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Share Price: 0.205

Bid: 0.195

Ask: 0.215

Change: 0.02 (10.81%)

Spread: 0.02 (10.256%)

Open: 0.185

High: 0.205

Low: 0.185

Prev. Close: 0.185

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IN BRIEF: Premier African notes new mineral resource estimate for Zulu

Fri, 09th Feb 2024 11:22

Premier African Minerals Ltd - Africa-focused metals and mineral project developer - Says mineral resource estimate forecasts lithium oxide at 107,366 tonnes and the direct conversion of the contained lithium oxide to spodumene concentrate is 1,789,433 tonnes at Zulu lithium and tantalum project.

Chief Executive Officer George Roach says: "This MRE supports the development of the Zulu mine on an expedited basis. It underlines our confidence in the medium and long-term future of this mine and further supports our view that Zulu has the stand-alone potential to develop a lithium sulphate plant. Work continues in the greater EPO area, and we have now identified areas of future potential mineralisation and secured those areas in the longer term under new mineral claims."

Current stock price: 0.33 pence, down 9.7%

12-month change: down 43%

By Sabrina Penty, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

More News

5 Aug 2022 16:00

IN BRIEF: Premier African receives USD18 million from marketing deal

Premier African Minerals Ltd - British Virgin Islands-based minerals and metals project developer - Concludes definitive documents for the marketing and pre-payment agreement, and is in receipt of USD18.1 million.

3 Aug 2022 15:12

Premier African Minerals finalises prepayment deal, receives funds

(Sharecast News) - Premier African Minerals has concluded the definitive transaction documents of the marketing and prepayment agreement it announced on 24 June, it said on Wednesday.

26 Jul 2022 22:16

TRADING UPDATES: De La Rue cancels contract; Apollon buys in Jamaica

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

14 Jul 2022 21:44

TRADING UPDATES: Shield closer to Canada approval; Angle plans raise

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

1 Jul 2022 10:05

Premier African sees impressive results for Zimbabwean project

(Alliance News) - Premier African Minerals Ltd on Friday reported "impressive" results from the latest assay data from its Zulu Lithium & Tantalum project in Zimbabwe.

30 Jun 2022 20:30

EARNINGS UPDATES: Brandshield grows revenue; Xtract loss widens

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

24 Jun 2022 11:44

Premier African Minerals inks prepayment deal for Zulu project

(Sharecast News) - Premier African Minerals has entered into a marketing and prepayment agreement in the form of binding heads of terms, it announced on Friday, with Suzhou TA&A.

24 Jun 2022 11:24

AIM WINNERS & LOSERS: Riverfort lifts payout; Trackwise warns on sales

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday.

24 Jun 2022 09:18

Premier African Minerals shares rise on Zulu pilot plant contract

(Alliance News) - Premier African Minerals Ltd shares jumped on Friday, after the minerals and metals project developer announced it has signed terms for a large pilot lithium plant in Zimbabwe.

13 Jun 2022 14:28

Premier African mulling early production proposal for Zulu

(Sharecast News) - Premier African Minerals updated the market on progress, and a potential alternative proposal for early production, at its Zulu Lithium and Tantalum Project on Monday.

13 Jun 2022 11:14

Premier African drills 18,000 metres at Zulu; assay results soon

(Alliance News) - Premier African Minerals Ltd on Monday said it as drilled a total of 18,000 metres to date at its Zulu lithium and tantalum project in Zimbabwe.

25 Apr 2022 17:47

IN BRIEF: Premier African Minerals to sell 50% stake in Mutare assets

Premier African Minerals Ltd - British Virgin Islands-based minerals and metals project developer - Signs joint venture agreement with Li3 Resources Inc in which Li3 will purchase a 50% interest in Premier African's hard-rock lithium assets in the Mutare Greenstone Belt in Zimbabwe.

11 Mar 2022 14:45

IN BRIEF: Premier African Minerals receives GBP1.2 million payment

Premier African Minerals Ltd - British Virgin Islands-based minerals and metals project developer - Receives GBP1.2 million non-refundable deposit that Suzhou TA&A Ultra Clean Technology Co was required to pay as part of their conditional subscription agreement announced on Tuesday. The subscription was to raise GBP12 million for the development of the Zulu Lithium and Tantalum project in Zimbabwe. Suzhou acquires 13% of the share capital of Premier following the completion of the subscription.

21 Feb 2022 18:12

TRADING UPDATES: Panther Securities wins lease; NightCap opens new bar

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

10 Feb 2022 19:09

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