Premier African Minerals says Zimbabwe talks advancing
Source - SMW
Premier African Minerals said discussions with Zimbabwe's National Indigenisation and Economic Development Fund regarding its investment in the RHA tungsten mine are progressing well.
At a meeting in Harare last week, NIEEF reaffirmed the current policy change in Zimbabwe and showed a willingness to agree a mechanism to restructure its ownership of RHA, the company said.
Discussions on proposed contract amendments between Premier and NIEEF to achieve this are expected to be progressed during the coming weeks, it added.
At 9:23am: (LON:PREM) Premier African Minerals share price was 0p at 0.23p