TRADING UPDATES: United Oil adds Jamaica expert; Vaalco makes buy
29th Feb 2024 18:06
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Monday and Tuesday and not separately reported by Alliance News: Read More
Premier African Minerals Ltd - Metal and mineral developer focused on Africa - Announces a fundraise for GBP2.5 million through a subscription at an issue price of 0.275p per new share. This represents a 17% discount to the company's Wednesday closing price of 0.33p per share. Proceeds will go towards the company's Zulu lithium and tantalum project in south-west Zimbabwe. Premier African says it has sufficient funding to take it to first production at Zulu, with commercial production set to commence in late February and first shipments expected for March. Negotiations with Zimbabwe-based lenders for working capital facilities at Zulu are ongoing, the company says. Read More
Premier African Minerals Ltd - Africa-focused metals and mineral project developer - Says mineral resource estimate forecasts lithium oxide at 107,366 tonnes and the direct conversion of the contained lithium oxide to spodumene concentrate is 1,789,433 tonnes at Zulu lithium and tantalum project. Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
Premier African Minerals Ltd - Africa-focused metals and mineral project developer - Says new ball mill that has been custom built for its Zulu lithium and tantalum project in Zimbabwe is expected to depart from South Africa in the last week of January. The ball mill is the last major item to be placed for a restart of production that is still anticipated for late February, Premier African says. By February, the company says "additional hydrosizer, mill discharge screen, and associated tanks, sumps and pumps" will have been installed. Read More
Premier African Minerals Ltd - Africa-focused metals and mineral project developer - Says drill assay results at Zulu lithium and tantalum project in Zimbabwe show consistent spodumene concentrate grades as low as 4%. Results also show lithium oxide grades of 1.00% and 0.95%. Chief Executive Officer George Roach says: "Those surface trench and drill hole results, originating from the Southeast pegmatite, represent very good potential for this pegmatite that is adjacent but discrete from the main mining and pit developments underway at present." Adds it is on track to target revenue generating production by late February. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
(Alliance News) - Premier African Minerals Ltd shares fell on Friday, after it said its Zulu plant deadline is "largely" dependent on the resolution of ongoing commissioning and optimisation issues. Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of earnings by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More
Premier African Minerals Ltd - Africa-focused metals and mineral project developer - Confirms completion of installation of RHA Ball mill at its Zulu lithium & tantalum project in Zimbabwe. The commissioning phase is expected to start from Thursday with first material anticipated to be fed through the mill on Monday. Chief Executive Officer George Roach says the mill "is expected to support planned production of up to 1,000 tons per month of spodumene from November 2023 at Zulu." Read More
Premier African Minerals Ltd - Africa-focused metals and mineral project developer - Confirms it has received Chinese regulatory approval for its subscription of shares by its largest shareholder Canmax Technologies Co Ltd, from which it raised GBP5 million at an issue price of 0.35 pence per share as additional funding for the ongoing Zulu lithium and tantalum project optimisation in Zimbabwe. Read More
Premier African Minerals Ltd - Africa-focused metals and mineral project developer - Announces a conditional subscription of shares by Canmax Technologies Co Ltd to raise GBP5 million, before expenses, for the ongoing pilot optimisation at the Zulu Lithium & Tantalum project in Zimbabwe. The subscription funds remaining expected operational expenditure and any shortfall in remedial expenses. Read More
(Alliance News) - Premier African Minerals Ltd on Friday announced a new share placing to raise funds for its Zulu lithium and tantalum project in Zimbabwe. Read More
Premier African Minerals Ltd - Zimbabwe-focused tungsten producer - Notes 81% recovery of spodumene in the Zulu lithium and tantalum project. Says flotation test work has been carried out by the Centurion, South Africa-based Geolabs Global Pty Ltd. Adds installation of RHA Mill at Zulu is underway, with completion and commissioning expected within the next month. Says new target levels should be attainable by November. Read More
Premier African Minerals Ltd - Zimbabwe-focused tungsten producer - Signs amendment to offtake and prepayment agreement previously agreed with Canmax Technologies Co Ltd in August 2022. This restores the working arrangements between Premier and Canmax and the force majeure and default notices have been withdrawn. Amendments include a revised product supply schedule in respect of the prepayment of USD34.6 million plus accrued interest, and a revised hybrid pricing agreement. Premier and Canmax will share in the profit from production by Canmax of lithium hydroxide from SC6 supplied by Premier. Read More