Aankondiging • Jun 12
Premier African Minerals Limited has completed a Follow-on Equity Offering in the amount of £0.8 million. Premier African Minerals Limited has completed a Follow-on Equity Offering in the amount of £0.8 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 4,000,000,000
Price\Range: £0.0002
Transaction Features: Subsequent Direct Listing Aankondiging • Jun 10
Premier African Minerals Limited Reports Progress of Operations At Zulu Lithium and Tantalum Project Premier African Minerals Limited reported on the progress of operations at Premier's Zulu Lithium and Tantalum Project. Preliminary internal laboratory analysis undertaken by Zulu's operational team confirms the presence of spodumene within the concentrate produced to date. These results are preliminary in nature, have been generated by the Company's internal laboratory and should not be regarded as independently verified. Whilst concentrate grades achieved to date remain below target levels, the Company has observed a progressive improvement in concentrate quality as commissioning and initial optimisation activities continue. It is normal during the early stages of flotation plant commissioning for concentrate grades to be below target specification as operating parameters are refined and the circuit stabilises. Commissioning and optimisation work remain ongoing and while it would therefore be premature to comment on expected recovery rates, final concentrate grade, throughput rates or overall plant performance, the Board is very encouraged by the initial plant performance. The operating team continues to focus on refining reagent additions, flotation parameters and plant stability with the objective of maximising both concentrate grade and recovery. Further updates will be provided in due course as additional operating data becomes available. The production of first spodumene concentrate marks an important milestone in the commissioning of the new flotation plant and provides initial confirmation that the flotation circuit is operating and producing a spodumene-bearing concentrate stream. Based on the operating data accumulated to date, the plant appears to be exhibiting improved operational stability relative to previous operations. This is believed to be attributable to the simplification of the process flowsheet and the modifications implemented across the process plant, although further operating time will be required to fully assess long-term performance. The production of spodumene concentrate from the modified plant and new spodumene flotation plant represents a significant step forward in the development of Zulu. Aankondiging • May 26
Premier African Minerals Limited Provides Interim Update on Zulu Lithium and Tantalum Project Commissioning Activities Premier African Minerals Limited has provided a further interim update on the ongoing progress at the Zulu Lithium and Tantalum Project. Following the successful completion of several tests during cold, (wet), commissioning the hot commissioning of the plant has started on ore. Hot commissioning from the crushing plant to the mill and to the mica flotation plant has now been successfully completed. What remains is the hot commissioning of the new spodumene flotation plant and the production of saleable concentrate. The Zulu team are currently working on final planning with the Xinhai Technology commissioning and optimisation engineers in order to achieve this. Progress to date continues to support the Company's previously provided guidance that completion of the current commissioning programme remains on track for the Second Quarter 2026 completion timeline. The Company is pleased to confirm that the mining contractor is ready to mobilise additional mining equipment in order to meet the anticipated ore feed demand requirements associated with planned plant operations. Installation and testing of the final major mechanical equipment associated with the new spodumene flotation plant, being the plant air blower system, has been completed successfully. The Company has also continued wet commissioning activities across both the new and existing flotation plant, with water circulated continuously through the process circuits during extended operational testing in order to confirm plant flow rates and identify and rectify any potential problems. The plant Supervisory Control and Data Acquisition control system has also now been successfully re-commissioned and integrated with the modified flotation plant configuration. The Company has additionally continued progressing commissioning activities associated with ore handling and processing systems. Hot commissioning of the plant, on ore, has now progressed to include the milling circuit and the mica flotation section. Planning for hot commissioning of the new spodumene flotation section is well advanced and the Xinhai Technology commissioning and optimisation engineers are now on site as part of this final phase of getting Zulu into production. Aankondiging • Apr 18
Premier African Minerals Limited Provides Operational Update on Zulu Lithium and Tantalum Project Premier African Minerals Limited provided a further interim update on the ongoing progress at the Zulu Lithium and Tantalum Project. Progress on the installation and integration of the new Xinhai Flotation Plant continues to be very encouraging. Over the past several weeks, work has primarily focused on labour-intensive, site-based fabrication activities, including the construction of overflow launders, walkways and the interconnecting pipework between flotation cells, as well as the installation of large-diameter air supply piping. Due to the design of the new Xinhai Flotation Plant, these components are required to be fabricated on site, and this work has been carried out by the Zulu Lithium engineering team under the supervision and guidance of the specialist installation engineer from Xinhai Technology Processing. The tailings tank has now been installed, marking a further key step in the overall plant infrastructure. In parallel, the electrical switchgear is nearing completion and is scheduled for factory testing at the manufacturer's facilities later this week. Subject to successful testing, delivery to site will follow, with installation and completion of the electrical works expected over the coming weeks. As part of the ongoing optimisation efforts, fabrication of new conveyor chutes is progressing in order to bypass the previously installed sorting equipment. Following operational review, these sorters were determined to be redundant and contributed unnecessary additional operating costs, including power consumption, manpower and maintenance. Their removal forms part of a broader strategy to simplify plant operations, improve reliability and enhance overall operability. Further modifications are also being undertaken to sections of pipework to bypass the thickener, as well as certain sumps and pumps that have historically presented operational challenges. The mining contractor has returned to site and has commenced dewatering activities within the pits in order to facilitate the recommencement of a very selective mining programme. The Company continues to make progress in building its processing operations team, while detailed commissioning planning is ongoing. Preparations are being made for the arrival of the Xinhai Flotation Plant commissioning engineer, who will support the final stages of plant commissioning and optimisation. The water supply dam remains at full capacity following favourable seasonal rainfall, providing a stable and reliable water source for upcoming commissioning and sustained operational activities. Aankondiging • Mar 27
