Diversified metals producer Jubilee has started receiving a stable power supply at its Zambian operations after successfully implementing the Lunsemfwa Hydro Power Company (LHPC) agreement on 18 September 2024.
Securing a stable power supply was a crucial factor for the company to successfully execute its copper strategy.
“Establishing a stable power supply was crucial to maintaining steady progress in our projects. The frequent rolling outages posed an ongoing risk to the stability of our operations, so I am grateful that we have now secured a reliable, continuous power source,” said company chief executive Leon Coetzer.
He said stable power had been a critical factor in achieving design throughput at the company’s new Roan front-end module.
“With upgrades at our Roan Concentrator and Sable Refinery, we are well-positioned to achieve our initial target processing capacity of 25,000 tonnes of copper per year,” said Coetzer.
“The recent milestones, including the ramp-up of our Munkoyo open-pit operation, near completion of our due diligence of Project G, which if successful will be brought into operation within four months, ensure a continued upward drive in our copper output.”
Jubilee is targeting to reach 15, 000 tonnes of run-of-mine ore per month at Munkoyo open-pit operations, comprising 5,000 tonnes of 3.0% high-grade copper ore delivered directly to the Sable Refinery, while the sub-1.0% lower grade copper ore is being stockpiled at the site for further processing.
Mathew Nyaungwa, Editor in Chief, Rough&Polished
