AIM WINNERS & LOSERS: Pennant to post half-year revenue decline
8th Aug 2025 11:05
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Friday. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Friday. Read More
Premier African Minerals Ltd - developer of RHA tungsten and Zulu lithium projects in Zimbabwe - Reports extended running time without interruptions at its Zulu Lithium and Tantalum plant, noting consistent production at saleable grades in excess of 5% spodumene. Adds that test work conducted during operations has allowed the original equipment manufacturer to identify areas not yet fully optimised, as well as demonstrate the quality of the ore body at Zulu and "the amenability to spodumene concentrate recovery through floatation." Says the OEM will continue with the test programme to identify operational changes and to further examine options to optimise reagents. Read More
Premier African Minerals Ltd - developer of RHA tungsten and Zulu lithium projects in Zimbabwe - Says it restarted the Zulu lithium and tantalum plant on Sunday, after the installation of spodumene float section inserts completed. Chief Executive Officer George Roach says: "Thanks to the outstanding support we have received from each of the original equipment manufacturer suppliers associated with all the plant components from the mill to final floatation, we have been able to restart the plant late afternoon on 6 July 2025." He adds: "The plant has run with limited feed to allow for checks on the operation of each of the plant components and process integration up to the spodumene cleaner cell inserts that will be brought into the process today once sealants have hardened. All being well, ore from the run-of-mine pad will be fed from today and commissioning and optimisation of the primary spodumene floatation plant will follow." Read More
(Alliance News) - The following is a round-up of earnings for 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 Wednesday and not separately reported by Alliance News: Read More
(Alliance News) - London's FTSE 100 remained firmly in the green at midday on Wednesday alongside its European peers, as gold continues its retreat and investor sentiment turns hopeful amid signs of a potential reduction in trade tensions between the US and China. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More
(Alliance News) - Stock prices in London were lower midday on Friday, as investors remain nervous despite the latest pause on certain US tariffs. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Friday. Read More
Premier African Minerals Ltd - developing RHA tungsten and Zulu lithium projects in Zimbabwe - Updates on the progress of ongoing refinancing efforts of its 100%-owned Zulu Lithium and Tantalum Project. Premier says it actively seeking a fully funded solution for Zulu and is actively engaging with all existing stakeholders, in particular Zulu's prepayment and offtake partner with whom detailed discussions continue. Whilst this remains the preferred solution, Premier is also engaged with other new potential investors. In the absence of a financing solution, Premier may need to consider alternative options for Zulu which may include raising financing at the subsidiary level, a sale of Zulu whilst keeping it in a state of care and maintenance, the liquidation of the assets of Zulu, or other options available under Zimbabwean laws including a corporate rescue of Zulu. Read More
Premier African Minerals Ltd - developing RHA tungsten and Zulu lithium projects in Zimbabwe - Raises GBP1.2 million in a placing of 4.34 billion new shares at 0.0275 pence each. Also makes a retail offer of shares at the same price to raise up to a further GBP2.3 million, which would bring the total raise to GBP3.5 million. The funds will be used to restart operations at the Zulu lithium and tantalum project, where money is needed to commission the primary flotation plant and to purchase a secondary plant. Premier also needs to pay taxes to the Zimbabwe government and wage arrears to employees. Premier also hopes to issue new shares to settle liabilities with some of its creditors. Read More
(Alliance News) - Premier African Minerals Ltd on Tuesday reached an agreement with Canmax Technologies Co Ltd for offtake and prepayment of the Zulu Lithium and Tantalum Project. Read More
(Alliance News) - The following is a round-up of earnings for 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 Wednesday and not separately reported by Alliance News: Read More
Premier African Minerals Ltd - British Virgin Islands-based mining company focused on Southern Africa - Completes installation on time of additional conditioning tanks at its Zulu lithium and tantalum project in Zimbabwe. Commissioning underway with ore feed expected to start today. Company expects the unit to significantly increase production of spodumene concentrate, from which lithium is sourced, from the site's flotation circuit. Read More
Premier African Minerals Ltd - British Virgin Islands-based strategic metal and mineral mining company focused on Southern Africa - Has largely installed the conditioning tank at its Zulu lithium and tantalum mine in Zimbabwe. Commissioning to be completed this week as originally expected. Read More