In this episode of The Sunday Roast, Phil Carroll and Kevin Hornsby are joined by Leon Coetzer, CEO of Jubilee Metals Group (AIM: JLP), to discuss the latest developments in the company’s Zambian operations. Leon provides insights into the restart of the Roan concentrator following the stabilization of power supply and the processing of higher-grade copper feed, which is expected to accelerate production. Jubilee has secured 200,000 tonnes of copper material at 1.6% copper, more than doubling the previous feed grade, and is evaluating the potential for long-term supply. The discussion also covers Roan’s capacity to process up to 45,000 tonnes per month, the $2.7 million material acquisition, and ongoing due diligence on the Large Waste Project.

The team also welcomes Colin Bird, Executive Chairman of Bezant Resources (AIM: BZT), to discuss the latest news surrounding the company’s Mankayan Copper-Gold Project in the Philippines. Bezant’s interest in Mankayan is held through IDM International Limited, which has announced a proposed merger with ASX-listed Blackstone Minerals Ltd via a scheme of arrangement. Under the deal, IDM shareholders will receive 7.4 Blackstone shares for every 1 IDM share, resulting in 692.1 million new Blackstone shares being issued, with an implied equity value of AUD 18.7 million for IDM.

Additionally, Colin Bird provides insights into Xtract Resources’ (AIM: XTR) latest move in Zambia, where the company has agreed to purchase dump material in the Zambian Copperbelt for $300,000. This acquisition, funded from existing cash reserves, will allow Xtract to conduct trial testing and evaluation of historical mining dump material to assess its grade, quantity, and treatability before considering further purchases. Under the agreement, Xtract will pay $1.15 per tonne, with the seller retaining responsibility for statutory royalties and duties.

Beyond company news, the team also covers the week’s biggest headlines, market movers and shakers, and their top TV recommendations.

Tune in for an in-depth discussion on Jubilee, Bezant, and Xtract Resources, along with the latest trends shaping the mining sector and beyond.

00:00 – 00:15:18  Weekly News Roundup 
00:15:18  #JLP Interview
00:37:53 Colin Bird
00:45:46 #EUA
00:45:54  #OMI
00:46:18 #ARCM
00:46:55 #BZT
00:47:51 #BZT with Colin Bird
01:00:13 #XTR
01:00:46 #XTR  with Colin Bird
01:20:39 #KDR
01:22:46 #TM1
01:29:18 TV recommendations