Fresh cash injection for Premier African Minerals
1st Mar 2016 15:34
(ShareCast News) - Premier African Minerals received a fresh cash injection on Tuesday, announcing it had received a direct subscription for £500,000 in new ordinary shares. The AIM-traded company said the subscription consisted of an issue of 100 million new ordinary shares, at a subscription price
Read morePremier African Minerals issues new shares after loan conversion
16th Feb 2016 12:54
(ShareCast News) - Premier African Minerals said it had issued 78m shares in the company after Darwin Capital Ltd decided to exercise a convertible loan note. The company said the loan notes have been used to part fund the re-opening of underground operations at RHA Tungsten, Premier's Zimbabwe tung
Read morePremier African Minerals gets early release of Darwin loan notes
20th Nov 2015 10:12
(ShareCast News) - AIM-listed multi-commodity resource and development company Premier African Minerals said Darwin Strategic Limited has agreed to bring forward the release date of a second tranche of loan notes. Premier said Darwin has agreed to release the second tranche of loan notes in the amou
Read morePremier African Minerals inks £1.65m convertible loan facility
29th Apr 2015 08:51
Premier African Minerals has agreed a £1.65m convertible loan facility with Darwin Strategic Limited in order to finish the construction of its RHA tungsten mine in Zimbabwe. Giving details on Wednesday, Premier said the facility is for 66 loan notes worth £25,000 each to be repaid from October at t
Read morePremier African Minerals surges on environmental approval for tungsten project in Zimbabwe
7th Apr 2015 09:32
Shares in Premier African Minerals surged over 10% on Tuesday, after the commodities group said it had secured environmental approval for the RHA tungsten project in Zimbabwe. The London-listed group said the Environmental Management Agency of Zimbabwe had approved the company's environmental impact
Read morePremier African Minerals hires mining funding veteran
27th Feb 2015 16:56
The hiring of mining veteran Michael Foster by AIM-listed Premier African Minerals has been hailed by analysts at Shore Capital. Foster, who founded AIM-quoted ZincOx Resources and is a current director at privately-owned Congo-focused Casa Mining, was appointed a non-executive director of Premier w
Read morePremier African Minerals makes progress on tungsten project
10th Sep 2014 12:52
Premier African Minerals reported progress with a tungsten project in Zimbabwe, driving its shares higher. Premier said it had achieved positive test results from the RHA scheme, which it said represented "a significant milestone" in the project's development. Chief executive George Roach sai
Read moreFitbug secures £1.75m loan to fund expansion
29th Jul 2014 16:55
Online personal health and well-being group Fitbug has secured a £1.75m loan to help it develop the business and fight a court case. Fitbug said it had agreed the loan from NW1 Investments Limited and Kirsh Group subsidiary Kifin. The loan is repayable by July 31st next year and will accrue inter
Read morePremier African Minerals to repeat metallurgical study at RHA project
19th Jun 2014 10:44
Premier African Minerals, an AIM-listed natural resource company, fell after admitting the metallurgical study on the RHA tungsten project in Zimbabwe needs to be repeated. At 60%, the study sample grade was deemed "acceptable", but according to Premier "under-estimates the anticipated outcome" me
Read morePremier African Minerals updates on Danakil potash deposit
18th Mar 2014 16:00
Shares in Premier African Minerals climbed after the company released an update from part-owned AgriMinco Corp on its Danakil potash deposit. Premier African holds a 42% stake in Canada-listed firm AgriMinco, which has a 30% stake and is developing the project in partnership with Danakil Corporatio
Read morePremier African Minerals discovers 'significant' tungsten mineralisation
18th Feb 2013 07:07
AIM-listed multi-commodity natural resource company Premier African Minerals has discovered at least two previously unknown, well-mineralised quartz veins at its flagship RHA Tungsten project. The company reported that the project, which is located in the prospective Kamativi Tin Belt in Zimbabwe,
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