Base Metals
Posted By OrePulse
Published: 26 Aug, 2025 14:14
Premier African Minerals Raises £1.38Mn for Zimbabwean Lithium Project
UK mining firm Premier African Minerals has secured £1.38 million through a share placement to advance the Zulu Lithium and Tantalum Project in Zimbabwe.
The capital will be directed toward optimizing the Primary Flotation Plant, rolling out a proposed spodumene float plant and covering operating expenses and debt settlements. The company will also expand its working capital with the funds raised.
“We are very pleased to have completed this capital raise at a price representing a significant premium to our last funding round, and see this as clear recognition of the progress we are making,” stated George Roach, CEO, Premier African Minerals.
Related Articles
Sanu Gold Announces $5 Million Private Placement L...
06 Sep, 2024 13:08
Ivanhoe Mines produces 40,347 tonnes of copper at ...
09 Sep, 2024 09:21
Andrada partners with SQM to develop Namibia lithi...
10 Sep, 2024 08:56
US, Saudi Arabia in talks to secure metals in Afri...
10 Sep, 2024 09:07
DRC: Eurasian Secures $150 Million to Develop a Co...
12 Sep, 2024 06:22
Zambian mines desperate for power turn to a surpri...
13 Sep, 2024 11:18
Africa at the cusp of a critical minerals boom...
17 Sep, 2024 07:40
Coolabah to unite Broken Hill assets, paving path ...
17 Sep, 2024 08:40
Marula Mining completes first manganese exports sa...
18 Sep, 2024 09:05
Zambia mines lobby calls on government to halt ref...
18 Sep, 2024 11:04Trending News
Others
How renewable energy is reshaping Namibia’s mining workforce and power supply...
17 Oct, 2025 13:54
35 min read
Storage
Global demand for vanadium redox flow batteries could power SA's industrial growth...
17 Oct, 2025 13:44
39 min read
Others
Experts urge strong policy frameworks to power Africa’s creative economy...
17 Oct, 2025 13:39
43 min read