Premier African Minerals Ltd (LON:PREM)

Premier African Minerals Ltd (LON:PREM)

Share Price
0.10 p
-0.005 (-5.00 %)
Market Cap
£7.64 m
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Premier African Minerals Ltd

Premier African Minerals is currently developing a portfolio of strategic metals and agri mineral projects located across Africa.

Premier's mission is to acquire, explore, discover and define prospective natural resources projects, with the potential for rapid advancement up the value curve.

By targeting properties of known historic interest, often in overlooked or neglected...

Market: AIM:PREM
52-week High/Low: 0.27p / 0.08p
Sector: General Mining
Market Cap: £7.64 m
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Big Picture – A Deep Dive Examination of Premier African Minerals Ltd

Premier African Minerals Ltd Snapshot

Premier African Minerals Limited was established to acquire and develop mineral properties across Africa, especially in West and Southern Africa and to deliver regional economic development through our investments and work to unlock multi transaction earning potential for our investors, shareholders and stakeholders.

Premier is led by an experienced management team with a successful track record in the African mining sector.

The Company works across a wide range of commodities, including tungsten, lithium and tantalum, and rare earth elements.

The Company maintains strong relationships with governments and regional stakeholders, and is committed to the indigenisation process in Zimbabwe and to partnerships with empowerment enterprises.

The Company has offices in Lomé, Bamako and support services in Johannesburg.

Premier African Minerals has a project pipeline located in Togo and Zimbabwe.


  • Stable political environment
  • Efficient port at Lomé with bulk handling capability being expanded
  • West African transport hub
  • Significant phosphate resources on tide water
  • Mining legislation framed to liberalise the mining sector
  • Investment code in place to encourage investments and to develop natural resources


  • Good infrastructure in place for mine development and commodity logistics/export
  • Well-developed mining tradition across several key commodities, including Tungsten, Uranium,
  • Gold, Coal and REE
  • Secure property tenure held under mineral claim
  • International companies operate within indigenisation parameters

Premier is conducting exploration programmes on its key project sites with highly prospective mineralisation and potential for rapid advancement. Exploration activity currently centres on the company’s major projects at RHA, Zulu and Katete in Zimbabwe.

















For information on speciality minerals, please click here

For information on Catapu, Mozambique, please click here

For information on CASA mining, please click here




George Roach: Chief Executive Officer & Executive Chairman
George Roach has extensive experience in natural resource business development in Africa. He has successfully obtained licences and concluded Mineral exploration and exploitation agreements in the entire SADC region, Ethiopia and most of the CEMAC and ECOWAS regions.Under the auspices of Exploration Services, he provided consultancy to prospective exploration companies and has acted in significant capacities for a number of start-ups that have subsequently listed on AIM and TSX-V. Most recently as Managing Director Africa, for Uramin Inc. and Chairman and CEO for Premier African Minerals. George Roach maintains a number of other interests  in start-up companies that include Anglo African Agriculture that has recently acquired the Southern Africa based business of Dynamic Intertrade, a food manufacturing  and trading company and Agriminco Inc., focussed on African Agricultural and Industrial Mineral development.

Russel Swarts: Finance Officer & Non-Executive Director
Russel qualified as a Chartered Accountant (South Africa) in 1989, after serving articles with Price Waterhouse in Johannesburg. After leaving the profession in 1991, Russel took up senior financial roles within a number of JSE listed South African companies. Subsequently, Russel was appointed as CEO of the largest specialist telecommunications group in South Africa before taking on a director role at a private equity investment group involved in energy and natural resources. Russel spent five years as CFO of AIM-traded URU Metals Ltd before consulting in his areas of expertise. Russel has extensive experience in Southern African and international listed entity reporting, rules and regulations, corporate governance, mergers and acquisitions, specialist financing, strategic planning and group reporting planning and structuring. Russel has been involved in auditing, group reporting, budgeting and forecasting, systems implementations and restructuring.