Premier African Minerals Limited Provides Interim Update on Ongoing Progress at Zulu Lithium and Tantalum Project Premier African Minerals Limited provided an interim update on the ongoing progress at the Zulu Lithium and Tantalum Project. New flotation cells fully installed, aligned, levelled and connected under supervision of the manufacturer's installation engineer. Product and tailings pumps installed on plinths. Installation of launders underway with structural steelwork for walkways progressing well. Piping crew mobilised with plant integration pipework now commencing. Commissioning planning progressing with process engineering team mobilisation initiated. Approximately 5,000 tonnes of ore available on ROM stockpile for early commissioning. Commissioning and optimisation remain on track for Second Quarter 2026. Installation of the new flotation cells has been completed, with all units now aligned, levelled and connected. This critical phase was undertaken under the supervision of the manufacturer's installation engineer and is essential to ensure effective gravity-driven material flow through the flotation circuit. Following the delivery of materials for the fabrication of structural steel walkways and flotation launders, on-site fabrication by the Zulu Lithium team has progressed well. Installation of the launders is now underway, alongside the erection of supporting steel structures for safe plant access. The new pumps for both product and tailings streams have been successfully installed on their respective plinths. In parallel, the piping team has mobilised to site and commenced installation of the pipework required to integrate the new flotation plant with existing infrastructure. The motor control switchgear is currently being assembled off-site and will undergo factory acceptance testing prior to delivery. Delivery to site remains on schedule and is expected within the next two weeks. Operational readiness activities are advancing, including the development of a detailed commissioning plan and the mobilisation of the process engineering team. Discussions are also ongoing with a mining contractor to support appropriate mobilisation planning and ensure continuity of ore supply. The Company currently holds approximately 5,000 tonnes of ore on the ROM stockpile, which will be utilised during the initial commissioning phase, with additional ore to be supplied thereafter. Commissioning and optimisation during Second Quarter 2026 remain the target, with the aim of achieving steady-state production of on-spec spodumene concentrate. Aankondiging • Mar 26
Premier African Minerals Limited has filed a Follow-on Equity Offering in the amount of £0.75 million. Premier African Minerals Limited has filed a Follow-on Equity Offering in the amount of £0.75 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 5,952,380,952
Price\Range: £0.000126
Transaction Features: Subsequent Direct Listing Aankondiging • Mar 06
Premier African Minerals Limited Announces Arrival of New Spodumene Flotation Plant for Zulu Lithium and Tantalum Project Premier African Minerals Limited confirmed that the new spodumene flotation plant for the Zulu Lithium and Tantalum Project has now arrived on site in Zimbabwe. The crane is on site and off-loading and placement of the plant will commence immediately. The installation team are mobilised, and assembly, commissioning and progressing toward the production of saleable spodumene concentrate will follow. The Company will provide further updates as installation progresses. Further to the Company's announcement of 2 March 2026, the plant has been delivered to Zulu. A specialist installation engineer from Xinhai Technology Processing is already on site and preparations for assembly by the Zulu team are well underway. The plant will be installed on the foundations previously constructed and will integrate with the balance of the existing processing infrastructure at Zulu. The Company continues to target commissioning of the new flotation circuit during the Second Quarter 2026, subject to installation progress and optimisation works. Aankondiging • Feb 16
Premier African Minerals Limited, Annual General Meeting, Mar 04, 2026 Premier African Minerals Limited, Annual General Meeting, Mar 04, 2026. Location: the croft, 87 main road, blue hills, 1685, South Africa Aankondiging • Jan 23
Premier African Minerals Limited has completed a Follow-on Equity Offering in the amount of £1 million. Premier African Minerals Limited has completed a Follow-on Equity Offering in the amount of £1 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 3,333,333,333
Price\Range: £0.0003 Aankondiging • Jan 19
Premier African Minerals Limited Enters into Mutual Release and Settlement Agreement with J R Goddard Contracting (Private) Limited Premier African Minerals Limited announced that it has entered into a mutual release and settlement agreement (the "Settlement Agreement") with J R Goddard Contracting (Private) Limited ("JRG"), in relation to the Writ of Execution for Movable Property at the Zulu Lithium and Tantalum Project ("Zulu Lithium") as announced on the 23 December 2025. Under the terms of the Settlement Agreement, Premier and Zulu Lithium have agreed to settle JRG's entire claim in the aggregate amount of USD 2.4 million, together with interest accruing at the applicable judgment rate on a reducing balance. The settlement amount is payable by way of an initial payment of USD 400,000 due on or before 30 January 2026, followed by a series of monthly instalments through to November 2026. The Settlement Agreement provides for the suspension of enforcement action by JRG for so long as Premier and Zulu Lithium remain fully compliant with the agreed payment schedule. The Settlement Agreement constitutes a forbearance arrangement only and does not represent a novation or waiver of JRG's existing rights until the settlement amount has been paid in full. The Board's objective is on identifying technically focused candidates with the capacity to make a real contribution, and with relevant market experience to support the next phase of development at Zulu Lithium. This process is being treated as a priority, and the Board will provide further updates to shareholders in due course. Aankondiging • Jan 05
Premier African Minerals Limited Announces Resignation of Wolfgang Hampel as Independent Non-Executive Director Effective January 5, 2026 Premier African Minerals Limited announces that Mr. Wolfgang Hampel is stepping down from his role as an Independent Non-Executive Director of the Company due to personal reasons, with immediate effect. Mr. Wolfgang Hampel joined the group in 2013 and worked extensively on the Company's West African assets and, more recently, as a non-executive director played a key role in the development of both the RHA Tungsten and Zulu Lithium Projects and the continued advancement of the Company's broader portfolio. Effective date: January 5, 2026. Aankondiging • Nov 27
Premier African Minerals Limited has filed a Follow-on Equity Offering in the amount of £50 million. Premier African Minerals Limited has filed a Follow-on Equity Offering in the amount of £50 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 869,565,217
Price\Range: £0.0575
Transaction Features: Subsequent Direct Listing Aankondiging • Nov 01
Premier African Minerals Limited Provides Zulu Lithium Plant Update Prem African Minerals Limited provided a further update on the plant status at the Zulu Lithium and Tantalum Project ("Zulu") following the comprehensive operational update provided under the explanatory notes to the resolutions being proposed at the General Meeting of Shareholders as announced on 15 October 2025. An engineering audit team have just completed their work on site conducting a comprehensive technical audit, focused on pumping and pipeline performance as well as water and mass balance assessments. The team is expected to complete a high-level interim engineering audit report (" Report") in the next few days and a full report within the coming week or so. This Report will cover the entire plant, including those elements that may be utilised for the secondary plant configuration, and will provide observations and recommendations concerning the current flotation plant. The results of the Report, together with the outcome of current ongoing commercial discussions with the Company's prepayment and offtake partner over their arrangements with Premier, are expected to have a material bearing on the Company's assessment of the current flotation plant having the short term potential, as reported previously, to meet its operational objectives of achieving sustainable commercial production at both the required grade and tonnage. The Company remains confident that, given adequate time and resources, the current flotation plant will achieve its planned design capacity. However, following a recent assessment of available financial resources since the announcement of the General Meeting and a comprehensive analysis, the Company has now determined that it is in the Company's best interests to immediately acquire, install and commission the 15-20 TPH flotation cell plant manufactured by Xinhai Technology Processing EPC, currently located in Harare, Zimbabwe (the "Second Flotation Plant"). The metallurgical recovery process employed by the Secondary Flotation Plant is technically straightforward and has been successfully applied to ore of a similar composition to that of Zulu at other operations within Zimbabwe. The current flotation plant would be supplemented by the Secondary Flotation Plant and provide the opportunity to increase future operational performance by increasing the original design capacity of the entire Zulu plant. The planned timing for the Secondary Flotation Plant availability will be finalised in due course. Aankondiging • Sep 04
