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Premier African CEO sees scope for greater stake in manganese mine project

Premier African Minerals Limited (LON:PREM) CEO George Roach speaks to Proactive London's Andrew Scott soon after announcing they've taken a 10% stake in a manganese mine MN Holdings following the conversion of a loan into shares.

MN owns the Otjozondu mine in Namibia, which is currently exporting 5,000 tonnes lump ore per month at better than 35% manganese

Quick facts: Premier African Minerals Ltd

Price: 0.05 GBX

AIM:PREM
Market: AIM
Market Cap: £6.77 m
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Premier African Minerals' pays off debts a day after raising £1.1m through a...

Premier African Minerals (LON:PREM) George Roach talks to Proactive London after managing to pay off debts and assessing African exploration opportunities. Roach goes on to explain their plans - with a 'nice amount of money left in the coffers allowing us to go forward'. The company is...

4 days, 13 hours ago

2 min read