Proactive weekly mining roundup: African Potash, Xtract, Sirius, Sunrise, Stratmin, Stratex and more
Fertiliser, in particular potash, has been at the forefront of the small cap mining space this week.
Company
Premier African Minerals Ltd
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 highlights US$2.1bn Danakil value
House broker Shore Capital said the study points to Premier's Circum stake being worth £27.1mln or 3.97p/share.
Archive
FTSE100 closes lower as Carney's comments spook traders
FTSE100 did not manage to get into positive territory on Thursday and closed down around five points...
Premier African expects RHA modifications to have swift impact
"With the arrival on site of these plant modifications, we anticipate that we will progress rapidly to steady state production."
Lithium – the metal of the future (if there's enough)
Tesla is not alone in advancing lithium-powered battery technologies.
Proactive news summary, including ZincOx Resources, Minera IRL, Sirius Minerals, and Premier African Minerals
It was a mixed news bag on Tuesday, which included mining firms...
Premier African acquires exploration rights over tenements in Benin
Three distinct pegmatite belts up to 10 km long had already been identified through trench work.
Archive
Most followed: COPL, Tango Mining, SolGold, Seeing Machines, Premier African, Optibiotix, NTOG...
A number of resource companies have successfully raised fresh capital today, while another has been on a cost-cutting drive.
Premier African Minerals raises £450,00 for work on lithium project
As well as lithium and lantalum, Zulu also contains rare mineral pollucite, a source of caesium said Premier.
UPDATE - Premier African to make first shipment from RHA next week
Grades in the initial fines (powdered tungsten) concentrate came in better than expected and were running up to 70%.
FTSE closes 58 points higher after Osborne Budget
George Osborne delivered the first Conservative Party budget for 20 years.