Jubilee Metals reports 65% increase in copper production

Zambia-focused Jubilee Metals has reported a 65% summation successful copper accumulation to 938 tonnes (t) for the archetypal 4th of the 2026 fiscal twelvemonth (Q1 FY2026) ended 30 September 2025, compared to 568t successful Q4 FY2025.

Most of this accumulation came from copper ore produced by the Roan concentrator, which processed 3rd party-acquired ore for refining astatine the Sable refinery.

High-grade copper ore deliveries from the Molefe excavation to Sable began successful September, further supporting accumulation growth.

The Roan concentrator produced 917t of copper contained successful concentrate, benefitting from a unchangeable powerfulness proviso and reliable third-party ore quality.

Following the enlargement of Pit 2, the Molefe excavation delivered 1,122t of ore to Sable successful the quarter.

Production astatine Molefe continued to ramp up, gathering the people of 3,500t of high-grade ore delivered successful October and aiming for 4,500t by the extremity of November.

The institution aims to present 8,500t of high-grade ore successful Q2, taxable to the interaction of seasonal rains.

Lower-grade ore, grading astatine 0.7% copper, continues to beryllium stockpiled astatine the site, with volumes exceeding 2 cardinal tonnes by the extremity of the 4th and increasing astatine a complaint of astir 70,000t per month.

Jubilee Metals besides reported 215 lost-time-injury-free days during the quarter.

Jubilee has updated its full-year 2026 copper portion accumulation guidance to a scope of 4,500–5,100t, contingent connected the grade of the rainy season's interaction connected operations.

Jubilee CEO Leon Coetzer said: "With some Roan and Sable processing plants present afloat operational, and the Molefe open-pit copper excavation expanding successfully, our copper concern is stabilising up of a caller signifier of growth. Jubilee inactive possesses the optionality to summation throughput further done some accrued processing of humanities tailings worldly and the instauration of the caller Roan front-end, though these volition lone beryllium considered aft the rainy season.

"The absorption for the remainder of FY2026 remains firmly connected driving our copper strategy via our Three-Pillar Strategy and ensuring stableness successful the operations successful the state including cardinal items specified arsenic provender rate, yields and outgo power for our operations."

In August 2024, Jubilee Metals reported the archetypal accumulation of copper ore from the front-end module astatine its Roan concentrator plant.

"Jubilee Metals reports 65% summation successful copper accumulation " was primitively created and published by Mining Technology, a GlobalData owned brand.

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