Premier African Minerals Limited Announces Board Changes Premier African Minerals Limited announced the appointment of Mr. Graham Hill as an executive director of the Company with effect from 3 September 2025 following his engagement as Premier Managing Director as announced on the 27 June 2025. The Company further announced that Mr. George Roach has now resigned as a director of the Company in accordance with the mutually agreed termination of his consultancy agreement as both the Chief Executive Officer and a director of the Company as announced on 20 May 2025. Mr. Hill is a qualified mechanical engineer with over 41 years of experience in mine development and management in Africa, southern Europe, Russia, and Central Asia. He has extensive prior experience at Senior Executive and Board levels. Mr. Hill was most recently Chief Operating Officer of ASX and Main Listed Adriatic Metals PLC, where he oversaw the pre-feasibility, feasibility, and development of the Vares Project in Bosnia and Herzegovina. Previously, Mr. Hill delivered the Silver Bear silver mine in eastern Siberia. Mr. Hill commenced his career with Anglo American Corporation, and was selected into its Management Development Programme, eventually leading the design and construction of three operations in South Africa and Mali. Between 2002-11, Mr. Hill oversaw the development of several mines for Oxus Gold plc in Central Asia, before working as Chief Operating Officer at Axmin, where he delivered the EIA, infrastructure development, and mine plan optimisation at the Passendro Gold Project in the Central African Republic. GrahamDavid Hill, aged 67, Current directorships and/or partnerships: Shamrock Consulting Limited. Aankondiging • Aug 04
Premier African Minerals Limited Provides Zulu Lithium Plant Update Premier African Minerals Limited provided an update on the plant status at the Zulu Lithium and Tantalum Project ("Zulu") following the announcement on 25 July 2025. The second phase of the plant test run is now expected to commence on 4 August 2025, with all necessary OEM's present. Operating parameters will be finalised and agreed with the Zulu team and OEM suppliers, to meet the required spodumene concentrate specifications. By operating within these parameters and optimizing the remaining areas in the plant with guidance from the relevant OEM's, the plant should reach a sustained steady-state of operation. This would also enable Zulu to target the overall plant availability of 22 days per month as was originally projected as the required availability to meet target production levels. Aankondiging • Jul 18
Premier African Minerals Limited Announces Restart of Zulu Lithium Plant Following Initial Flotation Plant Test Run Premier African Minerals Limited announced an update regarding the Zulu Lithium and Tantalum Project. The company provided details on the completion of the initial flotation plant test run, which commenced on 6 July 2025, following the installation of the spodumene float section inserts. The plant was restarted on the same date, and it was necessary to achieve a stable and constant running state before a comprehensive assessment could be made. The process took longer than anticipated due to the long-standing time prior to the restart. However, stability was finally achieved towards the end of the initial test run. The newly installed inserts have demonstrated their effectiveness by reducing the retention time of concentrates in the cleaner section of the original float plant, as originally contemplated by the OEM. During this test run, there were encouraging signs, including an observed improvement in concentrate grade, with results exceeding the target grade of 5% in the final cleaner cell before being pumped to the filter press. However, this improvement in concentrate grade has not yet been matched by a meaningful improvement in recoveries, as excess LiO2 is present in the tailings, which are then recirculated to the flotation circuit. Aankondiging • Jul 07
Premier African Minerals Limited Provides Zulu Lithium Plant Update Prem Premier African Minerals Limited provided this update on the plant status and flotation plant test run at Zulu Lithium and Tantalum following the installation of spodumene float section inserts. As previously announced, the purpose of the installation and commissioning of the inserts is to reduce the retention time of concentrates in the cleaner section of the original float plant and in so doing, improve grade and recovery. Highlights: Installation of spodumene float Section inserts complete. Plant restarted on 6 July 2025. 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 once sealants have hardened. All being well, ore from the ROM pad will be fed from and commissioning and optimisation of the Primary Spodumene Floatation Plant will follow. Preliminary results and progress updates at Zulu will follow once they become available and have been properly validated. Aankondiging • May 20
Premier African Minerals Limited, Annual General Meeting, Jun 05, 2025 Premier African Minerals Limited, Annual General Meeting, Jun 05, 2025. Location: the croft, 87 main road, blue hills, 1685, South Africa Aankondiging • Mar 07
Premier African Minerals Limited has completed a Follow-on Equity Offering in the amount of £0.6 million. Premier African Minerals Limited has completed a Follow-on Equity Offering in the amount of £0.6 million.
Security Name: Ordinary share
Security Type: Common Stock
Securities Offered: 4,800,000,000
Price\Range: £0.000125 Aankondiging • Jan 17
Premier African Minerals Limited has filed a Follow-on Equity Offering in the amount of £2.272325 million. Premier African Minerals Limited has filed a Follow-on Equity Offering in the amount of £2.272325 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 8,263,000,000
Price\Range: £0.000275 Aankondiging • Nov 07
Premier African Minerals Limited Provides Further Update on Operations at Zulu Lithium and Tantalum Project Premier African Minerals Limited provided a further update on the operations at the Zulu Lithium and Tantalum Project. Whilst the operations at Zulu remain on hold at this time, it is important to note the following: Further interpretation of test work results suggests that with minor reagent adjustment the plant should deliver spodumene at grade and at acceptable recoveries as currently configured. Fabricated inserts when available will be expected to improve on spodumene grade and recovery. Due Diligence by potential alternate investors is progressing. A return to production is immediately possible subject only to finance. Following the announcement 17 October 2024, the Company reported that on-going interpretation of results from current float test work supports the ability to achieve a reduction in retention time in the spodumene cleaner cells through a minor variation in the reagents in use. The proposed variation will result in a lower viscosity in the froth layer and a quicker flow rate from the cleaner cells. As previously described, the only aspect of the Zulu plant that is not fully commissioned is the spodumene recovery circuit and in conjunction with the previously described plant fixes, this reagent change now represents a potential third option and, in this case, will have no capital cost requirement. Central to plant operations is finance. The Company continues to pursue various key options regarding the Zulu project as announced on 30 September 2024 in the interim results and summarised below: The possible sale of Zulu in its entirety, Secure an investment partner into Zulu via a partial sale. Enter into a Joint Venture; or The installation of the additional spodumene float plant based on self-funding and retention of ownership. Aankondiging • Oct 17