Ian Stalker: Non-Executive Director
Mr Stalker is a seasoned mining executve and current Chairman and Director of Azincourt Uranium (TSXV:AAZ) a TSX Venture Exchange quoted company. He has over 30 years of development and operational mining experience in Europe, Africa and Australia. He has undertaken operational roles in the base and precious metals arenas and executive positions in some of the largest mining companies in the world. From 2009 to 2011 he was CEO of Berkeley Resources Ltd, an ASX and AIM quoted company with its main asset being a uranium development project in Spain. He was CEO of UraMin Inc. from 2005 until its acquisition by Areva in 2007. Prior to joining UraMin, between 2005 and 2007 Mr Stalker was a Vice President of Gold Fields Ltd., the fourth largest gold producer in the world at the time. Ian was also the CEO of former TSX V listed Brazillian Gold Corporation until its merger & acquisition in September 2013 by Brazil Resources (TSXV:BRI)

Michael Foster: Director
Mr Foster is a graduate geologist from St Andrews University in Scotland with a MBA in Business Administration from London Business School. He has over 30 years’ experience of all aspects of the mining industry, including exploration, mine development, operations and finance in a variety of commodities. He was a founding shareholder and Director of the AIM traded ZincOx Resources plc until 2008. More recently he served as Non-Executive Chairman of Copperbelt Minerals Limited, a company that discovered a new copper-cobalt deposit in the Democratic Republic of Congo. Mr Foster is currently a Director of CASA Mining Limited, a private company with interest in exploration licences in the DR Congo. He is also a director of Solantera Resources Limited which is involved in copper projects in Angola

Premier’s shares are publicly traded on AIM with the stock ticker of PREM.

Major Shareholders
The Company’s issued share capital consists 3,356,153,585 million Ordinary Shares of no par value (last updated 1 February 2017).

The company does not hold any Ordinary Shares in Treasury.

As of the 1 February 2017 the Company is aware of the following persons who hold, directly or indirectly, voting rights representing 3% or more of the issued share capital of the Company to which voting rights are attached:

Name - George Roach*

Number of Ordinary Shares - 461,787,134

% Issued Share Capital - 15.3%

South Africa Operational Support Office

The Croft

87, Main Road

Blue Hills (R55)

ZA 1685, Gauteng, South Africa

Tel: 27 (0) 100 201 281


Registered Office

Craigmuir Chambers

P.O. Box 71

Road Town

Tortola VG 1110 

British Virgin Islands


Zimbabwe Office

19 John Plagis

Alex Park




Togo Office

213, rue de Agbanlepedogan



Tel: +228 22 25 04 86


For further information please email: [email protected] 

Registered Office
Craigmuir Chambers
PO Box 71
Road Town
Tortola VG 1110
British Virgin Islands

Nominated Adviser
Beaumont Cornish Limited
2nd Floor, Bowman House
29 Wilson Street
London EC2M 2SJ
United Kingdom

Joint Broker
Shore Capital Stockbrokers Limited
Bond Street House
14 Clifford Street
London W1S 4JU
United Kingdom

Joint Broker
Beaufort Securities Ltd
63 St Mary Axe
London EC3A 8AA
United Kingdom

The Pinnacle
170 Midsummer Boulevard
Milton Keynes
Buckinghamshire MK9 1BP
United Kingdom

Reporting Accountant
The Pinnacle
170 Midsummer Boulevard
Milton Keynes
Buckinghamshire MK9 1BP
United Kingdom

Solicitors to the Company
Winckworth Sherwood LLP
Minerva House
5 Montague Close
London, SE1 9BB
United Kingdom

Legal counsel to the Company in the BVI
Craigmuir Chambers
PO Box 71
Road Town
Tortola VG 1110
British Virgin Islands

Legal counsel to the Company in Togo
Martial Akakpo et Associes
27, rue Marechal Bugeaud
BP 62210, Lome

Legal counsel to the Company in Zimbabwe
Scanlen & Holderness Legal Practitioners
CABS Centre
74 Jason Moyo Ave
P.O. Box 188 & 631

Legal counsel to the Company in Benin
Martial Akakpo et Associes
O2 BP: 698
LOT 1800

Legal counsel to the Company in Mauritius
Suite 330
3rd Floor Barkly Wharf
Le Caudan Waterfront
Port Louis

Legal counsel to the Company in Mali
Cabinet FSD Conseils
ACI 2000
Bamako Mali

Principal Bankers
Barclays Bank Plc
1 Churchill Place
London E14 5HP
United Kingdom

Computershare Investor Services (BVI) Limited
Woodbourne Hall
PO Box 3162
Road Town
British Virgin Islands

Computershare Investor Services PLC
The Pavilions
Bridgwater Road
Bristol BS99 6ZZ
United Kingdom

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