Jubilee Metals shares dip on JSE after South Africa chrome, PGM sale closes
Jubilee Metals completed the sale of its South African chrome and PGM operations to One Chrome, expecting a second US$10 million payment soon. JBL shares closed down 2.47% at 79 South African cents in Johannesburg. The company will now focus on copper production in Zambia. Investors await updates on cash use and Zambian project milestones.