Premier African Minerals secures machinery and expertise for the further development of the RHA tungsten project
Premier also secured an extension to the repayment terms of a US$350,000 loan
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 Minerals looks to RHA tailings after grid connection
“As of now, adequate power is available from the national grid to consider the resumption of plant operations at the end of January 2020"
Premier African Minerals gets power for RHA mine
ZESA has provided RHA with a temporary solution that can be operated manually at site until a new transformer has been delivered and installed.
Premier African Minerals raises £262,000 through crowdfunding platform
Shares were sold at 0.1p, with the money earmarked for its Zimbabwe tungsten and lithium operations.
Premier African Minerals takes 10% stake in manganese mine owner
The mine also has an exploration target of 30-50mln tonnes grading at 23%-27% maganese
Premier African Minerals still awaiting confirmation for Zulu permit
Premier said it will notify the market when it receives written communication of the status of Zulu's EPO application.
Premier African cost cutting measures are keeping the show on the road
Premier African Minerals has a diverse portfolio of assets across southern Africa
Premier African Minerals raises £250,000
"I expect this will be the last direct placement Premier will need in advance of expectations for the exclusive prospecting order application at Zulu Lithium and Tantalum project, and the ongoing electrification at the RHA Tungsten Mine in
Premier African Minerals chairman to step down
Elsewhere, site work has started at the RHA Tungsten Mine said Premier.
Premier African Minerals agrees extension to loan agreement
Chief executive George Roach said: "The loan agreement was always concluded on helpful and supportive terms and this extension underlines that."
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Premier African Minerals prepares for possible disposal of stake in Circum Minerals
“The board of Premier is committed to ensuring that the management of the Circum Interest is conducted transparently and efficiently,” the company said.
Premier African Minerals welcomes Neil Herbert to board as it completes MN loan
In July, Premier African and Cambrian agreed to make a secured loan of US$1.35mln to MNH.
Premier African Minerals says electrification of RHA mine set for completion
“With this now known, work for bringing the underground operations back on stream can commence," said chief executive George Roach
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“The outlook for RHA has substantially improved,” says CEO Roach
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Premier African Minerals says RHA mine now a priority for Zimbabwe government
RHA is now considered a priority project for the country’s government, Premier African added.