Developing High Grade Tungsten and Lithium Assets · Disclaimer. The information contained in this...

Developing High Grade Tungsten and Lithium Assets

www.premierafricanminerals.com

Disclaimer

The information contained in this document has been prepared based uponinformation supplied by Premier African Minerals Limited “the Company”. ThisDocument does not constitute an offer or invitation to any person to subscribe for orapply for any securities in the Company.

While the information contained in this Document has been prepared in good faith,neither the Company nor any of its shareholders, directors, officers, agents, employeesor advisers give any representations or warranties (express or implied) as to theaccuracy, reliability or completeness of the information in this Document, or of anyother written or oral information made or to be made available to any interested partyor its advisers (all such information being referred to as “Information” and liabilitytherefore is expressly disclaimed.

Accordingly, to the full extent permitted by law, neither the Company nor any of itsshareholders, directors, officers, agents, employees or advisers take any responsibilityfor, or will accept any liability whether direct or indirect, express or implied,contractual, tortious, statutory or otherwise, in respect of, the accuracy orcompleteness of the Information or for any of the opinions contained in this Documentor for any errors, omissions or misstatements or for any loss, howsoever arising, fromthe use of this Document. Neither the issue of this Document nor any part of itscontents is to be taken as any form of commitment on the part of the Company toproceed with any transaction and the right is reserved to terminate any discussions ornegotiations with any person. under no circumstances will the Company be responsiblefor any costs, losses or expenses incurred in connection with any appraisal orinvestigation of the Company. In furnishing this Document, the Company does notundertake or agree to any obligation to provide the recipient with access to anyadditional information or to update this Document or to correct any inaccuracies in, oromissions from, this Document which may become apparent.

This Document should not be considered as the giving of investment advice by theCompany or any of its shareholders, directors, officers, agents, employees or advisers.Each party to whom this Document is made available must make its own independentassessment of the Company after making such investigations and taking such advice asmay be deemed necessary. In particular, any estimates or projections or opinionscontained in this Document necessarily involve significant elements of subjectivejudgment, analysis and assumptions and each recipient should satisfy itself in relationto such matters.

This Document may include certain statements that may be deemed forward-lookingstatements. All statements in this discussion, other than statements of historical facts,that address future activities and events or developments that the Company expects,are forward-looking statements. Although the Company believes the expectationsexpressed in such forward-looking statements are based on reasonable assumptions,such statements are not guarantees of future performance and actual results ordevelopments may differ materially from those in the forward-looking statements. TheCompany, its shareholders, directors, officers, agents, employees or advisers, do notrepresent, warrant or guarantee, expressly or impliedly, that the information in thisDocument is complete or accurate. To the maximum extent permitted by law, theCompany disclaims any responsibility to inform any recipient of this Document of anymatter that subsequently comes to its notice which may affect any of the informationcontained in this Document. Factors that could cause actual results to differ materiallyfrom those in forward-looking statements include market prices, continued availabilityof capital and financing, and general economic, market or business conditions. Investorsare cautioned that any forward-looking statements are not guarantees of futureperformance and that actual results or developments may differ materially from thoseprojected in forward-looking statements.

AUGUST 2017 PREMIER AFRICAN MINERALS | AIM : PREM 2

Premier African Minerals – Overview

Profile Strategy Key Projects Value

AIM-listed mining and exploration company

Developing lithium, tungsten and industrial

minerals (limestone)

Experienced management team

Board with track record of successful mineral

development

Expanding the resource base at Zulu Lithium and

commencing a PEA

Acquiring up to 12% of Circum Minerals

Bringing RHA into commercial production

Zulu Lithium - Tantalum Project

RHA Tungsten Project

Exploration upside Zulu Lithium & Tantalum

RHA Tungsten ProjectProducing mine

A US$8.2 million shareholding in Circum

Minerals Limited, a private potash developer

52% interest in TCT Industrias Florestais

4.5% interest in CasaMining Limited, a gold

developer


0

1

2

3

Capital Structure

Average daily trading volumes

2017 Q22017 Q12016 Q42016 Q3

71,283,827150.122,04521,020,20629,015,377

Capital Structure as of 15 August 2017

Share Price 0.57 pence

Shares Outstanding 5,353,728,125

Warrants/options 443,684,541

Fully Diluted 5,797,412,666

Market Capitalisation £30.50 million

52 Week Share Price Major Shareholders

AIM 0.15-1.15p George Roach – 8.60%

AIM

Clo

sing

Pric

e (p

ence

)


