Wednesday 3 December 2014

Otmane El Rhazi : Jubilee revenue increase illustrates success of Middleburg smelter renewal – CEO

Otmane El Rhazi from Mining Weekly | Ferrous Metals Home.



The growth in mine-to-metals company Jubilee Platinum’s revenue in rands for the year ended June 30 compared with the previous reporting period illustrates the successful implementation of the Mpumalanga-based Middelburg smelter renewal and expansion programme concluded in the last quarter of the financial period under review, Jubilee CEO Leon Coetzer said on Monday. “We are pleased to announce results that continue to demonstrate the company’s consistent improvement in its operations while also growing our existing asset base by securing access to an estimated 950 000 t of platinum-containing material at surface,” he noted.

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