Premier African Minerals Limited Provides Zulu Lithium Plant Update The Board of Premier African Minerals Limited provided this update on the plant status and next steps to recommence production at Zulu Lithium and Tantalum ("Zulu"). Status of operations at Zulu: Test work reports now submitted by Enprotec, and further supported by independent work undertaken by the supplier of the reagents used to float Spodumene from Zulu ore, indicate that inconsistent grade and recovery in the Spodumene flotation plant are primarily due to inadequate reagent dosing in the flotation circuit and excessive residence time in the Spodumene cleaning circuit. Adjustments to the reagent dosing should enhance selectivity in the flotation process, while reducing the residence time in the cleaning circuits should minimize the flotation of gangue minerals. The proposed adjustments will consist of fabricated inserts within the cleaning stages that will reduce the volume of each cleaner respectively. These adjustments will align the residence times more closely with the test work which produced the best results for Spodumene grade and recovery. Designs for the inserts is complete and fabrication will commence as soon as possible. The direct cost for the inserts is less than USD 50,000 and the time to fabricate is estimated at roughly 6 weeks. As previously advised, the Company has a further fall-back position in the recommendations made following the engagement of Chinese Engineering, Procurement and Construction Management ("EPCM Contractor") as an alternative remedial strategy to the floatation plant. The strategy recommended by EPCM Contractor involves the supply of a complete spodumene flotation plant based on similar technology to that in extensive use elsewhere. The Company considers that the option discussed above related to inserts to the existing float cells is of sufficiently low cost and short time to support this option immediately. The EPCM Contractor option remains and may still be considered as part of the near-term plans to increase production at Zulu. At the same time, it should be noted that the Company has engaged other reagent suppliers to continuously review and if indicated recommend alternative reagent regimes. The Company previously reported on several options for the future of Zulu, all of which remain under consideration, and due diligence is being undertaken by potentially interested parties. As the Company cannot rely on any single outcome this strongly supports the decision to proceed with Enprotec's advice on the plant, irrespective of the outcome of these strategic initiatives. Shareholders should note that the effectiveness of the measures referred to above will only be known as and when the Zulu plant is fully commissioned and brought into commercial production, the timing of which continues to be uncertain. Aankondiging • Oct 16
Premier African Minerals Limited Reports an Important Upgrade to the SAMREC Compliant Mineral Resource Estimate on its Wholly Owned Zulu Lithium and Tantalum Project Premier African Minerals Limited reported an important upgrade to the SAMREC compliant Mineral Resource Estimate on its wholly owned Zulu Lithium and Tantalum Project ("Zulu"). The updated MRE is also JORC compliant. Mineral Resource Estimate: The MRE is based on assay results from 236 surface drill holes totaling 46,355 metres (m), 856 grade control holes totaling 5,640 m and 123 surface trenches totaling 4,055 m between September 2016 and December 2023. This MRE was carried out by an independent qualified person, Mr. Charles Muller of Shango Solutions (Shango). All available data was verified prior to the development of the 3-dimensional geological model which was completed utilising Datamine Studio RM. The geological model has been developed from extensive drilling, which was undertaken on a nominal 50 m x 50 m drill spacing, as well similarly spaced surface trenches. Variography indicates that 50 m spacing of the borehole pierce points is sufficient for an Indicated Mineral Resource classification. The MRE is prepared in accordance with JORC and SAMREC and in compliance with Appendix 3 of the AIM Note for Mining and Oil & Gas Companies. In this regard, specific attention is drawn to the fact that Zulu is expected to produce spodumene concentrate and certain by products. Not all Li2O identified in assay results is contained in spodumene, with ongoing test work indicating that spodumene accounts for more than 80% of the Li2O grade. Accordingly, the overall tonnage of the Mineral Resource is reduced to reflect only the contained Li2O that is associated with spodumene. Premier is the Operator and 100% owner of Zulu such that the gross and net attributable MRE attributable to Premier is the same. Geological Setting: The area of interest is located within the Fort Rixon Greenstone Belt where the schist belt is north-south trending and tear drop shaped, measuring 30 km long in and 19 km wide near the broad section near the northern end of the belt. The central area of the claims are underlain by Archaean-age schists of the Bulawayan Supergroup, with serpentinites and banded iron formations at the base of the Upper Bulawayan Group in the east, and metamorphosed mafic volcanics (amphibolites and schists) and meta-sediments of the Lower Bulawayan Group to the west. The principal pegmatites at Zulu (the Main and South pegmatites) are developed along the contact of the Upper and Lower Bulawayan groups. Additional pegmatites are developed in the footwall sediments. The metamorphic grade is retrograde Greenschist facies. In the east of the claims blocks, epidosites, calc-silicate rocks and gneissic granites prevail. The northern most part of the EPO is underlain by a post-Bulawayan Supergroup aged massive granite. The Zulu pegmatites are typical Lithium-Caesium-Tantalum (LCT) pegmatites. Outcrop widths for the exposed pegmatites can vary between 1 m to 50 m. The strikes of the individual pegmatites may vary widely but the South, Main and NE pegmatites and their subsidiary footwall pegmatites trend approximately NNE for a distance of 1 600 m. In addition to the South and Main pegmatites the petalite-rich River Pegmatites trend in an approximate SW-NE direction for a distance of 180 m, while the spodumene-rich SE Pegmatites strike in a NW-SE direction over a proved distance of 220 m. Although dips can vary locally with each pegmatite, the dip of the South and Main pegmatites is generally subvertical towards the west, while the River Pegmatites are dipping subvertical to the NW and the SE Pegmatites subvertical to the SW. The South and Main pegmatites have exploited the serpentinite-amphibolites contact with the subsidiary footwall pegmatites mainly hosted in amphibolite and sedimentary rocks. Additional narrow mineralised pegmatites that are not included within the MRE due to the lack of sampling information are hosted within granites to the east and south of the mine. The drilled widths of individual pegmatites can vary from less than a metre to greater than 20 m in thickness down hole. Occasionally along the contacts between the pegmatites and the host amphibolites, the amphibolites have undergone intense sodium metasomatism resulting in the formation of a lithium bearing amphibole called holmquistite. Lithium Mineralisation at Zulu: To date, three principal lithium bearing minerals, spodumene, petalite and lepidolite have been identified in the Zulu pegmatites. Locally the host rocks of the pegmatites contain noteworthy amounts of holmquistite, a lithium bearing amphibole. Tantalum Mineralisation at Zulu: Many of the lithium bearing pegmatites at Zulu are weakly mineralised with tantalum with the best mineralised pegmatite being the South Pegmatite (South Pit) having an overall Indicated Mineral Resource grade of 86 ppm Ta2O5. The only tantalum bearing mineral observed to date is tantalite. The highest tantalum grade to date is 3,203 ppm Ta2O5 from a surface trench. Exploration History: The pegmatite was first pegged in 1955 