Premier African Minerals' shares up as Circum Minerals gets Danakil mining licence
Shares in Premier African Minerals are up almost 4% after it confirmed Circum Minerals, in which it holds a 2% stake, had its mining licence for the Danakil Potash Project approved.
FTSE AIM All-Share
771.53
17:14 03/05/24
n/a
n/a
Mining
10,084.30
16:54 03/05/24
-1.16%
-117.97
Premier African Minerals Ltd
0.19p
16:55 03/05/24
2.09%
0.00p
The licence was approved by the Council of Ministers of the Government of Ethiopia.
Premier holds about 2m shares in Circum, equating to a stake of about 2%.
At 10:41 GMT, shares in AIM-quoted Premier were up 3.7% to 0.7p each.