Jubilee pays second tranche for DCM


(MENAFN- ProactiveInvestors)Jubilee Platinum (LON:JLP) said it had handed over the second of three share-based payments for the DCM project in South Africa for £207000 as it revealed it has received two funding offers for its near-surface tailings deposits. The plan is to put them into production next year with 42000 ounces of platinum group metals expected to be processed. Jubilee also revealed it is reviewing approaches for its non-core non-platinum assets. Chief executive Leon Coetzer said: Leon Coetzer CEO says:  "Progress to our mines-to-metals strategy is accelerating with two offers received for financing of our surface tailings projects and firm cash offers for our non-core non-platinum assets being reviewed.'


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