Premier African Minerals PLC (LON:PREM) has started talks with other parties about the development of the RHA tungsten mine.
The junior has agreed to a direct approach from a potential alternative buyer of wolframite, while two Development Finance Institutions are to conduct due diligence.
Zimbabwe indigenisation authority NIEFF had promised US$6mln to help get RHA up and running again.
This money has yet to come through, though Premier is stil confident it will meet its obligation.
Premier is also waiting to hear on its Exclusive Prospecting Order application for areas surrounding its Zulu lithium progress, where it believes the additional acreage will help with funding for a Definitive Feasibility Study.