by J.S. Willemse. Subsequently the Rhodesian Selection Trust Co. Ltd. ("RST") took an option on the claims and carried out an extensive drilling and excavation programme. Although much development work was carried out, the RST declined to exercise their option on the claims. In 1961 and 1962 a small quantity of petalite was mined by W. Burchett in partnership with J.S. Willemse. In 2010, after decades of no activity, consulting geologist Richard B. Dollar registered the claims in his name and subsequently carried out diamond drilling and trenching programmes which were financed by Premier. In 2013 the Company exercised an option to acquire the claims. Drilling Techniques and Hole Spacing: All the boreholes available for the Mineral Resource estimation were diamond drill boreholes. In 2011, six diamond drill holes totaling 2,312 m were drilled by Ox Drilling from Zambia. Core diameters ranged from PQ (85 mm) PQ3 (83 mm) and HQ (63.5 mm). The aim of this drilling campaign was to establish continuity of the pegmatite mineralisation at depth. Four boreholes, totaling 1,153 metres were surveyed in early 2017 by the new drilling contractor as only two of the six drill holes had been surveyed in 2011. Several of the holes had partly collapsed at depth. Aankondiging • Sep 13
Premier African Minerals Limited Provides Update on the Operations at the Zulu Lithium and Tantalum Project Premier African Minerals Limited provided a further update on the operations at the Zulu Lithium and Tantalum Project ("Zulu"). Zulu Operational Update Pursuant to the RNS on 1 August 2024, Enprotec, the supplier of the flotation plant, has informed the Company that, in their opinion, no additional fundamental changes to the currently installed plant equipment are necessary to achieve the intended recoveries and grade. Enprotec has been conducting a series of laboratory tests to better understand the core processes of the plant, including reagent dosing amounts and points, agitation speeds, flow rates between components, slurry densities, cell residence times, and alternative water sources introduced into the flotation section. These tests are crucial for further optimising the flotation circuit. Enprotec has notified Premier that they anticipate completing all laboratory test work by the end of this week, at which point the lead time for restarting operations will be determined. At the same time, the Company has also been conducting a further financial review of the potential operating costs at Zulu with consideration of the impact of an enlarged float plant in due course to accommodate the surplus capacity on the front end of the plant. Internal Company estimates, which have not been independently verified, indicate that an enlarged float plant could result in a target mine gate production cost for spodumene concentrate of circa USD 500 per ton. Enprotec have reviewed and approved this release to the extent that reference is made to the flotation plant. Enprotec is a Multi-disciplinary Engineering Applications Group that Offers End-to-end Solutions to the Mining & Mineral Processing Industry. Enprotec aim to extract ore optimally and derive tangible value for its clients from their operations while eliminating environmental risks. Enprotec is a global partner in the mineral processing industry, offering a diverse range of solutions and technologies. Enprotec involvement in Zulu was originally under the engagement and direction of Stark. Following Zulu's engineering team taking over as the operator of the Zulu plant, Enprotec have agreed to provide such support as requested by Zulu as may be required in the continuing optimisation, remedy and improvement of the Stark designed flotation plant. Aankondiging • Aug 02
Premier African Minerals Limited Provides Update on Zulu Lithium Plant Premier African Minerals Limited provided a further update on the commissioning progress of the recently installed scrubber unit at the Zulu Lithium and Tantalum Project ("Zulu") as announced on the17 July 2024. Zulu Float Plant: Premier confirms that the suppliers of the float plant have firmly stated that they have full confidence in the ENPROTEC flotation units' capabilities to effectively produce SC6. As previously announced, the plant has already produced a spodumene concentrate at 6.2% Li2O, effectively better than SC6. The suppliers of the float plant have confirmed that they are committed to determine what input changes can and need to be implemented to the plant operation to produce the required grade at the required recovery at target output and will apply these changes first on a laboratory scale to fully understand the effects of each and how to then implement these changes in the plant within the shortest time frame possible. Anticipated changes relate to points at which reagents are dosed, agitation speeds and flow rates between components, slurry densities and cell resident times and Premier does not contemplate any additional plant or equipment at this time. The progress made this year on the most complex part of this plant is actually very good and should not lose sight of the fact that this initial plant at Zulu is likely only the beginning of a long and exciting development for this project. Premier would like to take this opportunity to remind shareholders that Premier's internal estimate (including Zulu) of the all- in-projected cost, which has not been independently verified, on a delivered China port basis, inclusive of all administrative and overhead costs is less than US$750 ton SC6 when plant output reaches 4,000 tons per month. ENPROTEC have reviewed and approved this release to the extent that reference is made to the commissioning of the scrubber unit and expected performance of the scrubber unit. ENPROTEC is a Multi-disciplinary Engineering Applications Group that Offers End-to-end Solutions to the Mining & Mineral Processing Industry. ENPROTEC aim to extract ore optimally and derive tangible value for its clients from their operations while eliminating environmental risks. ENPROTEC is a global partner in the mineral processing industry, offering a diverse range of solutions and technologies. Market Abuse Regulations: The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 as it forms part of UK Domestic Law by virtue of the European Union (Withdrawal) Act 2018 ("UK MAR"). Aankondiging • Jun 18
Premier African Minerals Limited Provides Zulu Project Update Premier African Minerals Limited provided further update in regard to the Zulu Lithium and Tantalum Project (‘Zulu’). Shipment: The lower grade concentrates will now be sold (conditional on independent laboratory analysis underway in South Africa) on an ex-mine gate basis, free on truck from Zulu and payment will be made immediately once the conditions have been met. Zulu will not be expected to deliver production to port, nor will Zulu be required to outlay transport and shipping costs. This will provide a small cash flow benefit. The Zulu Plant: It was only possible to optimise the floatation circuits when Zulu was able to feed the plant at design capacity. This was achieved only after Zulu team was able to resolve the design deficiencies associated with classification of milled material. It is remarkable and a tribute to Zulu team and Enprotec as OEM for the float plant, that the Company was able to identify this conditioning tank as essential and to have this ordered and expected to be installed and commissioned by 10 July 2024. Whilst the Company will review the overall plant in some detail in the Annual Financial Statements due for release on 28 June 2024, it would be remiss not to correct certain misunderstandings by some shareholders in respect of Zulu's plant, pit development and water. Milling Circuit and Hydrosizers With the installation of the new ball mill and after the Zulu team took over and resolved the deficiencies in the comminution circuit, it was clear that only one hydrosizer is actually needed. Production from the mill and single hydrosizer exceeds the 37.5 ton per hour capacity of the float plant. Running the mill and single hydrosizer continuously would actually double floatation feed and this is likely to enable significant capital cost savings if and when plant capacity is required to increase. Ore body, Mining and Ongoing Pit Development Test work for the correct