Daily Share Price

Board of Directors

Highly experienced Board and Management Team with extensive experience in exploration, mining and corporate management

George RoachChairman & CEO

Extensive experience in natural resource business development in Africa. He has held positions in and/or initiated a number of start-up businesses listed on AIM and/or TSX-V. Other interests include Anglo African Agriculture and Agriminco Corp.

Ian StalkerNon-Executive Director

Over 30 years of development and operational mine experience in Europe, Africa, and Australia. Chairman and Director of TSX-listed Azincourt Resources Inc., Chairman and former CEO of TSX-listed Brazilian Gold Corp, former CEO of Berkeley Resources, former CEO of Uramin Inc. and former Vice President of Goldfields Limited.

Michael FosterNon-Executive Director

Over 30 years’ experience in all aspects of the mining industry. Founding shareholder and Director of the AIM traded Zinc Ox Resources plc. Former Non-Executive Chairman of Copperbelt Minerals Limited, Director of CASA Mining Limited and director of Solantera Resources.

Russel SwartsNon-Executive Director

South African Chartered Accountant, has held senior financial roles in both public and private companies, more recently as CFO for Uru Metals Ltd (formerly Niger Uranium Limited). Mr Swarts has extensive experience of operating companies across Africa.


Management Team

George RoachChairman & CEO

Extensive experience in natural resource business development in Africa. He has held positions in and/or initiated a number of start-up businesses listed on AIM and/or TSX-V. Other interests include Anglo African Agriculture and Agriminco Corp.

Anthony Michalec Chief Operating Officer

A mining professional with in excess of 35 years’ of experience in mining engineering gained at both open pit as well as underground operations across Africa with companies like Shanta Gold, First Quantum Minerals and Anglo American. Mr Michalec has significant experience in mine planning and production management as well as supervising large mining operations.

Jabulani Chirasha General Manager

A qualified metallurgical engineer with in excess of 30 years’ of experience in mining and process engineering. Prior to joining RHA Tungsten, Mr Chirasha was senior manager at Anglo American in Zimbabwe. Mr Chirasha has authored a number of international papers on mining and process technology and is a speaker at international mining conferences.

Russel SwartsFinancial Consultant

South African Chartered Accountant and has held senior financial roles in both public and private companies, more recently as CFO for Uru Metals Ltd (formerly Niger Uranium Limited). Mr Swarts has extensive experience of operating companies across Africa.

Wolfgang HampelSenior Geologist

Mr Hampel has 26 years' experience in the African, American, European and Asian exploration and mining industry and holds a Diploma in Economic Geology (Dipl.-Geol.) from the Technical University of Munich. He is a registered European Geologist (EurGeol), n° 1261, with the European Federation of Geologists.

Gerard EvansSenior Resource Geologist

Mr Evans has 27 years' experience in geology and resource geology, primarily in the Southern African mining industry. He holds an Honours Degree in Geology from the University of the Witwatersrand and is registered with SACNASP. He is a Competent Person in gold.


Southern African Assets

Tinde ProjectFluorite & Barite

Katete ProjectRare Earths

RHA ProjectTungsten

Globe ProjectGraphite

Zulu ProjectLithium & Tantalum


TCT (CatapuProject)Forestry & Limestone

Exploration Projects In Southern Africa

Project Mineral Geology Status Update / Potential

Zulu Project

Lithium & Tantalum

Two pegmatite bodies totaling 3.5km in length with lithium oxide (Li₂O) grades up to 3.3%, tantalum oxide (Ta2O5) to 1,037 ppm

Mineral Resource Estimate of 20.1 MT grading 1.06% Li20. Initial Metallurgical testwork complete. New Zone discovery in August 2017

Globe Project

Graphite At least 4 parallel graphite horizons between 1.40m and 6.40m wide; mineralised zone at least 450m long; best graphite grades to date 6.40m at 10.14% graphitic carbon.

