Premier African Minerals acquires 52% of TCT Industrias Florestais Ltd
31st Oct 2016 12:36
(ShareCast News) - Multi-commodity mining and natural resource development firm Premier African Minerals has completed its acquisition of a 52% stake in TCT Industrias Florestais Limitada. TCT IF owns a substantial limestone deposit located on rail in the Sofala Province of Mozambique. "This is a u
Read morePremier African Minerals reports significant titanium grades at Zulu
21st Oct 2016 13:46
(ShareCast News) - Mining exploration and production company Premier African Minerals reported on Friday that significant tantalum grades have been recorded from the current 2,500 meter drilling programme at the company's Zulu Lithium and Tantalum Project in Zimbabwe. The AIM-traded firm said signif
Read moreOrtac Resources moves to maintain 19.5% stake in Casa Mining
19th Oct 2016 11:15
(ShareCast News) - Ortac Resources has subscribed for a further 62,500 shares at $50,000 total in Casa Mining Ltd to maintain its 19.5% stake after Premier African Minerals acquired a 4.5% shareholding. Premier African's investment of $250,000 valued Casa at about $5.57m. Based on this, Ortac's inte
Read morePremier African Minerals nabs 4.5% stake in Casa Mining Ltd
18th Oct 2016 10:46
(ShareCast News) - Premier African Minerals Ltd has nabbed a 4.5% stake in Mauritius-based Casa Mining Ltd, which holds prospective gold mining and exploration licences in the Democratic Republic of Congo. Casa is the 71.25% owner and operator of the Misisi Gold Project, located in South Kivu, easte
Read morePremier African Minerals reports on positive RHA review
5th Oct 2016 14:18
(ShareCast News) - Mining exploration and production company Premier African Minerals reported on Wednesday that a review of immediately available tungsten rich material at its RHA Tungsten Operations in Zimbabwe has been completed. The AIM-traded firm said the review showed sufficient tonnage immed
Read morePremier African Minerals shares down on interim results
28th Sep 2016 11:19
(ShareCast News) - Multi-commodity mining and resource development company Premier African Minerals announced its unaudited interim results for the six months to 30 June on Tuesday afternoon, with revenue of $0.13m rising from $0.1m in the year to December 2015, and nil revenue in the first six mont
Read morePremier African begins lithium drilling programme, hires David Lenigas
14th Sep 2016 12:13
(ShareCast News) - Premier African Minerals, a South and West Africa based multi-commodity mining development company, has begun a diamond drilling programme on its Zulu lithium project. The programme, which Premier said will be on the largest undeveloped lithium-enriched resource in Zimbabwe, has t
Read morePremier African Minerals agrees loan note funding as mines near drilling
22nd Aug 2016 08:23
(ShareCast News) - As well as confirming that its RHA tungsten mine should hit its targeted rate next months, Premier African Minerals has arranged a £3.5m round of new loan notes from investor Darwin Strategic Limited. AIM-listed Premier has signed a subscription agreement with Darwin for up to 140
Read moreHueston out and Swarts in at Premier African Minerals
27th Jul 2016 15:03
(ShareCast News) - Southern and Western Africa-focused multi-commodity mining and natural resource development company Premier African Minerals announced on Wednesday that Pamela Hueston has resigned as a director of the company, and that simultaneously Russel Swarts has been appointed as a consulta
Read morePremier African Minerals confirms restart at RHA Tungsten
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, pla
Read moreFresh 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 more