Cambridge

Jubilee Metals rises as it recommences operations in South Africa

Jubilee Metals Group PLC (LON:JLP) moved higher on Friday after it said it has recommenced its operations in South Africa in “strict adherence” to the countrys coronavirus pandemic lockdown rules.

The metals processing firm said its Inyoni Surface platinum group metals (PGM) and chrome operation has resumed production, while it's Windsor joint venture is preparing to recommence production “shortly”.

READ: Jubilee Metals boosts earnings by 778% following big production gains, says confident of withstanding effects of coronavirus

The company said staff at both sites have been reduced to include only critical staff to maintain continuous operations, adding that it is also reviewing the situation reRead More – Source