Potential for polymetallic Cu, Zn, and Ag mineralisation

Tinde Project

Fluorite & Barite Numerous up to 3m wide hydrothermal fluorite veins in granites and gneisses. Small scale industrial mining took place until the 1970s.

Potential for wider, open-pittablemineralization

KateteProject

Rare Earths A massive carbonatite with continuous rare earth mineralisation

TCT IF Limestone Planning an initial exploration assessment, maiden resource and scoping study over the course of 2017



Location Hwange Area, Zimbabwe

Product Wolframite – (Fe,Mn) WO3 Concentrate

Resource Underground Measured, Indicated and Inferred resource of 1.267 million tonnes at composite grade of 4.25kg/t WO3Open Pit Indicated and Inferred resource of 20.882 million tonnes at 2.34 kg/t WO3

Development Strategy

Underground mining development as well as open pit operations In conjunction with a XRT technology to increase the feed grade to the plant

Mining Method Underground and open pit mining operations

Production Rate Target throughput of 40,000 tonnes per month, 16,000 tonnes from the underground mine and 24,000 tonnes from the open pit operations, producing up to 10,000 mtu tungsten trioxide concentrate per month

…IN PRODUCTION Open pit mining and underground mining resumed Underground development ongoing to expose stopesProcess plant optimized with XRT sorting technology Ramp up to the design rate of 40,000 tonnes per month by the end of Q4 2017

Conveyor Belts from XRT Sorter



High Grade Resource with upside potential〉 Underground M,I&I Resource of 1.267mt at 4.25kg/t WO3

〉 Open Pit I&I Resource of 20.882mt at 2.34kg/t WO3

Historic mining record〉 1,919t WO3 concentrate between 1931 – 1979

〉 Vertical shaft, numerous adits and underground development exists

Simple gravity process flow sheet optimized with XRT sorting technology

Locally indigenized〉 51% Owned by NIEEF


Delivering Ore from the Open Pit Operation

RHA Plant

Tungsten Market

〉 World’s hardest metal with the highest melting point

〉 Tungsten is used in essential applications such as steel tools, cutting blades, military applications, alloys, lighting and electronics

〉 Strong demand growth - global tungsten demand is growing at an annual rate of approximately 3.7%

〉 Price trend - Prices have decreased from around US$450 per mtu in 2011 to unsustainable levels at less than $150 per mtu in 2015. (1 mtu = 10kg)

〉 APT is currently trading around US$240 –US$248 per mtu, or US$24-24,800 per tonnes

〉 ATP price is recovering this year and anticipated to return to higher prices over the next couple of years as a results of supply tightening and increasing in demand

Forecast Global Primary Tungsten Consumption to 2018


Source: Roskill

Zulu Lithium Project

〉 The Zulu Lithium and Tantalum Project covers 3.5km² and is located 80km east of Bulawayo

〉 The project is generally regarded as potentially the largest undeveloped lithium bearing pegmatite in Zimbabwe

〉 Maiden Mineral Resource Estimate of 20,1 million tonnes of 1.06% Li₂O and 51 ppm Ta₂O₅ using a cut-off grade of 0.5% Li₂O and 7 million tonnes at 1.50 Li₂O using a cut-off grade of 1.1% Li₂O

〉 Metallurgical testwork on spodumene pegmatite achieved a lithium recovery of 81.8%

〉 New Zone discovery in August, intersected high grade spodumene mineralisation south-east of the Main Zone

〉 Exploration target of 60-80 million tonnes in Main Zone and in excess 80 million tonnes in the New Zone

