Premier African Minerals Share News (PREM)

Premier African says market capitalisation undervalues Zulu project

(Alliance News) - Premier African Minerals Ltd on Tuesday provided an update on progress being made at the Zulu project.

Premier African Minerals bullish about Zulu project

(Sharecast News) - Premier African Minerals shares rose strongly on Tuesday after the mining company expressed confidence in its Zulu lithium and tantalum project in Zimbabwe.

IN BRIEF: Premier African Mineral pauses mining at Zulu project

Premier African Minerals Limited - Mining company based in Togo - Halts production at its new Zulu lithium and tantalum project in Zimbabwe to install an additional conditioning cell. Construction is expected to begin June 10 with assembly of new components to begin June 20. Target completion date is July 10.

TRADING UPDATES: CVS sells Dutch and Irish loss-making businesses

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

TRADING UPDATES: PetroTal buys Peru's Block 131 for USD5.0 million

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

Premier African raises another £1m due to strong institutional interest

(Sharecast News) - Premier African Minerals announced on Friday that it had raised a fresh £1m, due to strong institutional interest in its fundraising announced on 11 April.

Premier African Minerals announces third share subscription of 2024

(Alliance News) - Premier African Minerals Ltd on Friday said it has accepted the subscription of further shares following strong institutional interest.

IN BRIEF: Premier African raises GBP2 million for Zulu lithium asset

Premier African Minerals Ltd - minerals and metals producer focused on projects in Zimbabwe and Namibia - Announces a subscription offer for 1.2 billion new shares at an issue price of 0.17 pence each to raise around GBP2.0 million. Says the proceeds will go towards development of the company's Zulu lithium and tantalum project in Zimbabwe. The issue price represents a 15% discount to the company's Wednesday closing share price of 0.20p.

TRADING UPDATES: Fulcrum acquires Ontario gold tailings project

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

UK shareholder meetings calendar - next 7 days

TRADING UPDATES: Redrock acquires remainder of Australian subsidiary

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

TRADING UPDATES: United Oil adds Jamaica expert; Vaalco makes buy

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

TRADING UPDATES: Begbies trading in line; Probiotix inks partnership

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

EARNINGS AND TRADING: Sure Ventures value down after VividQ fundraise

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

IN BRIEF: Premier African Minerals announces discounted Zulu fundraise

Premier African Minerals Ltd - Metal and mineral developer focused on Africa - Announces a fundraise for GBP2.5 million through a subscription at an issue price of 0.275p per new share. This represents a 17% discount to the company's Wednesday closing price of 0.33p per share. Proceeds will go towards the company's Zulu lithium and tantalum project in south-west Zimbabwe. Premier African says it has sufficient funding to take it to first production at Zulu, with commercial production set to commence in late February and first shipments expected for March. Negotiations with Zimbabwe-based lenders for working capital facilities at Zulu are ongoing, the company says.