Company
LON:PREM
Premier African Minerals Ltd is a multi-commodity mining and natural resource development company focused on Southern Africa with its RHA Tungsten and Zulu Lithium projects in Zimbabwe. The company has a diverse portfolio of projects, which include tungsten, rare earth elements, lithium and tantalum in Zimbabwe and lithium and gold in Mozambique, encompassing brownfield projects with near-term production potential to grass-roots exploration.
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Corero Network Security has passed a ‘significant milestone’ in its development by getting a tier-one ISP to take its SmartWall Threat Defense System
The index had lost around 23 points by lunch to 6,103
Investments and investor services
The FTSE100 slipped around 20 points to 6,106 this morning
Below are some of the main news-driven share price changes at 4pm.
"Projected future value of Premier's holding in Circum Minerals far exceeds Premier's present market capitalisation"
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Stratmin Global, Tertiary Minerals and Fastjet also had news out on Friday
Investments and investor services
Below are the main news-driven share price movements at 4pm.
Investments and investor services
Anglo Asian Mining, Kefi Minerals and Andes Energia also has news out today
Investments and investor services
Below are the main news-driven share price movements at 4pm.
Premier African Minerals expects to see a move to profit at its RHA tungsten mine in the first quarter of 2016 having opened the mine in "trying times".
Investments and investor services
88 Energy, Paragon Diamonds, Range Resources and Victoria Oil & Gas also had news out
Premier expects RHA to become cashflow positive in the first quarter of next year
Investments and investor services
Below are the main news-driven share price movements at 4pm.
Premier African Minerals said it has issued £500,000 worth of shares to Darwin following a conversion notice under the previously announced loan note deal.
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A mixed news bag to end the week. Here is a summary....
Premier will issue 36 unsecured convertible loan notes worth £22,500 each to financier Darwin Strategic.
The miner also turned down a US$2.4mln offer for its shares in potash developer Circum,
Investments and investor services
There were a number of companies reporting interim results today...
Some 21mln new shares are being issued at a price of 1.35p each
It was a busy week in the small cap mining space as the UK's first mine for over 40 years opened.
Investments and investor services
Mosman Oil & Gas (LON:MSMN) moved STEP closer to acquisition with a royalty agreement worth NZ$4mln.
Below are the main news-driven share price movements at 4pm.
George Roach, chief executive, said throughput was 25% also higher than initial design expectations.
Atlanctic Coal, Strategic Minerals and African Potash all had significant news out this week...
Investments and investor services
Energy firms dominated news flow in the Proactive firmament today
George Roach said he expects RHA to operate profitably
Fertiliser, in particular potash, has been at the forefront of the small cap mining space this week.
House broker Shore Capital said the study points to Premier's Circum stake being worth £27.1mln or 3.97p/share.
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FTSE100 did not manage to get into positive territory on Thursday and closed down around five points...
"With the arrival on site of these plant modifications, we anticipate that we will progress rapidly to steady state production."
Tesla is not alone in advancing lithium-powered battery technologies.
It was a mixed news bag on Tuesday, which included mining firms...
Three distinct pegmatite belts up to 10 km long had already been identified through trench work.
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A number of resource companies have successfully raised fresh capital today, while another has been on a cost-cutting drive.
As well as lithium and lantalum, Zulu also contains rare mineral pollucite, a source of caesium said Premier.
Grades in the initial fines (powdered tungsten) concentrate came in better than expected and were running up to 70%.
George Osborne delivered the first Conservative Party budget for 20 years.
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A round-up of the significant news in the Proactive universe
Investments and investor services
The Footsie ebbed in the afternoon as Greek debt negotiations took a turn for the worse, but the index still finished in positive territory.
Investments and investor services
London's blue chips are higher despite some last minute wrangling in the set-to between Greece and its pay-masters, but the mid-cap index takes some lumps.
Premier African Minerals (LON:PREM) said it will continue to optimise the open pit at the RHA tungsten project in Zimbabwe in the year ahead, as it released 2014 results.
The morning's gains ebbed away as negotiations between Greece and its creditors took a turn for the worse
Savannah Resources (LON:SAV) continues to see good gold grades at its Block 4 project area in Oman and has identified a new prospect - Salahi 1. It was just one of a number of companies receiving good news this week.
Investments and investor services
Miners and oil stocks took to the stage today on a busy day for small caps.
In January, Premier estimated the mine would generate net revenue of US$26mln over a 22 month life of mine with pre-tax cash flow of US$8.9mln.
Investments and investor services
The companies involved in the Horse Hill project near Gatwick dominate the risers today.
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The FTSE 100 ended Tuesday almost 31 points down at 6,953 with miners in decline and Greece continuing to weigh on sentiment. Commodities giant Glencore (LON:GLEN) and Anglo American (LON:AAL) both finished among the top five losers despite
