Premier African Minerals Updates on RHA Tungsten Mine

Premier African Minerals (LSE:PREM) provided an update on the RHA Tungsten mine. Premier holds a 49 percent interest in the project and is operator of the mine.
As quoted in the press release, highlights included:

• Re-equipping of the 120 meter vertical shaft nearing completion;
• First ore from 870 level expected at surface during April 2016;
• Improving grades from ore processed off 926 level expected to see WO3 concentrate shipments resume shortly;
• Positive operational cash flow from RHA (before capital expenditure and working capital) expected when first ore from 870 level is processed and crushing circuit upgrades installed; and
• Upgrades to crushing circuit planned for this month.

Click here for the full press release.