Jubilee Metals FY2026 copper output jumps 225% to 3,739 tons

Reuters2026/09/14 06:01

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Jubilee reported FY2026 copper output before refining rose 225% to 3,739 tonnes, driven by higher Roan volumes and Molefe mine start-up.
Refined cathode production at Sable increased 17.5% to 1,207 tonnes; total saleable copper products edged up 1.3% to 2,120 tonnes.
Roan reached steady-state output; FY2027 contained copper guidance set at 2,850-3,150 tonnes, independent of any DMS circuit decision.
Molefe ramp-up continued; 345 tonnes of contained copper in high-grade ROM was dispatched to Sable, with 571 tonnes in lower-grade material stockpiled.
Cost pressures hit operations as acid prices rose more than 200% and diesel costs increased 90%; binding terms signed to sell LWP for USD 35 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Jubilee Metals Group plc published the original content used to generate this news brief via SENS, the regulatory disclosure system operated by the Johannesburg Securities Exchange (JSE) (Ref. ID: S603193), on September 14, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Jubilee Metals FY2026 copper output jumps 225% to 3,739 tons

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