Jubilee Updates on its Roan Concentrator and Sable Refinery Projects

The Roan Concentrator completed construction and commissioning of its new Front-End Module in July 2024. Operations commenced on 8 August with first copper concentrate produced on 13 August 2024. The Front-End Module is adjacent to the existing Roan mill-and-float circuit already producing and trading copper units.

The upgraded Roan Concentrator provides additional processing capacity complementing the existing sulphide copper concentrate capacity at Roan to a combined maximum design capacity of 13 000tpa of copper depending on the copper feed grades.

The Jubilee team has commenced with the feeding of Previously Mined Material into Roan. The material is upgraded at source before being transported to Roan where a saleable copper concentrate is produced. The copper concentrate will initially be refined to copper cathode at Sable until such time that Sable’s capacity is fully committed to the Open-Pit Mined Material from Project Munkoyo and Project G whereafter the Roan concentrate will be traded on the open market.

The Roan Front-End Module will treat predominantly Previously Mined and Processed Material such as waste rock material. Early operational results from the new Front-End Module confirm the capability to upgrade Previously Mined Material grades from material such as waste rock by more than 10-fold prior to further refining the concentrate. These early results are key to confirming the design parameters of the process solution being developed for Jubilee’s large Waste Rock project that it has partnered with the Abu Dhabi based IRH. Jubilee targets to incorporate the Front-End Modules into the overall processing solution for this Waste Rock Project. Jubilee expects to finalise the designs over the coming weeks as more results from Roan are evaluated.

Sable Refinery

Pursuant to Jubilee’s continued resource expansion in Zambia, it is able to upscale and upgrade its Sable Refinery to become a dedicated refiner for processing materials from Open-Pit mining operations, including the newly acquired Project Munkoyo. The success in securing these targeted resources allowed Jubilee to transition Sable into a dedicated refiner for the processing of Open-Pit mining operations.

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