Jabiru Metals says its board has given in-principle approval to the construction of a $10 million separation plant at its Jaguar lead, copper, zinc and silver project in Western Australia.
Jabiru Metals has given the go-ahead for the $32 million development of a second operation at the Jaguar copper-zinc mine, located 300km north of Kalgoorlie.
Miner Jabiru Metals has paid down $US15.5 million ($A24 million) of its bank debt after closing out part of its hedge book while its Jaguar copper and zinc mine achieves record monthly production.