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Company News: Jabiru Metals
Updated: 20 Sep 2010

Jabiru is an emerging low cost LME metals producer listed on the Australian Securities Exchange (ASX).  Jabiru was floated on the ASX in January 2000 to develop the remnant resources of the old Teutonic Bore mine located in the Goldfields region of Western Australia, mined between1980-1985.  A joint exploration venture with Inmet Mining (Australia) Ltd (“Inmet”) discovered the Jaguar resource 4km south of the Teutonic Bore site.

Jabiru completed the Bankable Feasibility Study on Jaguar and with subsequent financing of the project by ANZ Ltd, the successful construction of both the concentrator and underground mine began.

Jabiru commissioned the Jaguar copper and zinc mine in 2008, overcoming a number of mechanical challenges with the Jaguar concentrator.  The Jaguar operation has gone onto to generate record production figures and revenue exceeding targets.

In 2006, Jabiru successfully won the competitive tender bid with the Victorian State Government for the historic Benambra, subsequently renamed Stockman, project in East Gippsland, Victoria.  The Company has completed a Scoping Study and is now commencing a pre-feasibility study into the development of the Stockman Project.
Business Category Exploration; Mining
Regions of Operation Australasia
Exchange Ticker JML
 

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Ground Floor, 1205 Hay Street
  • West Perth,
  • Western Australia,
  • 6005
  • Australia
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