Business
Circum Minerals Update
Circum Minerals Update.
About this update from Premier African Minerals Ltd.
[{"type":"text","content":"\n \nRNS Number : 3288Z Premier African Minerals Limited 14 March 2017 \n\nPremier African Minerals Limited / Ticker: PREM / Index: AIM / Sector: Mining\nFor immediate release\n14 March 2017\nPremier African Minerals Limited \n(\"Premier\" or the \"Company\")\n \nCircum Minerals Update \n Mining License Approved by the Council of Ministers \n \nPremier African Minerals Limited (AIM: PREM), the London quoted multi-commodity mining and exploration company, is pleased to announce that Circum Minerals Limited's (\"Circum\") mining license for the Danakil Potash Project has been approved by the Council of Ministers of the Government of Ethiopia. Premier holds 2 million shares (equivalent to an interest of approximately 2%) in Circum. \n \nMore information on Circum Minerals Limited is available on: www.circumminerals.com\n \nThis announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.\n \nEnquiries:\n\n\n\n\nFuad Sillem\n\n\nPremier African Minerals Limited\n\n\nTel: +44 (0)7734 922074\n\n\n\n\nMichael Cornish / Roland Cornish\n\n\nBeaumont Cornish Limited\n(Nominated Adviser)\n\n\nTel: +44 (0) 207 628 3396\n\n\n\n\nJerry Keen/Edward Mansfield\n\n\nShore Capital Stockbrokers Limited\n\n\nTel: +44 (0) 207 408 4090\n\n\n\n\nJon Belliss \n\n\nBeaufort Securities Limited \n\n\nTel: +44 (0) 20 7382 8300\n\n\n\n\nCharles Goodwin/ Harriet Jackson\n\n\nYellow Jersey PR Limited\n\n\nTel: +44 (0) 7544 275882 \n\n\n\n\n \nNotes to Editor:\nPremier African Minerals Limited (AIM: PREM) is a multi-commodity mining and natural resource development company focused in Southern and Western Africa with production started at its flagship RHA project in Zimbabwe. \nThe Company has a diverse portfolio of projects, which include tungsten, rare earth elements, gold, lithium and tantalum in Zimbabwe and Benin, encompassing brownfield projects with near-term production potential to grass-roots exploration. The Company recently acquired a 52% controlling stake in Mozambique-based TCT Industrias Florestais Limitada, which owns a substantial limestone deposit and forestry business located on rail in the Sofala Province of Mozambique. In addition, The Company holds 2 million shares in Circum Minerals Limited (\"Circum\"), the owners of the Danakil Potash Project in Ethiopia, ...