15th Sep 2015 09:36
LONDON (Alliance News) - Premier African Minerals Ltd on Tuesday said throughput at the RHA tungsten project processing plant in Zimbabwe is ahead of its expectations.
The company said the throughput from the processing plant is 25% ahead of its original expectations and said the second shipment from the project has been dispatched, with the company anticipating revenue from this shipment will be generated by mid-September.
Optimisation work on the recovery circuits at the plant is ongoing, Premier African said, and it also expects an increase in the resource tonnage for the site.
Shares in Premier African were up 4.9% to 1.495 pence on Tuesday.
By Sam Unsted; [email protected]; @SamUAtAlliance
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