Pegmatite boulders with lithium mineralisation

Mineralised drill core from the Main Zone

AUGUST 2017 13

Notes:1. Premier is the operator of the Zulu Lithium and Tantalum Project

(“Zulu”).2. Premier currently holds 100 per cent. interest in Zulu. 3. Mineral Resources which are not Mineral Reserves have no

demonstrated economic viability.4. The effective date of the Mineral Resource is 01 June 2017.5. Mineral Resources for Zulu have been calculated using a cut-off of 0.5%

Li₂0 and classified according to SAMREC.6. The Mineral Resource Estimate is based on information compiled by the

Company and reviewed by Mr Wolfgang Hampel (as described further below).

Zulu – Mineral Resource Estimate

〉 Maiden Mineral Resource Estimate of 20,1 million tonnes of 1.06% Li₂O and 51 ppm Ta₂O₅ using a cut-off grade of 0.5% Li₂O

〉 Containing 526,000 tonnes of Lithium Carbonate Equivalent (“LCE”) and 1,025 tonnes of Tantalum Pentoxide

〉 Maiden Resource Estimate covers only 35% of Zulu’s known 3.5km surface strike length and drilling continues to upgrade and expand the Mineral Resource Estimate

〉 Deposit remains open at depth and along strike

〉 Exploration target of 60-80 million tonnes

Drill cores containing lithium mineralisation


Category

Tonnes (millions)

Grade Li₂0 %

Contained Li₂0 in tonnes

Measured - - -

Indicated - - -

Inferred 20,112,736 1.06 213,195

Total 20,112,736 1.06 213,195

Zulu – Metallurgical Testwork

〉 Metallurgical testwork was conducted by German based Dorfner Anzaplan

〉 Flotation testwork on spodumene pegmatite achieved a lithium recovery of 81.8%

〉 Flotation testwork on mixed pegmatite sample achieved a spodumene concentrate containing 5.9% Li₂0 being acceptable for spodumene concentrates as feed stock for lithium carbonate production and a commercial grade petalite concentrate containing 3.9% Li₂0 at exceptionally low Fe₂0₃ content of > 0.01% at a recovery in the concentrates of an estimated 70%

〉 The tailings of spodumene and petalite flotation process contain very low iron oxide concentrations in the range of 0.01%, offering the potential for high quality, low iron feldspar and quartz as by-product for glass and ceramics applications

〉 Further metallurgical testwork is planned including testwork on the recoveries of lithium bearing minerals, the recovery of a saleable tantalite concentrates and high purity, low iron oxide quartz and feldspar concentrates as well as optimise the flowsheet design


From left to right:lepidolite spodumene pegmatite @ 0.94% Li2O and 42 ppm Ta2O5

spodumene (pink) pegmatite @ 2.09% Li2O and 106 ppm Ta2O5

petalite pegmatite @ 2.39% Li2O and 46 ppm Ta2O5

holmquistite gneiss / amphibolite and pyrite @ 0.55 % Li2O

〉 Discovered a New Zone, south-east of the Main Zone, intersected significant high grade spodumene mineralisation

〉 Exploration target in New Zone has the potential to exceed the exploration target of 60-80 million tonnes in the Main Zone

SEPTEMBER 2016 17

Highly Mineralised Drill Core from the New Zone

New Zone Discovery

Drill hole From (m) To (m) Interval length

ZDD-37 10.00 15.50 5.50

and 20.00 32.50 12.50

and 37.50 40.10 2.60

and 42.90 44.15 1.25

and 46.70 51.00 4.30

and 51.77 54.70 2.93

and 74.80 79.40 4.60

and 83.30 87.80 4.40

and 105.00 112.60 7.60


ZDD-37 Drill results

Lithium Raw Materials


〉 Lithium raw materials are the vital ingredient for lithium battery technology

〉 Lithium is sourced predominantly from: 〉 Hard-rock mining of spodumene deposits

