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“Jubilee continues to aggressively drive its expansion across both its South African and Zambian operations," says Leon Coetzer.
PGM and chrome producer Eastern Platinum, or Eastplats, has resumed full operation of its tailings retreatment project at the Crocodile River Mine in South Africa.
“The amount of surface/waste material available for reprocessing – globally – presents a massive opportunity for Jubilee." - Gareth Owen
Eastern Platinum, or Eastplats, has been allowed to restart its chrome tailings retreatment project in South Africa at a reduced rate, during the country’s 21-day lockdown.
Eastern Platinum, or Eastplats, has successfully produced platinum-group metals concentrate from its refurbished small-scale PGM scavenger circuit, also known as Circuit D.
A subsidiary of South Africa's largest and one of the world's largest ferrochrome producers, K2018239983 (NewCo) has exercised its right to sell all further chrome rights to the chrome contained in all of the historical tailings at Inyoni to metals processing company Jubilee Metals Group.
JSE-listed Bauba Platinum has entered into a trial product sale agreement for its low grade chrome ore with Booysendal Platinum, a subsidiary of Northam Platinum.
Bauba Platinum reports that the new wash plant at its Moeijelijk chrome mine in Limpopo has been producing according to its planned throughput levels.
Despite escalating trade wars keeping commodity prices in check Standard Bank anticipates miners will continue to pursue pockets of opportunity.