Premier African Minerals Limited (PREM) · 2026-07-29
Funding
Premier African Minerals has completed a subscription to raise approximately £550,000 before expenses through 4,000,000,000 new ordinary shares at 0.01375p each, conditional on admission. Net proceeds will support Zulu operating costs, mining and stockpiling, essential creditors and general working capital.
Premier African Minerals Limited (PREM) · 2026-07-28
Operational and Corporate Update
Premier African Minerals said the Zulu Lithium and Tantalum Project plant will not restart during July 2026, as discussions with Canmax over extending the Long Stop Date have taken longer than expected. A revised timetable for the next production and optimisation run will follow formal conclusion of those discussions.
Premier African Minerals Limited (PREM) · 2026-06-25
Operational and Corporate Update
Zulu commissioning produced concentrate grades above 5.0% Li2O, peaking at 5.58% Li2O. But ore feed ran out early and mining remains constrained by the company's financial position.
Premier African Minerals Limited (PREM) · 2026-06-11
Funding
Premier African Minerals completed a subscription to raise approximately £800,000 before expenses through the issue of 4,000,000,000 new ordinary shares at 0.02 pence per share. Proceeds will support ongoing activities at Zulu, including optimisation of the newly commissioned flotation plant, following the successful production of first spodumene concentrate.
Premier African Minerals Limited (PREM) · 2026-06-08
Operational Update
Premier African Minerals said ore processing has commenced at the Zulu project's newly installed flotation plant. Management described initial observations as positive and noted the plant is operating as expected.