Jubilee Receives Two Binding Offers for Zambia Copper Waste Project, Plans to Redirect Capital to Copper Growth

Published: Aug 12, 2026 09:43
Jubilee Metals has received two binding offers for the outright sale of its Large Waste Project in Zambia, a major copper tailings and waste-rock resource acquired for about US$18 million last year. Both bids are reportedly at a substantial premium to the original acquisition price. Jubilee expects to select a preferred bidder and target definitive agreements within roughly two weeks, with proceeds to be redirected toward expanding its existing Zambian copper operations.

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Jubilee Metals has received two binding offers for the outright sale o - Shanghai Metals Market (SMM)