Jubilee Metals Continues to Scale Up its Zambian Operations

Jubilee Metals Group is carving out a new identity in Zambia’s mining sector through a strategy that’s as ambitious as it is transformative. At the core of its momentum lies a comprehensive copper vision one grounded in measurable milestones, not just promises. Borrowing the agility often seen in the BPO sector, Jubilee brings a similar mindset to mining: agile expansion, intelligent integration, and purpose-led innovation.

From Fragmented Assets to a Unified Copper Ecosystem

The company now regards its Zambian operations as part of a unified whole rather than isolated efforts. Three strategic assets anchor this transformation, the Sable Refinery, the Munkoyo open-pit mine, and the fast-developing Project G. Together, they form a self-sustaining value chain that drives efficiency, reduces costs, and accelerates production timelines.

The Roan Concentrator, a central piece of this strategy, now operates at full capacity. In July 2025 alone, it delivered 384 tonnes of copper units, exceeding the monthly target of 350 tonnes. This output reflects Jubilee’s renewed performance focus following earlier setbacks due to power instability.

Munkoyo and Project G Growth Engines in Motion

Since launching in mid-2024, Munkoyo has rapidly earned its place as a top-performing asset. Drilling results suggest Jubilee can consolidate multiple pits into a single open-pit operation, with sustainable output projected at up to 8,500 tonnes per month at an average grade of 2.5% copper. So far, the company has sent over 5,000 tonnes of high-grade ore to the Sable facility, proving that Munkoyo is far more than a satellite mine it’s becoming a cornerstone of Jubilee’s copper ambitions.

Meanwhile, Project G continues to mature. Jubilee increased its stake to 65%, signaling strong belief in the asset’s long-term value. By December 2024, Project G aims to produce 3,000 tonnes of pre-concentrate monthly, contributing around 350 copper units to the value chain. This increase highlights Jubilee’s capacity to extract full value from its investments.

Renewable Power A Strategic Advantage

In early FY2025, Jubilee’s copper production dipped by 14% due to power outages.But The Company has since signed a renewable power agreement with Lunsemfwa Hydro Power. This move guaranteed a stable energy supply across all Zambian sites and aligned perfectly with Jubilee’s environmental sustainability goals.

Since then, operations at Roan, Munkoyo, and Sable have enjoyed uninterrupted energy, freeing them from reliance on Zambia’s fragile national grid. This stability has removed a major operational risk and boosted investor confidence in Jubilee’s Zambian portfolio.

The Company has also embedded a strong ESG (Environmental, Social, and Governance) strategy into its operations, particularly in Zambia. The company leverages renewable energy sourcing over 85% of its power from hydro to drive low-emission “green copper” production, while also reclaiming value from legacy tailings. On the social front, Jubilee supports local communities through clean water access, education, health services, and inclusive hiring. Its governance framework aligns with international standards, ensuring transparency and sustainable development. This integrated approach not only enhances operational efficiency but also reinforces Jubilee’s role as a responsible and future-focused mining company.

Turning Waste into Wealth

The focus extends beyond underground resources to extracting value from surface materials. The Large Waste Tailings Project, which contains over 240 million tonnes of waste rock, has entered commercial trials. By modifying the Roan front-end module, Jubilee is turning discarded material into economic opportunity. If successful, this project could change the way the region monetizes legacy waste.

 Scaling with Purpose

Jubilee’s operational focus prioritizing run-of-mine (RoM) and previously mined materials mirrors the successful evolution of its South African chrome and PGM operations, with the added advantage of owning its feedstock supply. “We are excited to leverage our unique capabilities in processing transitional copper reefs, available in vast quantities,” says CEO Leon Coetzer.

The operations are  also projected to produce between 2,300 and 5,100 tonnes of copper in FY2026. However, the long-term goal is far more ambitious. By leveraging exploration rights, third-party ore processing, and the reclamation of low-grade material, the company aims to scale production to 10,000 tonnes per year.

With operational efficiency, integrated infrastructure, and energy resilience all in place, Jubilee Metals stands out as a leader in Zambia’s copper resurgence. In a highly competitive copper belt, Jubilee’s data-driven strategy and proven delivery are positioning it as one of Southern Africa’s most promising emerging producers.