Welcome to "The Midweek Takeaway" with Phil Carroll and Kevin Hornsby. This week, we are joined by Leon Coetzer, CEO of Jubilee Metals. We discuss Jubilee's recent announcement about the roll-out of its Integrated Copper Strategy in Zambia, which includes the acquisition of two near-surface copper mining operations, Project M and Project G. The Roan Upgrade project has completed construction, and commissioning has commenced. Jubilee is targeting 16,000 tpa at the Sable refinery, with Project M aiming for 25,000 tonnes per month at 3-4% Cu by Q3 2024, and Project G targeting 20,000 tonnes per month at 3-4% Cu by Q4 2024.

Additionally, we explore the recently concluded off-take agreement for stockpiled low-grade mined material, which is upgraded at source to maximise processing at Roan. This sustainable approach to mining and recovery ensures lasting value for stakeholders and supports Jubilee's goal of driving future copper production well beyond the initial 25,000 tpa target. Tune in to hear more about these exciting developments and Jubilee's ongoing progress.

Disclaimer & Declaration of Interest

The information, investment views, and recommendations in this podcast are provided for general information purposes only. Nothing in this podcast should be construed as a solicitation to buy or sell any financial product relating to any companies under discussion or to engage in or refrain from doing so or engaging in any other transaction. Any opinions or comments are made to the best of the knowledge and belief of the commentator but no responsibility is accepted for actions based on such opinions or comments. The commentators may or may not hold investments in the companies under discussion.