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Premier eyes alternative funding for RHA; mulls separate listing of lithium project

Creamer Media Senior Deputy Editor
Premier African Minerals is in discussions with the Zimbabwe’s National Indigenisation and Economic Development Fund (NIEEF), which has an interest of 51% in the RHA Tungsten mine, to agree alternative financing options for the cash-strapped operation. Continuing operations at RHA are now dependent on additional sources of capital being provided; however, Premier has previously stated that it will not provide any further finance other than in the form of a bridging facility for concentrate ready for shipment.

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