M&A Deal Summary

Jubilee Metals Group Acquires Platinum Australia

On February 25, 2013, Jubilee Metals Group acquired metals/mining company Platinum Australia

Acquisition Highlights
  • This is Jubilee Metals Group’s 4th transaction in the Metals/Mining sector.
  • This is Jubilee Metals Group’s 1st transaction in Australia.

M&A Deal Summary

Date 2013-02-25
Target Platinum Australia
Sector Metals/Mining
Buyer(s) Jubilee Metals Group
Deal Type Add-on Acquisition

Target

Platinum Australia

West Perth, Australia
Platinum Australia Ltd. is an exploration and mining company specialising in platinum group elements. PLA owns 65.75% of Smokey Hills, which is a shallow underground operation capable of producing, at full design capacity, up to 80,000oz 4E PGM per annum.

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Buyer(S) 1

Buyer

Jubilee Metals Group

London, United Kingdom

Category Company
Founded 2002
Sector Metals/Mining
Employees885
Revenue 205M GBP (2024)
DESCRIPTION

Jubilee Metals Group is a mining exploration and development company with a primary focus on platinum group elements (PGE). Jubilee also has various operational exposures to chromite. Jubilee’s corporate mission in the metals industry is straightforward. The Company aims to create an integrated mine-to-metals company with a primary focus on platinum. Jubilee Metals Group was founded in 2002 and is based in London, England.


DEAL STATS #
Overall 4 of 4
Sector: Metals/Mining M&A 4 of 4
Type: Add-on Acquisition M&A Deals 3 of 3
Country: Australia M&A 1 of 1
Year: 2013 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-07-03 Braemore Resources

London, United Kingdom

Braemore Resources Plc engages in smelting and refining of nickel and platinum group metal concentrates. It has projects in both Australia and South Africa and a smelting facility located at Mintek in South Africa.

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