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Jubilee, the integrated copper producer and resource developer’s operational and production update for the nine-month period ended 31 March indicates the
Leon Coetzer, Jubilee Chief Executive Officer said the company continues to make strong progress in delivering the copper strategy, with Roan sustaining targeted production rates and the expanded concentrate circuit now entering ramp-up after minor technical and logistical delays, marking a key step-change in our processing capability.
“Our focus remains firmly on disciplined, milestone-driven execution,” said Coetzer.
He said at Molefe Mine, continued operational expansion, supported by encouraging drilling results, highlights the strength of transition towards a resource-backed copper producer.
“While heavy rains impacted the quarter, momentum remains strong as we advance the mine plan and plan increased production.”
Importantly, the Company continues to produce while building a scalable resource base, positioning Jubilee to deliver both near-term returns and long-term value.
“This integrated approach gives us strong confidence in delivering sustained and scalable growth in copper production.”
In addition, commissioning is near completion, with ramp-up expected to reach targeted production during May 2026.
Meanwhile the company expects to provide a further update on guidance following confirmation by the contracted consulting firm of progress with the expansion programme at Molefe Mine as well as the expanded concentrate dewatering circuit reaching steady-state operation, which is anticipated within the coming weeks.
