Jubilee, the Zambian copper producer, completed legal due diligence for the proposed $35m disposal of its Large Waste Project. The sale remains subject to technical due diligence and final documentation, with a $2.25m deposit expected shortly. Proceeds of up to $100m, including $65m remaining from the sale of its SA operations, would strengthen the balance sheet and fund Zambian copper expansion. A further $15m payment from the SA disposal is due in early January 2027, while Molefe Mine drilling results are expected shortly.
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