〉 Extracting lithium from brine deposits

〉 Zimbabwe is the world’s 5th largest producer of lithium mineral concentrate

〉 The Zulu deposit is among Zimbabwe’s largest lithium-tantalum resource with Inferred Resources of 20,1 Mt at 1.06% Li₂0 and 51 ppm Ta₂0₅containing 526,000 tonnes of Lithium Carbonate Equivalent (“LCE”) and 1,025 tonnes of Tantalum Pentoxide

〉 Spodumene and petalite ore is processed into a concentrate and then converted into lithium carbonate or lithium hydroxide to be utilised in lithium battery components

Spodumene Concentrate Production

Battery Tesla Model S

Lithium Market

Lithium Supply / Demand Curves


〉 Pollution has driven Government policies towards “New Energy”

〉 Lithium carbonate pricing took-off coincidentally with acceleration in EV’s and Electric Bus sales

〉 Broad transportation electrification Projects 〉 99 million electrical vehicles sold pa by 2020*

〉 By 2050, 81% of global car sales will be electric*

Source: Canaccord Genuity

〉 Hardrock lithium minerals has a variety of applications with traditional uses including ceramics, glass and greases

〉 Development in the application of lithium in rechargeable batteries is the major growth factor in the future demand for lithium

〉 Technological advancements for EV’s and E-storage is accelerating lithium demand * Source Reuters, Morgan Stanley,

A sunny day in Shanghai

Global Motor Vehicle Lithium Demand


〉 Tesla Series 3 to be released in 2017, retail price of US$36,000, 450,000 orders already placed

〉 Mercedes Benz releasing 12 new models of EV’s in 2017

〉 BMW i3 Series due for release in late 2017 in direct competition with Tesla Series 3

〉 Audi, Volkswagen major EV model expansion in 2017-2018

〉 Volvo will only make electrical vehicles and hybrid electrical vehicles from 2019

〉 UK, China, Japan and Korean Government policy strongly supports EVs with large rebates, zero sales tax and free licensing

Global Electrical Vehicle Car Sales Forecast

Drive E, Volvo will only be selling EV and HEV From 2019

Source: Canaccord Genuity

156

136128

66

40 37 37

70

2012 10.8 10

1.2

1.25%

1.86%

1.44%

1.13%

1.02%

1.37%

1.48%

1.06% 1.06%

1.18%

1.40%

1.00%1.07%

0.00%

0.50%

1.00%

1.50%

2.00%

0.00

20.00

40.00

60.00

80.00

100.00

120.00

140.00

160.00

180.00

PilbaraMinerals -Pilangoora(US$429m)

Rio- Jadar KidmanResources -Mt Holland(US122m)

ProspectResources -Arcadia -(US$36m)

AlturaMining -

Pilangoora(US$216m)

Birimian -Bougouni(US$43m)

NemaskaLithium

(US$380m)

Zulu (MainZone

potential)

Premier -Zulu

(US$23m)

Tawana -Bald Hill

(US$63m)

BikitaMinerals(Private)

Dakota -Sepeda

(US$22.2m)

Sayona -Authier

(US$23m)

Reso

urce

s M

llion

Tonn

es

Zulu – Global Significant Hardrock Lithium Resource


Source: Company Data as at 04 August 2017Market Capitalisation in USD

Grade in %

Altura Mining - Pilangoora 40Mt 1.02%

Birimian - Bougouni 37Mt 1.37%

Critical Elements - Rose 24.3Mt 0.98%

Dakota - Sepeda 10Mt 1.00%

Kidman Resources - Mt Holland 128Mt 1.44%

Nemaska Lithium 37Mt 1.48%

NeoMetals - Mt Marion 78Mt 1.36%

Pilbara Minerals - Pilangoora 156Mt 1.25%

Prospect - Arcadia 66Mt 1.13% Sayona - Authier 1.2Mt 1.06%

Premier - Zulu 20Mt 1.06% Zulu potential 70Mt 1.06%

Bikita Minerals

Tawana - Bald Hill 12Mt 1.18%

0.70

0.80

0.90

1.00

1.10

1.20

1.30

1.40

1.50

1.60

1.70

0 20 40 60 80 100 120 140 160 180

Gra

de in

Li2

0

Resources in Million Tonnes

Zulu – Global Significant Hardrock Lithium Resource


Legend

Exploration DevelopmentProductionSize of the bubble represents Market Capitalisation

