Jubilee secures further copper tailings resource in Zambia

Dual-listed Jubilee Metals has, in line with its stated strategy to expand operations in Zambia, signed a joint venture (JV) agreement with a private Zambian company to secure the rights to process two-million tonnes of copper run-of-mine (RoM) material containing in excess of 2% copper. Under the JV agreement, there is a further potential to increase the supply of copper ore to about four-million tonnes.