https://www.miningweekly.com
Canmax Technologies|Premier African Minerals|Zimbabwe|Zulu Lithium And Tantalum Project|Critical Minerals|Mining|Graham Hill
||||
canmax-technologies|premier-african-minerals|zimbabwe|zulu-lithium-and-tantalum-project|critical-minerals|mining|graham-hill

Premier African Minerals to raise £550 000 for Zim project

29th July 2026

By: Sabrina Jardim

Senior Online Writer

     

Font size: - +

London-listed Premier African Minerals has completed a subscription to raise about £550 000 before expenses through the issue of four-billion new ordinary shares at an issue price of £0.014 apiece.

Premier MD Graham Hill says the funding raised provides important working capital to contribute towards ongoing operational requirements at Zulu, including the continuation of mining and stockpiling activities.

Following the company's recent update regarding the Zulu lithium and tantalum project, in Zimbabwe, the company says the board remains focused on maintaining operational continuity across both Premier and the Zulu project, while constructive discussions continue with Canmax Technologies regarding the extension of the long stop date of a prepayment and offtake agreement.

Hill says the board remains firmly focused on advancing Zulu towards sustained production and commercial operation and believes the subscription will support continued progress and preparations for the next production and optimisation campaign once a revised operating timetable has been confirmed.

Edited by Chanel de Bruyn
Creamer Media Online Managing Editor

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

CSIR International Convention Centre (CSIR ICC)
CSIR International Convention Centre (CSIR ICC)

CSIR International Convention Centre (CSIR ICC) - the leading conference and events venue in Pretoria/Tshwane.

VISIT SHOWROOM 
M and J Mining
M and J Mining

M and J Mining are leading suppliers of physical support systems as used by the underground mining industry. Our selection of products are not...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.024 0.045s - 116pq - 2rq
Subscribe Now