RE: Dailymail4 Oct 2018 08:25
Tungsten miner Premier African Minerals slid after it announced the results of a consultation on how to bring one of its Zimbabwean mines back into production.
The study concluded it was viable, but would cost £818,000. After 15 months, it would only be making £474,000.
In a separate announcement, it said it may have to reconfigure the layout of the mine to take advantage of where minerals were detected. Shares fell 17.5 per cent, or 0.03p, to 0.13p.