Premier African Minerals Ltd eyes profitability at RHA
Premier African Minerals Ltd revealed it was on the brink of profitable underground operations...
Company
LON:PREM
Premier African Minerals Ltd is a multi-commodity mining and natural resource development company focused on Southern Africa with its RHA Tungsten and Zulu Lithium projects in Zimbabwe. The company has a diverse portfolio of projects, which include tungsten, rare earth elements, lithium and tantalum in Zimbabwe and lithium and gold in Mozambique, encompassing brownfield projects with near-term production potential to grass-roots exploration.
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Premier African Minerals Ltd revealed it was on the brink of profitable underground operations...
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StratMin Global Resources PLC ended the week with news of a proposed disposal.
Premier African Minerals Ltd shares advanced on Thursday as it revealed the Danakil potash project in Ethiopia could become the globe's lowest cost producer.
Markets looked on the bright side, driving up the FTSE 100 Index by 48.15 points to 6145 at lunchtime
Investments and investor services
Banking group unveiled lower profits and cut its dividend
Major share price risers and fallers in London at 4.30pm
The company issued 100mln shares at 0.5p with the money to provide support until the tungsten miner starts to generate its own cash.
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Footsie continued lower on Wednesday as there were jitters about a possible Brexit and UK retail figures disappointed...
The Footsie fell 85 points as business leaders queued up to urge the British public to vote to stay in the EU
Premier African revealed financier Darwin has converted the remaining eight loan notes worth £200,000 into company shares.
Premier African aims to be profitable by the spring
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The FTSE 100 ended in the red, weighed down by big payers Astra, Glaxo and Shell going ex-dividend.
Some significant movers on Thursday at 9.30am, including Stratmin Global and Victoria Oil & Gas..
Oil majors still rise and Weir Group gets boost from vague bid chatter
The FTSE 100 Index climbed on reports of oil talks while M&A talk in oil and pubs also provided interest