reading time

PREM Share Price

In August 2021, the company announced that it had agreed with MN Holdings, a Zimbabwe-based investment company, to form a new joint venture to develop Premier African Minerals’ Zulu Lithium Project. This joint venture was expected to provide additional funding and support for the project.

PREM Share Price

The London Stock Exchange’s AIM has listed Premier African Minerals Ltd under the ticker symbol PREM. PREM Share Price as of this post is at 0.93 GBp.

Premier African Minerals Ltd is a mining and natural resources company founded in 2006. The company primarily explores and develops African mineral resources, particularly in Zimbabwe.

Brief Background of PREM Share

Over the years, Premier African Minerals has explored a range of commodities, including gold, tungsten, lithium, and rare earth elements. The company has undertaken several exploration and development projects in Zimbabwe, including the RHA Tungsten Mine, the Zulu Lithium Project, and the Katete Rare Earth Project.

In recent years, Premier African Minerals has faced challenges, including obtaining permits and funding for its projects. However, the company has continued to work towards its goals of developing African mineral resources and has maintained a presence in the natural resources industry.

Advantages of Investing in PREM Share

  1. Diversification. Investing in Premier African Minerals may diversify a portfolio as the company operates in the mining and natural resources industry, which is often considered a separate asset class. This diversification may help to reduce overall portfolio risk.
  2. African Resources. Premier African Minerals is focused on exploring and developing mineral resources in Africa, a region with significant potential for natural resources. The company’s focus on Africa may provide an opportunity to invest in a region with potentially significant growth prospects.
  3. Experienced Management. Premier African Minerals has a management team with extensive experience in the mining industry, which may provide investors with confidence that the company is well-managed.

It’s important to note that investing in stocks, including Premier African Minerals, carries risk, and it’s essential to conduct thorough research and consult a licensed financial advisor before making any investment decisions.

Main Competitors of PREM

Premier African Minerals Ltd operates in the mining and natural resources industry, a highly competitive sector with many players. The company’s main competitors can vary depending on the mineral resources they are exploring or producing and its operating regions. Some potential competitors of Premier African Minerals Ltd in the mining and natural resources industry could include:

  1. Anglo American plc
  2. BHP Group plc
  3. Glencore plc
  4. Rio Tinto Group
  5. Barrick Gold Corporation
  6. Newmont Corporation
  7. Freeport-McMoRan Inc.
  8. Vale S.A.
  9. Gold Fields Limited
  10. Sibanye-Stillwater Limited

It’s important to note that these companies are large, established players in the industry and may have significantly greater financial resources, operational capacity, and market power than Premier African Minerals. Additionally, the competition within the mining and natural resources industry can be complex, with many factors affecting a company’s competitiveness.

The Best Copytrading Platform

eToro UK
Minimum deposit 200 USD
Regulated in Europe
Trade selections Forex, Crypto, Stocks, Commodities, ETFs, Indices
  • Zero Commissions on Trades

  • CopyPortfolios/Copytrade Feature

  • Ask Experts Questions

  • Wide Range of Stocks


There have been no further significant updates or announcements from Premier African Minerals regarding the progress of its mining projects or other developments. However, it’s important to note that the mining industry can be subject to various risks and uncertainties, and individual company performance can be affected by various factors, including commodity prices, political instability, and regulatory changes.


FAQ: PREM Share Price

What is the historic performance of Premier African Minerals Ltd?

Premier African Minerals Ltd has had a varied historical performance, with fluctuations in share price and business operations. However, it's important to note that past performance does not guarantee future performance, and investing in stocks, including Premier African Minerals, carries risk.

Here is a brief overview of some of the critical events in Premier African Minerals' historical performance:

Premier African Minerals was listed on the London Stock Exchange's AIM market in 2007.
In 2012, the company acquired a 49% stake in TCT Industrias Florestais Ltda, a forestry and timber company in Mozambique, but later sold this stake in 2017.
Premier African Minerals' RHA Tungsten Mine in Zimbabwe commenced production in 2015; production was suspended in 2016 due to financial difficulties and challenges in obtaining permits.
The company's Zulu Lithium Project in Zimbabwe has faced challenges in obtaining permits and funding. Still, in August 2021, Premier African Minerals announced a joint venture with MN Holdings to develop the project.
In recent years, Premier African Minerals has undertaken several financing activities to raise capital, including issuing new shares and convertible loan notes.

Does Premier African Minerals Ltd pay dividends to its stockholders?

Premier African Minerals Ltd has not paid dividends to its stockholders.

How much does Premier African Minerals Ltd make in a year?

Premier African Minerals Ltd's annual revenue and profit can vary significantly from year to year based on commodity prices, production levels, and operational costs. In its latest publicly available financial statement for the year ended December 31, 2020, the company reported a loss of approximately £1.1 million on revenue of approximately £4,000.

Rate this post
Simon Williams
Latest posts by Simon Williams (see all)