Announced

Completed

One Resources Group completed the acquisition of the chrome and PGM operations from Jubilee for $90m.

Synopsis

One Resources Group, an entity focused on mining services, completed the acquisition of the chrome and PGM operations from Jubilee, a copper focused producer, for $90m. "I am pleased to report that we have executed this transaction within the timelines stipulated when first announced. Thank you to the South African leadership team for all your efforts, not only in seeing this transaction to close, but for the hard work from you and all of our employees in building this business into one of the world's largest chrome producers in just a few short years. I will eagerly follow your growth and wish you continued success. I am excited to lead our remaining executive and Zambian copper team in replicating this success through our Copper Business and look forward to a year of delivering significant growth in our copper operations," Leon Coetzer, Jubilee CEO.

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