Zim tungsten project’s preproduction capital estimate revised to $4.1m

An implementation study report on the low-capital openpit start-up strategy for multicommodity natural resource company Premier African Minerals’ RHA Tungsten project, in Zimbabwe, has determined a lower estimated preproduction capital cost of $4.15-million. In October last year, the Aim-listed company provided details of the start-up strategy, which had set out an initial estimated preproduction capital requirement of $4.8-million.