, which was something of an annus horribilis for many in the wake of the global economic meltdown. It...

Jubilee secures PGM concentrates for ConRoast

JSE- and Aim-listed Jubilee Platinum bought a majority interest in Chemstof for R65,5-million or £6-million, subject to a performance based agreement, the company announced on Tuesday. Jubilee said the deal, which is seen as a strategic move to...

Jubilee Platinum buys Power Alt for R27m

Aim-listed Jubilee Platinum has acquired 51% of the shares and claims in Power Alt for R27,5-million through an agreement with Investec Bank, African Data Corporation (ADC) and Astra Group Holdings. Investec and Astra each currently own 40% of...

Tjate platinum project on track

Mining exploration and development company Jubilee Platinum’s Tjate platinum project, on the eastern limb of the Bushveld Complex, is continuing, with nine new drill holes having been completed in the last quarter of 2010.

Sylvania and Jubilee agree Volspruit smelting deal

Platinum dump retreater Sylvania Resources has entered into an agreement with Jubilee Platinum to study a smelting and refining plant at its Volspruit mine in Limpopo. The agreement could see a scoping study delivered in February 2011, a...

Jubilee still in talks to buy 51% stake in Power Alt

Mining exploration and development company Jubilee Platinum said on Friday that it was still in negotiations for the acquisition of a 51% stake in power generation company Power Alt, which if successful, might have a material effect on its share...

Jubilee expects to be cash flow positive by year-end

Mining exploration and development company Jubilee Platinum said on Monday that it expected to be cash-flow positive by the end of the year. Jubilee reported a loss of £2,2-million after taxation for the year ended June 30, 2010, compared with a...

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...