sorter solution has now commenced. In the interim, careful management of the pit and ongoing inspection of ROM ore will suffice. Zulu accepts a small percentage of ore from other claims it has registered within its EPO area from a local miner, and this is complementary to in-pit mining at Zulu as well as offering employment to local communities. Zulu is not dependent on this supply. Pit development is ongoing and as reported previously, in situ grades in the pit exceed the grades declared in Zulu's independent resource estimate in those areas Zulu has taken ore from. Water Supply The ongoing drought in Zimbabwe has been public knowledge for some time, and Zulu has taken steps to carefully assess water usage in the plant. The water balance as per the original plant supplier was significantly understated and, as the Company had also already anticipated that in the first year of production Zulu's storage dam might not reach capacity during the lest wet season, Zulu took the following steps to mitigate any potential water issues: The Company had arranged access in December 2022 from other dams in close proximity to Zulu. The Company increased the return water recovery from Zulu's tailings dam. The Company reconfigured in plant process water reticulation including the installation of the thickener. The Company constructed an additional large capacity reservoir at the plant. Aankondiging • May 29
Premier African Minerals Limited Provides Update on Zulu Lithium and Tantalum Project Premier African Minerals Limited provided further update in regard to Zulu Lithium and Tantalum Project, following on their announcements of May 8, 2024 and May 21, 2024. Zulu has now commissioned the plant and the plant is able to run continuously. Optimising the plant performance is ongoing. Installation of additional conditioning cell on target for early July completion. Whilst the plant is able to run continuously and produce spodumene concentrates at up to 50 tons per day during this commissioning phase, ongoing testing clearly demonstrated that to achieve recovery and acceptable SC6 grade would require a final modification to the spodumene float circuit. Profitable plant operations require concentrate at grade. It was anticipated that the plant could run whilst the additional conditioning tank was being installed but with no further advances in plant performance without this addition being possible, it is logical to stop the float circuit now and in so doing both expedite the changes to be made and preserve cash to the extent possible. The civil construction to support this conditioner is expected to complete by 10 June 2024 and assembly of the new components to commence as soon after 20 June 2024 as possible. Target completion date is now 10 July 2024, and all efforts are targeted at shortening this period. Approximately 350 tons of spodumene concentrate produced over the past weeks has averaged at >4% Li2O and is saleable. Procedurally, each bag must be sampled and tested. A composite sample of all bags must be prepared. Samples must be independently assayed. This is the first shipment of product from Zulu and the process is carefully monitored by both Minerals Marketing Corporation of Zimbabwe and the independent inspectorate. Aankondiging • May 09
Premier African Minerals Limited Provides an Update on Progress At Operations At Zulu Lithium and Tantalum Premier African Minerals Limited provided an update on progress at operations at Zulu Lithium and Tantalum. As previously announced in April, all efforts have been focussed on the Zulu floatation circuit which is now running in continuous state and is producing saleable spodumene concentrate. The process to complete rectification and optimisation of the floatation circuit remains ongoing and Premier expects continuous and significant improvement in both floatation grade and tonnage to follow. There is much to be encouraged by, notably, the use of an activator in the spodumene floatation plant that has seen recoveries in internal laboratory work approaching 90% and the indications that the ore body in situ grade is higher than was estimated in its Resource model. The overall plant is currently running at a feed rate to spodumene floatation that is approximately 50% of original floatation design capacity and will need a further conditioning tank and minor pump upgrades to operate at the full design capacity. This is over and above the recently completed flow changes. The required pumps are already at site and the additional civils for the conditioning tank should complete in May 2024. The Zulu Plant For the reasons previously reported, Premier replaced the original plant contractor in March 2024. Whilst the floatation circuit is now running in a constant and stable state, it will take time to fully remedy the original design deficiencies in the overall plant and move from what in many instances are interim fixes to the final operating plant. Some of these issues are set out below: Ore Sorters Neither the XRT or the Ultraviolet sorters are adequately performing the functions for which they were sold and delivered to the Company. It is only the diligent and very careful efforts of a team from the Zulu Geology Department that both carefully oversees mining and ROM pad inspections to avoid waste reporting to the plant and thus allows the plant to operate contaminant free. This interim solution is working well and is adequate for now, but does not represent a long-term solution. The equipment supplier has been called upon to deal with this. Premier will seek to enforce its rights and is investigating alternatives. Milling and sizing The original mill and screen system was inadequate and unable to provide ore adequately milled and screened. This set back Zulu by a year. The new ball mill and sizing equipment has resulted in an interim stable operation but only after a complete redesign of the mill discharge and hydrosizer circuit to operate at a consistent optimised feed rate. Additional upgrades will be installed in this circuit in the near future to bring this to industry standard. Magnetic separation and Tantalum recovery The plant was supplied with a magnetic separator and a circuit intended to remove both a paramagnetic and a magnetic fraction for bagging. The magnetic separator supplied is low intensity (LIMS) and cannot remove a paramagnetic fraction that would include tantalum. The magnetic separator circuit is further unable to efficiently remove iron generated from the milling process to an acceptable degree and will need to be upgraded in the near future. Floatation Circuit: The components of the floatation circuit were originally specified by the original plant contractor on the basis that they would be integrated, installed and commissioned by them. That ENPROTEC has committed to rectify design constraints and commission this part of the plant is a major factor in the successful operational status now achieved. Ore body and plant grades: With development of the open pit, the Company has now been able to validate the actual pegmatite that is being mined. In-pit evaluation is undertaken through the sampling of the pegmatite from blast hole drilling and channel samples cut across the bench. This allows for better reconciliation to the 5m x 5m x 5m Assay Block Model grades. On the bench level currently being developed and mined, the Indicated Resource grade from the assay block model was 1.01% Li2O while the average grade of the ore hauled to the ROM pad is currently 1.13% Li2O, an approximate 10% increase. At the same time, with material blended from selective mining in the EPO area, Li2O grades recorded in the ore feed to the floatation circuit are in the range of 1,1% Li2O to 1,8% Li2O, and the dry solids being fed to the spodumene float plant contain between 12% and 25% spodumene. Spodumene Concentrate: The term SC6 is used as a price determination point, being the price paid for spodumene concentrate in which the Li2O grade is 6%. Approximately 74% of the concentrate would then be made up of spodumene. Spodumene concentrate in any grade more than 4% Li2O is saleable with an adjustment to the price paid relative to the actual amount of spodumene contained in that bag. It should be noted that prices are quoted for spodumene concentrates at lower grades and these prices are in the public domain. It is worth noting that the market for lepidolite is improving and Premier believes that it is likely that its Mica/lepidolite will sell in the near future. Financial model: The Company will engage an independent consultancy to assess overall cost implications related to the present mining operation. Previously, the Company has indicated a mine gate production cost at $800 per ton. This may benefit from reduced mining costs linked to ore sourced from within the EPO. Aankondiging • Apr 26
