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IN BRIEF: Jubilee Metals shares up after processing high-grade copper

ALN

Jubilee Metals Group PLC - London-based metal processing company, with projects in South Africa and Zambia - Starts to process the new high-grade copper feed material at its Roan copper concentrator plant in Zambia. Says the material feed grade is in line with its expectations. Expects marked increase in production due to high-grade feed material. On Thursday last week, Jubilee secured rights to an initial 200,000 tonnes of high-grade copper material to accelerate production after facing electricity constraints. It holds the option to increase the initial 200,000 allocation of copper material, with the potential to secure a long-term feed supply.

Current share price in London: 4.00 pence, up 3.9% on Friday

12-month change: down 20%

Current share price in Johannesburg: 92 rand cents, up 3.4%

12-month change: down 27%

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