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Premier African Minerals Chat

Premier African Minerals is a multi-commodity mining and exploration company with operations in Zimbabwe, the Democratic Republic of Congo (DRC) and Mozambique. The company listed on the London Stock Exchange’s AIM market in December 2012. Premier African Minerals was founded in 2009 by current Executive Chairman George Roach and Chief Executive Officer Ben Magara.

Premier African Minerals is a diversified natural resources company with a focus on Africa. The Company’s strategy is to build a leading position in the supply of critical raw materials to global markets and to deliver value to shareholders through the development of high-quality projects.

Premier African Minerals Share Price Forecast

It is no secret that the share price of Premier African Minerals (LSE: PREM) has taken a beating over the past year. The stock is down by more than 60% since its 52-week high in August last year, and it doesn’t look like things are going to get any better anytime soon. The company’s financials have been under pressure for some time now, and with the current situation in Zimbabwe, where Premier African Minerals operates, things are unlikely to improve in the near future.

What’s more, with the recent appointment of a new CEO, who has no experience in running a mining company, there is little reason to be optimistic about Premier African Minerals’ future. All things considered, it seems like the share price is likely to continue its downward trend in the coming months.

Premier African Minerals Chat

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Why Has Premier African Minerals Gone Up?

Premier African Minerals is an African-focused mining and exploration company with a portfolio of high-quality, diversified assets. The company’s share price has been on the rise in recent months as it continues to make progress with its operations in Zimbabwe and Mozambique. In Zimbabwe, Premier African Minerals is developing the Zulu Lithium Project, which is one of the largest known undeveloped lithium deposits in Africa.

The project is progressing well and is currently in the feasibility study stage. This positive progress has seen Premier African Minerals’ share price increase steadily since November 2017. In Mozambique, the company holds a 70% interest in the Tete Iron Ore Project, which contains over 1 billion tonnes of iron ore resources.

Premier African Minerals is currently advancing this project towards production and has signed a Joint Development Agreement with Baobab Mining & Exploration (Pty) Ltd to develop the infrastructure required for mining operations. This agreement has provided a boost to the company’s share price as investors are confident that the project will soon be moving into production phase.

Is Premier African Minerals a Buy?

Premier African Minerals is a natural resources company with a focus on zinc, lead, silver, and tungsten projects in Africa. The company’s flagship property is the RHA Tungsten Mine in Zimbabwe, which is currently in production. Premier African Minerals also has several other properties at various stages of development, including the Zulu Lithium and Tantalum Project in Zimbabwe and the Mbala Phosphate Project in Zambia.

The current share price of Premier African Minerals makes it an attractive proposition for investors looking for exposure to Africa’s growing natural resources sector. The company’s strong project pipeline and experienced management team make it a good long-term investment.

Who Owns Premier African Minerals?

Premier African Minerals is a diversified natural resource group with interests in gold, rare earth elements, zinc and lead. The company was founded in 2009 and is headquartered in London, United Kingdom. Premier African Minerals is listed on the AIM market of the London Stock Exchange.

The current CEO is George Roach. The majority shareholder of Premier African Minerals is Sichuan Lomon Group Co., Ltd., a Chinese state-owned enterprise. As of June 2018, Sichuan Lomon Group Co., Ltd. owns 71.42% of Premier African Minerals through its subsidiary Lomon Corporation Limited.

What Does Premier African Minerals Do?

Premier African Minerals is a diversified natural resource company with interests in coal, ferrous and base metals, industrial minerals and gemstones. The Company’s strategy is to build a portfolio of high quality projects through acquisition, exploration and development. The Company has significant iron ore assets in Zimbabwe including the flagship Save Iron Ore Project which has an Indicated Mineral Resource of 1.3 billion tonnes with potential for further expansion (see note below).

Premier also owns the RHA Tungsten Project in Zimbabwe which is one of the highest grade undeveloped tungsten deposits in the world and hosts an Inferred Mineral Resource of 41 million tonnes at 0.97% WO3. In addition to these key projects, Premier also holds early stage exploration assets across a number of commodities and countries including gold in Sierra Leone, lithium in Zimbabwe, tin in Rwanda and tantalum & niobium in Mozambique amongst others.

Premier African Minerals Stock update $PREM Lithium Stocks

Conclusion

Premier African Minerals Chat is a blog post about the company’s recent chat with shareholders. In the chat, the company discussed its plans for the future and answered questions from shareholders. The company plans to continue its work in Africa and expand its operations into other countries.

It also plans to increase its production of minerals and metals.

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