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Pin to quick picksPremier African Minerals Share News (PREM)

Share Price Information for Premier African Minerals (PREM)

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Share Price: 0.114
Bid: 0.113
Ask: 0.115
Change: -0.005 (-4.20%)
Spread: 0.002 (1.77%)
Open: 0.119
High: 0.1145
Low: 0.112
Prev. Close: 0.119
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Premier African Minerals confirms restart at RHA Tungsten

Mon, 18th Jul 2016 16:25

(ShareCast News) - Multi-commodity mining and natural resource development company Premier African Minerals announced on Monday that plant upgrades are now installed and operational at the RHA Tungsten Project, of which Premier is the operator and holds 49%.The AIM-traded firm said the screens, plant modifications and electrical reticulation works have been finished and the plant is undergoing a phased commissioning and optimisation process to achieve the anticipated recoveries and operational throughput.Wolframite concentrate from ore in the underground mine has been produced, and the throughput of the plant will be steadily increased to the plant's design capacity of 16 tonnes per hour."I am pleased to report the installation of these much anticipated modifications at RHA and the commencement of the recommissioning and optimisation process," said Premier African Minerals CEO George Roach."I will keep the market informed of progress and look forward to being in a position to deal with financial forecasts in the near future."At the same time, I am equally pleased to report that XRT test-work recently conducted on bulk sample material from RHA was re-run at the express direction of the equipment provider to confirm the excellent results previously achieved, and the equipment provider now confirms that the sort achieved a near 100% recovery," Roach explained.He said Premier is reassessing the pit capacity to meet the minimum tonnage XRT sorting will require, and expects to be in a position to progress that in early August."I would like to thank our shareholders for their continued support during this transitional period for the company," Roach added.
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17 Jul 2019 10:51

WINNERS & LOSERS SUMMARY: Johnson Matthey Shares Slip On Flat Sales

(Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Wednesday.----------FTSE 100 - LOSERS----------Johnson down The

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8 Jul 2019 14:51

Premier African Minerals Issues USD1.4 Million Loan To MN Holdings

(Alliance News) - Premier African Minerals Ltd said on Monday it issued a loan to MN Holdings Ltd, the operator of the Otjozondu manganese mining project in Namibia.The mining and natural a

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1 Jul 2019 14:49

Premier African Minerals Loss Narrows But Disappointed By RHA And Zulu

(Alliance News) - Premier African Minerals Ltd on Monday reported a narrowed loss for 2018 but said it had suffered a "disappointing" year as it failed to restructure ownership of RHA or

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28 Jun 2019 11:51

Premier African Minerals Gets Zimbabwe Funding For RHA Tungsten Mine

(Alliance News) - Premier African Minerals Ltd on Thursday confirmed it has received some funding from Zimbabwe's National Indigenisation & Economic Empowerment Fund.The investment

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21 Jun 2019 14:51

Premier African Minerals gets cash injection through convertible loan note

(Sharecast News) - Premier African Minerals has issued a convertible loan note for $0.35m with Regent Mercantile Holdings, it announced on Friday.

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21 Jun 2019 10:59

Premier African Minerals Raises USD350,000 Via Loan Note Issue

(Alliance News) - Premier African Minerals Ltd on Friday said it has raised USD350,000 via issue of convertible loan note to Regent Mercantile Holdings Ltd.Proceeds of the loan agreement be

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28 May 2019 16:32

UPDATE: Premier African Minerals And KME End Talks Over Drill Contract

LONDON (Alliance News) - Premier African Minerals Ltd on Tuesday said it has terminated discussions with KME Plant Hire Proprietary Ltd over the Zulu lithium project in Zimbabwe.Premier now

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28 May 2019 14:24

Premier African Minerals And KME End Talks Over Drill Contract

LONDON (Alliance News) - Premier African Minerals Ltd on Tuesday said it has terminated discussions with KME Plant Hire Proprietary Ltd over the Zulu lithium project in Zimbabwe.Shares in a

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7 May 2019 10:58

Premier African Minerals Signs New Funding Agreement For RHA Tungsten

LONDON (Alliance News) - Premier African Minerals Ltd said Tuesday it has signed a new investment agreement for RHA Tungsten Pvt Ltd with the National Indigenization & Economic Empowerment of

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17 Apr 2019 10:34

Premier African Minerals Shares Fall As It Drops Planned Acquisitions

LONDON (Alliance News) - Shares dropped in Premier African Minerals Ltd on Wednesday as it said it will not proceed with the acquisitions of 50% of KME Plant Pty Ltd and 50% of Honey Badger in the

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13 Mar 2019 13:58

Premier African Minerals RHA Tungsten Mine Receives Investment

LONDON (Alliance News) - Premier African Minerals Ltd said Wednesday the Zimbabwe Ministry of Industry, Commerce & Enterprise Development has secured a USD6 million investment for the RHA mine

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27 Feb 2019 11:01

Premier African Minerals Raises GBP400,000 Via Share Placing (ALLISS)

LONDON (Alliance News) - Premier African Minerals Ltd on Wednesday said it raised GBP400,000 via placing of 444.4 million shares at 0.09 pence each.Shares in the mining company focused on

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27 Feb 2019 10:44

Premier African Minerals raises £0.4m as it continues Honey Badger due diligence

(Sharecast News) - Premier African Minerals announced a placing to raise £0.4m before expenses at an issue price of 0.09p per new ordinary share on Wednesday.

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26 Feb 2019 14:38

Premier African Hires KME Plant To Restart Production At Zulu Project

LONDON (Alliance News) - Premier African Minerals Ltd on Tuesday said it will recommence drilling at its wholly-owned Zulu lithium & tantalum project in Zimbabwe.The works were in 2018,

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20 Feb 2019 14:59

Premier African Minerals Say General Agreement Reached On RHA Tungsten

LONDON (Alliance News) - Premier African Minerals Ltd on Wednesday said RHA Tungsten Pvt Ltd has reached a general agreement and will return to production "as soon as in miner Premier African

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