Premier African Minerals Limited Announces First Interim Dividend for the Quarter Ended 31 March 2024, to Be Paid on 28 June 2024 Premier African Minerals Limited announced the first interim dividend for the quarter ended 31 March 2024 of 2.00 pence per Ordinary Share, an increase of 8.1% from the last interim dividend of 1.85 pence per Ordinary Share. This first interim dividend will be paid on 28 June 2024 to members on the register at the close of business on 31 May 2024. The Ordinary Shares will be marked ex-dividend on 30 May 2024. Aankondiging • Mar 21
Premier African Minerals Limited, Annual General Meeting, Apr 08, 2024 Premier African Minerals Limited, Annual General Meeting, Apr 08, 2024, at 12:00 Coordinated Universal Time. Location: Croft, 87 Main Road, Blue Hills 1685, Midrand South Africa Agenda: To reappoint Dr. Luo Wei, who is retiring by rotation, as a director; To approve for the period commencing twenty four (24) months following the date of this AGM (Period), the disapplication of the pre-emption provisions set out in Regulation 1.5 of the Company's articles of association in relation to the issue of, or the grant of any right to subscribe for or convert any security into, up to a further four and half billion (4,500,000,000) ordinary shares, and to authorize the Directors of the Company to issue, or grant any right to subscribe for or convert any security into, shares in accordance with the provisions of this resolution, but so that the Company may make offers and enter into, agreements during the Period which would, or might, require shares to be allotted or rights to subscribe for, or convert other securities into shares to be granted after the Period ends; and to discuss other matters. Aankondiging • Mar 01
Premier African Minerals Limited Provides Zulu Lithium Plant Update Premier African Minerals Limited provide an update on plant operations at Zulu Lithium and Tantalum. The plant is now running, and concentrates are being produced from both Mica and Spodumene flotation sections. Analysis of the concentrates is underway. Several issues need attention by the plant contractors that are affecting both quantity and quality of production. Most important is that instrumentation related to pH measurement does not cover all plant components that need to be monitored and the reagent dosing system is unable to adjust pH to design specifications. The plant contractor will need to remedy this forthwith. Premier is however encouraged that initial spot analysis by Zulu's internal laboratory on the material transferred to the spodumene flotation plant has indicated a concentrate of 6.1% Li2O is potentially achievable from current ROM ore. Aankondiging • Feb 09
Premier African Minerals Limited Reports New Mineral Resource Estimate on Zulu Lithium and Tantalum Project Prem Premier African Minerals Limited reported a new SAMREC compliant Mineral Resource Estimate on its wholly owned Zulu Lithium and Tantalum Project ("Zulu"). The previous Mineral Resource Estimate issued on 6 June 2017 is simultaneously withdrawn. Highlights: This MRE is concerned with those areas of the Zulu tenements that are expected to be mined and processed through the present plant only and excludes the greater EPO area. This MRE estimates Li2O that is contained in spodumene, specifically Li2O that is attributable to spodumene at 107,366 tonnes and the direct conversion of the contained Li2O to spodumene concentrate 6 (SC6) is 1,789,433 tonnes. This MRE estimates that the ore body contains 1,045,908 kg of Ta2O5. On-going Mineral Resource development drilling, with the aim of identifying extensions to the current MRE and thereto having the potential to add additional Mineral Resources, is ongoing. Test work also indicated that all of the spodumene will be recovered and therefore a zero cut-off Li2O grade has been applied for the Mineral Resource statement. A zero cut off is considered applicable to this project as the Mineral Resource reflects the recovery of mineral (spodumene), as opposed to a metal. A further 5% geological loss has been applied for the Indicated category and 10% for the Inferred category. Mineral Resource Classification: Extensive close-spaced drilling allows that 60% of this MRE falls within the Indicated category. A combination of results from mining activities and further in-fill drilling is likely to see an increase in the Indicated category. Similarly, it is anticipated that the Mineral Resource classification will likely change to a Reserve classification with ongoing mining activity and grade control sampling, providing real time confirmation of the validity of the modifying factors that may be applied to the Mineral Reserve. Mining and Metallurgy: The Company has developed Zulu as an open pit mine. Plant and process design was based on metallurgical test work conducted by German based Dorfner-Anzaplan in 2016 and 2022 and is supported by extensive additional test work undertaken by Geolabs in South Africa and the laboratory established at Zulu in 2023. Aankondiging • Jan 24
Premier African Minerals Limited Provides Update on Further Assay Results and Current Progress on Zulu Lithium and Tantalum The Board of Premier African Minerals Limited provided an update on further assay results and current progress on Zulu Lithium and Tantalum ("Zulu"). The drill holes are initially sited using a hand-held GPS (Global Positioning System device) within the tenement areas. Accurate coordinates and elevations of drill holes collars are subsequently derived from a DGPS (Differential Global Position devices) survey upon completion of the drill hole. Drill cores are geologically logged, intersections of interest are selected are marked-up with unique sample ID assigned before splitting and sampling. Cores are cut in half using a core cutter, individual samples bagged, and sent for analysis. Alternating Certified Refence Materials (CRM), blank or duplicate samples are inserted every 10th sample into the sample stream sent to the laboratory to ensure QA/QC compliance. These QA/QC samples are assessed upon receipt of analyses, checked and, if acceptable, accepted into the analytical database. Follow-up with the laboratory is instigated in cases were any QA/QC sample fails the QA/QC parameters. Currently, drill core samples are crushed and pulverised at the Antec Laboratory, Zimbabwe to 85% passing -75 microns. Sample pulps are couriered to the SGS Laboratory Services in Randfontein, South Africa where pulps are fused with sodium peroxide and analysed by ICP-OES and ICP-MS to report 51-elements. (SGS code ICP90A50 & IMS90A50). Aankondiging • Jan 09
Premier African Minerals Limited Reports Assay Results At Zulu Lithium and Tantalum Project Premier African Minerals Limited reported an update including assay results at Premier's Zulu Lithium and Tantalum Project ("Zulu"). These results include both surface trenches and drill holes located within the area of the mineral claims block but outside of the existing mining operations and pit development. By way of general update, civils associated with the thickener and new mill installation are substantially complete and first materials are now at site with further loads on route. The new mill is expected to be the last component to be positioned at Zulu late in January 2024 with anticipated restart of operations as early in February as possible and the Board believes as previously reported that the Company is still on track to target revenue generating production by late-February 2024. Mining operations are now well developed, and The company anticipates no issues associated with ore delivery to Run of Mine pad in future. Whilst mining operations are a major cash cost at present, the future benefit when operations are underway at much reduced stripping ratios will more than offset this cost in the future. Aankondiging • Dec 12
