Premier African Minerals raises £1mln as it advances Zulu lithium DFS
The equity funding supports the company's efforts at Zulu and ensures it can retain 100% of the project.
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.
678 stories · page 5 of 34
Premier African Minerals mulls going it alone at Zulu Lithium project
Premier's present market value suggests that retention of 100% of Zulu is now potentially a better option.
Premier African Minerals on a lithium charge
A look at some of the major small-cap movers over the last week
Premier African Minerals shares surge as it confirms EPO for Zulu project
“The granting of the EPO reaffirms the Zimbabwean Government policy that Zimbabwe is open for business," said chief executive George Roach.
Premier African notes share price movement, will update market on material change
Premier African Minerals Ltd is a multi-commodity mining and natural resource development company focused on Southern Africa
Premier African Minerals looks to US for lithium project funds amid ‘ever increasing’ EV demand
It has appointed EAS, a New York-based boutique corporate advisory firm that works with early-stage mining and industrial groups.
Premier African Minerals releases results from gold sampling in Mozambique
Premier African Minerals has a diverse portfolio of assets in Africa
Premier African Minerals pays off debts and assesses African exploration opportunities
The company said it is assessing exploration opportunities in more than one African jurisdiction and that initial exploration on its tenement in Mozambique is now able to proceed
Premier African Minerals raises £1.1mln and starts hunt for new opportunities
With the money, Premier said it will be in a position to responsibly reassess its Zimbabwean assets
Premier African issues new shares, as funding consortium converts final tranche of loan notes
Premier African has many years of experience operating in Zimbabwe
Premier African puts frustrating period behind it as it looks to re-emerge from its shell
2019 was the most frustrating year to date at RHA, while the Zulu project is still waiting for an exclusive prospecting order so Premier is anxious to get some new irons into the fire.
Premier African Minerals gives initial update on preliminary geological review of recently secured Mozambique tenement
The group said among the highlights are an extensive current and historic artisanal gold mining activity in the immediate area and extending onto the tenement
Oil price recovery will switch E&P mindset to acquisitions, suggests Peel Hunt
M&A has typically been well received by the market in recent years
Premier African Minerals acquires lithium assets in Zimbabwe and Mozambique
The AIM-quoted firm is acquiring Lithium Consolidated's Zimbabwe and Mozambique assets for A$150,000, paid in shares.
Premier African Minerals gives investors more detail on planned Otjozondu owner stake increase
The proposed transaction will see the company’s stake in MN Holdings rise to 19%
Premier African Minerals completes US$290,000 funding deal
Premier African has a diverse portfolio of assets in Africa
Premier African Minerals buys further 7% stake in Otjozondu manganese mine
The company expects Otjozondu to be a cash generative asset which will support group overheads in the near future
Premier African Minerals agrees US$200,000 loan agreement, updates on Zulu and RHA projects
The AIM-listed group said the new loan will be used to support ongoing development and provide additional working capital
Premier African Minerals hosts Zimbabwean minister at RHA, as funding talks continue
The project lies approximately 270 kilometres northwest of Buluwayo
Premier African Minerals ups stake in Namibian manganese miner
“MNH is one of very few Manganese producers able to lay claim to remain cash positive and profitable through the recent fall in Manganese prices”