Jubilee Platinum PLC. JSE: JBL

Background of Jubilee
Jubilee Platinum is a mining exploration and development company with interests in Platinum Group Elements (PGE), ferroalloys and chromite, owning a portfolio of assets in South Africa, Madagascar and Australia.
Jubilee shares are available to buy on the AIM Market of the London Stock Exchange and the AltX of the Johannesburg Stock Exchange (JSE). In South Africa, the company’s primary asset is the Tjate Platinum Project, in which it holds a 63% interest. Tjate’s exploration area has been judged to host the world’s largest undeveloped block of platinum ore, with a forecast target of around 65 million ounces of PGEs and gold.
Through recent acquisitions, the Company has added PGE and ferroalloy smelting and refining to its capabilities. In 2009, the group acquired Braemore Resources, which holds an exclusive licence for the ConRoast process of smelting chrome-bearing PGE concentrates. Jubilee has also been awarded the right to recover PGEs contained in the dumped and current tailings of the Dilokong Chrome Mine. In Western Australia, the group is evaluating recovery of nickel from tailings at the Leinster mine, through a supply agreement with BHP-Billiton. The company’s main asset in Madagascar is the Ambodilafa nickel-copper-PGE project 160 km outside the capital of Antananarivo.
Jubilee Shares Growth Driver
In addition to having world-class mining assets, Jubilee differentiates itself by holding the exclusive rights to the unique ConRoast process for smelting its own platinum concentrates. This is in line with the group’s strategy of driving performance by becoming a fully integrated mines-to-metal company.
Jubilee has not completely avoided the tough market conditions within the platinum trade, but low capital cost, short production lead times and a lower overall cost structure have allowed it to weather the storm. The group believes that its operating space lies in surface material, small primary operations, while the eventual goal is to become a midcap, mid-tier JSE company.
During the 2015 financial year, the group made two major acquisitions of surface platinum projects ASA and Hernic, offering Jubilee access to platinum containing material in excess of 4 million tonnes. The group has also focused on putting non-platinum assets such as Middelburg Smelters up for sale, in order to purchase this new platinum producing capability. The projects are expected to reach commercial production by the end of 2016. As of August 2016, the group was still waiting for a mining right to be granted for the Tjate Project, with the process reportedly at an advanced stage.
Jubilee Investor Tip
Jubilee believes that the current commodities downturn has created the best opportunity for a small mining company to buy into the sector and grow Jubilee share price. Jubilee’s directors say that the company can take advantage of financially distressed larger companies disposing of assets. The company has several low-cost, cash-generative projects coming into production soon, and these should create significant earnings when the platinum price improves.
Jubilee share price has yet to make a mark on the JSE, but the group offers shares at a low buy in point for adventurous investors.
Jubilee Major Shareholders
Hargreaves Lansdown Asset Management, Barclays Stockbrokers, TD Direct Investing Nominees.
Sector
Metals & Mining
Industry
Institutional Financial Svcs
Sub industry
Precious Metal Mining
How to buy Jubilee Group Shares
Jubilee : How to buy Jubilee Group Shares Online
We have made it simple to buy JSE listed firm shares online. The easiest way to buy Jubilee shares or stocks is to; start by submitting the ‘BUY THIS SHARE’ form. Next, one of our experienced and certified stock brokers will personally get in contact with you to discuss your custom stock request. Finally, a stock advisor will confirm the amount of shares you are looking to invest in Jubilee and assist you with the setup and management of your stock portfolio account.
Here are the steps you must follow to Buy / Purchase Jubilee Group shares with utmost confidence:
- Start by Filling in the BUY THIS SHARE form.
- Insert your name, email, telephone number and monthly remuneration.
- Then, Indicate the amount you are looking to invest in Jubilee Fund.
- Click the “ INVEST NOW” button
- Once we have received your info, a dedicated stock advisor will personally call you back to discuss your personal share request.
- Lastly, your newly appointed personal stock advisor will handle all account setups and reporting as stipulated by the financial services board of South Africa (FSB)
Buy Shares with Confidence
Buying JSE shares has never been this convenient and easy. #myfirstshare
Frequently Asked Questions
Is Jubilee Platinum listed on the JSE?
Yes, Jubilee Platinum PLC – JSE: JBL
Can you buy Jubilee Platinum Shares Online?
SA Shares website has made it simple to buy JSE listed firm shares online.
Is Jubilee Platinum a good share to buy?
View the Jubilee Platinum Investor Tip here
When did Jubilee Platinum list on the JSE?
Secondary listing took place in December 2006.
When was Jubilee Platinum founded?
2002