Premier African Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 2.4 million. Premier African Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 2.4 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 1,043,478,261
Price\Range: AUD 0.0023
Transaction Features: Subsequent Direct Listing Aankondiging • Nov 22
Premier African Minerals Limited Provides Update on Operations At Premier's Zulu Lithium and Tantalum Project Premier African Minerals Limited provides this update on operations at Premier's Zulu Lithium and Tantalum Project ("Zulu"). Further to the announcement on 14 November 2023, Premier confirms that current plant operations have been partially suspended to allow for civil construction to commence in preparation for the installation of the 55 tons per hour ball mill and other associated structures. Those aspects of the plant that will continue to run include the X-Ray Transmission ("XRT") and Ultraviolet ("UV") sorters (collectively the "Ore Sorters") that have not been fully commissioned and optimised at this time. At the same time, the plant will be prepared to recommence production at the original design capacity and compromises needed for the lower tonnages fed to date will be removed. All instrumentation will be inspected and repaired as needed during this temporary shutdown period of the plant. Mining operations will continue, intended to enlarge the pit envelope and allow for better selective mining and the avoidance of waste rock contaminating the ore feed to the plant. Tests will be conducted, and a decision will be taken regarding possible reprocessing of concentrates produced that carry excessive contamination from country rock and gangue material that should have been eliminated to a far greater extent than has occurred. Premier continues to see grades of spodumene produced in its onsite laboratory from Run of Mine ("ROM") ore when the contaminants not associated with pegmatite material are removedthat meet the Offtake and Prepayment Partner requirements. Optimisation of the Ore Sorters and the pit development both noted above, should largely eliminate this problem when plant operations are recommissioned. Premier continues to update its Offtake and Prepayment Partner and sincerely appreciates the support it continues to receive. Aankondiging • Nov 10
Premier Miton Global Renewables Trust plc Declares Third Interim Dividend for the Quarter Ended 30 September 2023, Payable on 29 December 2023 Premier Miton Global Renewables Trust PLC announced the third interim dividend for the quarter ended 30 September 2023 of 1.85 pence per Ordinary Share. This third interim dividend will be paid on 29 December 2023 to members on the register at the close of business on 1 December 2023. The Ordinary Shares will be marked ex-dividend on 30 November 2023. Aankondiging • Aug 24
Premier African Minerals Limited Provides Update on the Zulu Lithium and Tantalum Project Prem Premier African Minerals Limited provided a further update on the Zulu Lithium and Tantalum Project ("Zulu") with particular reference to installation of the interim milling solution and concentrate grades. The Board of Premier continues to expect that the Zulu plant will produce spodumene to the specification required by the Company's offtake partner. Test work on Zulu was previously completed by Dorfner Anzaplan GmbH ("Dorfner"), a leading authority in the field of lithium and speciality minerals processing and treatment, and the results were notified on 16 June 2017. Dorfner reported that the rougher (spodumene) concentrate was upgraded in one cleaner stage to a concentrate with 6.5 wt.-% Li2O at 81.8wt.-% recovery. Geolabs Global Pty Ltd. ("Geolabs") have undertaken further floatation test work on material from Zulu this Summer. The spodumene rougher concentrate obtained from mica tailings at a grind size of p80 150 pm was subjected to a four-stage cleaner test. As a result, Geolabs have reported that a spodumene concentrate with a chemical grade of 6.56% Li2O, 0.26% K2O, 0.47% Na2O, and 2.31% Fe2O was achieved, along with an overall spodumene recovery of approximately 81%. Geolabs further reported that based on the results, it may be worth testing magnetic separation on the final spodumene concentrate to reduce the Fe2O and meet the desired specifications. The plant at Zulu includes magnetic separation. The planned relocation of the RHA mill to Zulu is an interim mitigation step. To date, the mill has been decommissioned at RHA and transported to the Zulu site and is under installation at present. Completion of civils and final assembly is underway, with installation of other feed and discharge components, pumps, control circuitry and grinding media charge all expected to be complete in the coming month when commissioning is planned to commence.ark have estimated that this interim step should result in sufficient correctly sized material feeding to the floatation circuit to achieve close to 50% of design capacity. On this basis the Company expects that new target production levels should be attainable by November 2023. Aankondiging • Jun 09
Premier African Minerals Limited, Annual General Meeting, Jun 26, 2023 Premier African Minerals Limited, Annual General Meeting, Jun 26, 2023, at 12:00 Coordinated Universal Time. Location: Croft, 87 Main Road, Blue Hills 1685 Midrand, South Africa Midrand South Africa Agenda: To reappoint George G Roach, who is retiring by rotation, as a director. Aankondiging • May 26
Premier African Minerals Limited Provides Zulu Lithium Project Update Premier African Minerals Limited provided a further update on progress at Zulu Lithium and Tantalum Project ("Zulu"). At present concentrate prices and production at these current levels to the end of August, the Company expects Zulu to operate profitably. The modifications include the upgrade of screening, relocation of the mill and addition of cyclones to remove correctly sized material to the floatation plant. Premier understands that the costs associated with this remedial action will be met by the plant supplier, and they will work with them to ensure that the plant achieves nameplate throughput expeditiously. As announced on 29 March 2023, Premier's requirements to supply spodumene to Canmax Technologies Co. Ltd. ("Canmax") are to ship first product by 30 May 2023 (which will not now be met), failing which CanMax may elect to cancel the Marketing and Pre-Payment Agreement and require that the prepayment plus interest is settled within 90 days following notice. The area, located in the Fort Rixon Greenstone Belt, is underlain by Archaean-aged meta-volcanics and meta-sedimentary sequences of the Bulawayan Supergroup, with serpentinites and banded iron formations at the base in the east and metamorphosedvolcano-sedimentarysequences to the west. The greenstone belt is tear drop shaped measuring 30 km long and 19 km wide near the broad section at the top. Metamorphism is retrograded to Greenschist facies. The Zulu Pegmatite is a LCT (Lithium-Caesium-Tantalum) pegmatite swarm which intrudes along the contacts between serpentine and metamorphosedvolcano-sedimentarysequences over a strike length of several kilometres. Outcrop widths vary between 10 and 50m. The pegmatite bodies strike N20° and dip 70° to 90° to the west. The area was first pegged in 1955 by J.S. Willemse and intensely explored, under option, by mapping, trenching, and drilling by Rhodesian Selection Trust Co. Ltd. ("RST") in 1958. In 1961 and 1962 a small quantity of petalite from the River Pegmatites was mined by W. Burchett in partnership with J.S. Willemse. Premier later acquired the claims in 2013. Recent mapping and interpretation of the pegmatite swarm from semi-quantitative X-Ray Diffraction (XRD) has identified three distinct phases of pegmatites. A spodumene-rich, thick pegmatite named the Main Zone which lies north and south of the Machakwe River, footwall low-spodumene pegmatites with associated tantalum and rubidium and a suite of petalite-bearing pegmatites of short strike length, named the River Pegmatites. In general, the lithium minerals, occurring in varying quantities, are coarse grained with associated feldspars and quartz with only very minor sulphides being observed. In several contact zones, the lithium-bearing amphibole, holmquistite, has been observed.