Jubilee commences platinum production

RNS Number : 9183A

Jubilee Platinum PLC

29 March 2017

 

("Registration number: 4459850")

AIM share code: JLP  

AltX share code: JBL

ISIN: GB0031852162 

Not for release, publication or distribution in whole or in part in, into or from any jurisdiction where to do so would constitute a violation of the relevant laws or regulations of such jurisdiction.

29 March 2016

Jubilee Platinum Plc

("Jubilee" or "the Company")

Jubilee commences platinum production

The Directors of AIM-quoted and AltX-listed Jubilee, the Mine-to-Metals company, are pleased to announce the commencement of production of platinum concentrate at its Hernic operations. Commissioning and ramp-up of the fully integrated chrome and platinum Hernic operation commenced during March 2017.  The ramp-up of the operation remains on schedule with the commencement of the first platinum concentrate production.

The first platinum production is a significant milestone for the Company and confirms its strategy to  become a significant player in the platinum industry.

Further details of the Company's projects and performance will be included in the Group's unaudited interim results for the 6 months ended 31 December 2016 which is due for release before 31 March 2017.

Contacts

Jubilee Platinum plc

Colin Bird/Leon Coetzer
Tel [phone] / Tel [phone]
Andrew Sarosi
Tel [phone]

JSE Sponsor

Sasfin Capital, a division of Sasfin Bank Limited
Sharon Owens
Tel [phone]

Nominated Adviser

SPARK Advisory Partners Limited
Sean Wyndham-Quin/Mark Brady
Tel: [phone]

Broker

Beaufort Securities Limited
Jon Belliss
Tel: [phone]

 

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