Premier African Minerals Share News (PREM)

Premier African Minerals Information

Buy PREM Shares
Add PREM to Watchlist
Add PREM to Alert

Share Price Information for Premier African Minerals (PREM)

Share Price is delayed by 15 minutes

Get Live Data

Share Price: 0.1525

Bid: 0.15

Ask: 0.155

Change: -0.0015 (-0.97%)

Spread: 0.005 (3.333%)

Open: 0.154

High: 0.154

Low: 0.1525

Prev. Close: 0.154

Last checked at -

Premier African Seals Mining Services Supply Agreement With MN Holding

Tue, 28th Jan 2020 18:36

(Alliance News) - Premier African Minerals Ltd on Tuesday said it has signed a machinery and mine equipment supply deal with MN Holding Ltd.

MN Holding will also assist with Premier's "various mining and exploration operations", the company said.

Chief Executive George Roach added: "This is another step towards the revival of RHA Tungsten Pvt Ltd. Apart from the reprocessing of tailings whilst we bring the underground development back to life, the dramatically reduced cost of operating a mining fleet arising from the association with MNH, will encourage a re-evaluation of the possible restarting of open pit operations as well."

The company is working towards bringing the RHA Tungsten mine in Zimbabwe back in operation.

Shares in Premier African closed 0.6% lower at 0.083 pence each in London on Tuesday.

By Eric Cunha; ericcunha@alliancenews.com

More News

25 May 2023 12:23

IN BRIEF: Premier African shares down as process plant commissioned

Premier African Minerals Ltd - Africa-focused minerals and metals project developer - Says its process plant at Zulu lithium and tantalum project is now fully commissioned. The supplier has advised Premier African that the milling and sizing component of the plant requires certain limited modifications to allow for full optimisation to design capacity throughput. It now expects the first spodumene shipments in June, and final optimisation in the fourth quarter of 2023 following plant modifications.

25 May 2023 11:22

AIM WINNERS & LOSERS: Premier African Minerals slides on project delay

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

19 May 2023 15:57

Premier African Minerals raises another £0.61m through placing

(Sharecast News) - Premier African Minerals announced a further placing to raise £0.61m before expenses on Friday, for the ongoing Zulu lithium and tantalum project's pilot plant optimisation.

19 May 2023 09:38

IN BRIEF: Premier African Minerals placing raises extra Zulu funds

Premier African Minerals Ltd - Africa-focused minerals and metals project developer - Announces further placing of 65.9 million shares at 0.925 pence each to raise GBP610,000. Chief Executive Officer George Roach has subscribed for 11.9 million shares at the placing price for GBP110,000 in total. Premier African will apply for shares' admission to trading on AIM, expected to take place on or around Thursday next week. Update follows company's original announcement on Monday of placing to raise GBP1.8 million before expenses at 0.925p per share. Premier African says proceeds will fund pilot plant optimisation for its ongoing Zulu lithium and tantalum project in Zimbabwe. Company also reported on Monday that the plant was producing concentrate from both the spodumene and mica flotation circuits. Placing was made via CMC Markets PLC which Premier African today has appointed as joint broker.

15 May 2023 17:26

TRADING UPDATES: FRP Advisory eyes revenue ahead of expectations

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

27 Apr 2023 21:44

IN BRIEF: Premier African Minerals says Zulu project work continues

Premier African Minerals Ltd - Africa-focused minerals and metals project developer - Says Zulu lithium and tantalum project asset optimisation work continues in Zimbabwe, alongside open pit mining operations. Says the plant has demonstrated its ability to float mica/lepidolite rich concentrates and spodumene. Says it finds less weathered ore than anticipated, although ore body in line with internal geological mining model. Says ore body adds confidence to future operating guidance. Says cashflow is constrained at Zulu, although this is expected to be short term. Says it will implement applicable financing measures to deal with this in the lead up to first revenues from sale of concentrates in the coming weeks.

12 Apr 2023 18:20

Latest Share Chat

Premier African Minerals Share News (PREM)

Share Price Information for Premier African Minerals (PREM)

Premier African Seals Mining Services Supply Agreement With MN Holding

IN BRIEF: Premier African shares down as process plant commissioned

AIM WINNERS & LOSERS: Premier African Minerals slides on project delay

Premier African Minerals raises another £0.61m through placing

IN BRIEF: Premier African Minerals placing raises extra Zulu funds

TRADING UPDATES: FRP Advisory eyes revenue ahead of expectations

IN BRIEF: Premier African Minerals says Zulu project work continues

TRADING UPDATES: Enwell Energy offices searched, Trinity confirms fire

Premier African Minerals sees shares fall on spodumene reagent delay

TRADING UPDATES: LoopUp eyes annual revenue to ahead of market view

TRADING UPDATES: i-nexus to deliver growth; Craven House loss narrows

TRADING UPDATES: Star Phoenix loss narrows but Petra's widens

TRADING UPDATES: Empire Metals confirms copper; Mosman hails progress

TRADING UPDATES: Egdon to buy Aurora Production UK; Mila finds gold

TRADING UPDATES: Fiske swings to loss; Nanoco sees loss widen

EARNINGS UPDATES: Ross Group, Goldstone, Caerus interim loss widens

Latest Share Chat

Premier African Minerals Share News (PREM)

Share Price Information for Premier African Minerals (PREM)

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Premier African Seals Mining Services Supply Agreement With MN Holding

Login to your account

Quickpicks are a member only feature

Login to your account