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
754.69
16:50 24/04/24
n/a
n/a
Mining
10,520.27
17:09 24/04/24
1.74%
180.29
Premier African Minerals Ltd
0.19p
16:55 24/04/24
-3.08%
-0.01p
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.