Jubilee Platinum's Q3 chromite concentrate production rises
21st Oct 2016 08:56
(ShareCast News) - AIM-listed explorer Jubilee Platinum's subsidiary Jubilee Tailings Treatment Company reported that chromite concentrate production rose during the third quarter while construction of a platinum processing plant "continues to progress to schedule". For the South African Dilokong mi
Read moreJubilee Platinum increases production, revenue in July
18th Aug 2016 16:59
(ShareCast News) - Miner Jubilee Platinum increased production and revenue in July for chrome and platinum at its South African mine. Production at the Dilokong chrome mine in Johannesburg, increased 29% to 9,670 tons in July, compared to June, and revenue from sales of chromite concentrate rose by
Read moreJubilee Platinum plant progressing at Dilokong
14th Mar 2016 13:12
(ShareCast News) - Jubilee Platinum was making solid progress on the commissioning of its processing plant at the Dilokong Chrome Mine in South Africa, the company said on Monday, despite some delays. The AIM-traded firm had previously announced it had begun commissioning of the processing plant in
Read moreJubilee Platinum falls after warrants exercised
18th Aug 2015 15:34
(ShareCast News) - Shares in Jubilee Platinum tumbled after the mining company exercised warrants to raise £262,500. The AIM listed company's share price fell by 9.89% to 3.96p at 1541 BST. Jubilee Platinum exercised 10m warrants at an average exercise price of 2.625p. The shares will be admitted o
Read moreJubilee Platinum in advanced talks over project financing
4th Aug 2015 14:13
(ShareCast News) - Jubilee Platinum confirmed on Tuesday it is in advanced talks with a major financial institution to secure the financing required to bring its two surface platinum processing plants in South Africa into operation. The company said the debt funding of around £12.9m before financing
Read moreJubilee Platinum rockets as it sells non-platinum assets for £5.8m
16th Jul 2015 14:29
(ShareCast News) - Shares in Jubilee Platinum surged 10% after the company said it has reached a deal to sell its non-platinum assets in Middelburg South Africa for ZAR110.5m, or around £5.8m. The assets were sold to Main Street 1347 Pty, which is a special purpose vehicle established to acquire the
Read moreTeathers Financial sheds Jubilee Platinum shares
17th Jun 2015 11:39
Teathers Financial announced that it had sold 0.5m shares in Jubilee Platinum for £12,750, making a net profit of £4,596.50. Following the sale, Teather holds 0.75m Jubilee Platinum shares. Through recent acquisitions, Jubilee has included platinum group elements and ferro-alloy smelting and refini
Read moreJubilee Platinum slashes losses as optimisation cuts costs
25th Mar 2015 15:16
Jubilee Platinum trimmed its loses by a third in the first half of its financial year and made optimistic noises about becoming a "significant player in the platinum arena". The company, which is listed on London's AIM and South Africa' AltX, cut losses before tax 34% to £1.02m in the six months to
Read moreJubilee Platinum rises as South African production improves
9th Mar 2015 11:55
Shares in Jubilee Platinum rose on Monday following news that its Middelburg operations enjoyed an increase in their gross profit margin during the last quarter of 2014 despite a shortened production period. The South African project increased its revenues by 10.12% to £1.34m as production rose 12%
Read moreSector movers: Precious metal miners fall as gold sinks after FOMC
18th Sep 2014 14:11
Heavy falls in the prices of gold and silver saw precious metal miners drop on Thursday after the Federal Reserve lifted its outlook for interest rates. While the Federal Open Market Committee on Wednesday maintained its pledge to keep short-term interest rates near zero for a "considerable time" af
Read morePetroceltic board stocks up after placing approved
27th Jun 2014 16:34
The board members of oil and gas company Petroceltic International has purchased a round of shares at 157p each following the placing announced last month, the second tranche of which was approved on Thursday at an extraordinary general meeting. The largest deals were carried out by Chief Executiv
Read moreJubilee Platinum restructures capital structure
24th Feb 2014 10:47
AIM-listed Jubilee Platinum has announced a restructurning of its capital structure. The main measure is an agreement to place 24.9m new ordinary shares at a price of 1.75p each one to raise appoximately 435,000 pounds. The funds will be directed at fully redeeming notes placed with Darwin Strateg
Read moreJubilee Platinum record production at Middelburg
2nd Jan 2014 07:57
Jubilee Platinum said it has achieved a record Ferronickel metal production rate of 35 tonnes a day at the Middelburg Smelter operation. It exceeded the previous record of 26 tonnes after the company secured funding for the expansion of the Middelburg Smelter operation to three operating ARC furnac
Read moreSmelter success lifts profits at Jubilee Platinum
5th Dec 2013 16:28
Shares in South African miner Jubilee Platinum rose after it announced higher third quarter revenue and profit and said it was not extending a sales deal due to growing returns from smelting contract wins. The stock closed 0.20p up at 3.23p after Jubilee said revenue from its smelting and refining
Read moreWaterlogic director acquires shares as company begins Japanese distribution
15th Oct 2013 16:14
Peter Cohen, the Chief Executive Officer of Waterlogic Commercial, acquired 20,000 shares in the company on Monday. The purchase was made the same day that the group, which designs, manufactures and operates point-of-use drinking water purification and dispensing systems, announced the distributio
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