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StocksMedium•17 April 2026•

1 min read

Premier African Minerals Shares Surge 17% on Zulu Lithium Project Progress

Orange and yellow image with a red downward arrow graph. Text: 'GEM DIAMONDS', 'COMMODITY PRICE DROP', '-7.78%', '-5.00%'. Features diamonds, mining equipment, financial icons, oil barrels, and an Eth

Key Facts

1Premier African Minerals shares rose 17% to 0.021p.

Premier African Minerals shares surged by 17% to reach 0.021p following a positive operational update regarding its flagship project. The company reported significant progress in the installation of the new Xinhai flotation plant at the Zulu Lithium and Tantalum Project in Zimbabwe. Current site activities are focused on the fabrication of launders, walkways, and the interconnecting pipework between flotation cells. Investors reacted favorably to the gathering pace of the installation, which effectively reduces execution risks for the lithium venture. This milestone marks a critical step toward full-scale production in a high-demand sector. The double-digit gain reflects renewed market confidence in the company's ability to meet its technical development timelines.