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Jubilee Platinum PLC (JLP.L)

JLP.L on London Stock Exchange

9 Dec 2016
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-0.10p (-2.74%)
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Latest Key Developments (Source: Significant Developments)

Jubilee Platinum says unit rejects BHP's termination of supply agreement
Wednesday, 9 Nov 2016 07:30am EST 

Jubilee Platinum Plc : In relation to co's subsidiary received from BHP Billiton a notice of termination of tailings supply agreement dating back to 2005 relating to the Leinster Nickel operations in Western Australia . Braemore has informed BHP that it rejects termination notice, it believes no factual or legal basis exists for such termination . Braemore has been continuing with internal review of nickel tailings project .Nickel tailings project does not form part of co's earnings has no influence on execution of jubilee's platinum and chrome projects.  Full Article

Teathers Financial Plc announces New Investment
Thursday, 28 May 2015 02:01am EDT 

Teathers Financial Plc:Says Investment of £20,000 in cash in Jubilee Platinum Plc.Says purchased 1,250,000 ordinary shares of 1p each in the issued share capital of Jubilee at a price of 1.6p per share.  Full Article

Jubilee Platinum wins Surface Processing Project
Monday, 19 Jan 2015 02:00am EST 

Jubilee Platinum PLC:Jubilee concludes heads of agreement with Hernic Ferrochrome Proprietary Limited for the beneficiation of Chrome and Platinum Group Metals from its surface tailings.Hernic targets to appoint Jubilee as the exclusive party to beneficiate the chrome and PGM's contained in its surface tailings.In addition to its PGM-containing surface tailings, Hernic also has access to at-surface secondary stocks.The HOA facilitates the processing of about 1.7 mln tonnes of chrome tailings material and Hernic identified that the tailings material could exceed 3 mln tonnes through additional drilling programs.The 1.7 mln tonnes of chrome tailings material has been fully drilled and assayed for Chrome and PGM content to produce resource statement of which about 90 pct of the resource is classified within the measured category under the internationally recognised SAMREC code.Under the HOA, Hernic and Jubilee intends to conclude Plant Engineering and Design Agreement as well as Co-operation Agreement in respect of PGM Concentrate to facilitate the construction and operation of a PGM processing plant at Hernic.Company will update shareholders on further details relating to this PGM processing project in due course.  Full Article