Source: Company Data as at 20 July 2017Market Capitalisation in USD * Bikita Minerals is a private company

Circum Minerals Limited – Overview

〉 4,101 million shares in Circum Minerals Limited (Circum) with a fair value of US$8.2 million

〉 Circum is a privately owned company, developing its 100% owned Danakil Potash Project, located in the Danakil Depression of Ethiopia. The Danakil project is one of the largest and lowest cost potash development projects in the world

〉 The DFS has a NPV of US$2.1 billion. Circum currently has 100,6m shares in issue

〉 Mining license granted in March 2017 and Circum expects a near term liquidity event

〉 Premier can acquire up to 12% in Circum at US$1.25 per share (Cash payment) and/or US$1.50 per share (Share based payment)


Solution Mining Well Head

Kainitite Evaporation Pond

Circum Minerals Limited – Overview

Danakil Project at a Glance

Location Northern Ethiopia

Ownership 100%

Size 365 sq. km

Production Target 2 Mtpa MOP, 0.75 Mtpa SOP

Mining Solution mining

Process Solar evaporation

Initial Capital Costs US$2.3 billion

Peak Funding US$1.8 billion due to early revenue from initial production

Total Operating Costs (FOB Djibouti)

US$81/t MOP US$156/t SOP

After-tax NPV at 10% US$2.1 billion

After-tax nominal IRR 26%

Project Stage

- DFS July 2015, Optimized in February 2016- Mining license awarded in March 2017


Danakil Project Location

Potash Market - Overview

Macro Themes

• Population growth• 12bn people in

1950

• Rising Incomes • Diet are richer in

proteins

• Strong growth in Developing Markets

• China, India, Brazil• China import

growth Q1 y-o-y up 48%


Danakil – a Wold-class Potash Project


Company Name Project Ownership

Resource In Mt

Steady State

Production in Mtpa

MineLife

Status of LicensingPermitted Capex Opex

MCAP in USD

Danakali LimitedASX | DKN

Colluli (Eritrea)

50% 1,289 0.4 200 years + • DFS underway

• Detailed Engineering, Pilot Testing

• Permitted

US$300m SOP - US$255/t US$127m

HighfieldASX | HFR

Muga (Spain)

100% 264 1.1 47 years • FS • Permitted

US$300m MOP - US$122/t US$194m

Kore Potash ASX | K2P

Kola (Republic of

Congo)

98% 5,321 2.00 25 years • DFS underway

• Permitted

US$1.8bn MOP - US$100/t US$111

Sirius Minerals LSE | SXX

Woodsmith (UK)

100% 2,660 10 100 years • DFS• Pre-strip • Permitted

US$2.9bn POLY - US$233/t US$1,624

Circum Minerals (Private)

Danakil (Ethiopia)

100% 4,932 2.8 26 years • DFS • Permitted

US$2.3bn MOP - US$81/t, SOP - US$155/t

Private

Source: Company Data as at 04 August 2017Market Capitalisation in USD

TCT Industrais Florestais

Mining area

Game farm fence line

Railway line

Railway service road

Old mining area

NB: the northern part of the game farm and most of the mining area is within the TCT concession


TCT Industrais Florestais

〉 52% interest in TCT Industrais Florestais Limitada (TCT)

〉 TCT owns a sizeable limestone deposit covering 27km² located in the Sofala region of Mozambique

〉 The deposit is located 20km southwest of Caia and the property lies adjacent to a 3 line siding on the Tete/Beira rail link

〉 Preliminary test work on surface material indicates acceptable grades of CaCO₃ for limestone and cement production; solubility for Agri-lime and material that is suitable for aggregates production

〉 Planning a exploration program and preliminary scoping study over the course of 2017

〉 TCT’s current forestry operations are expected to contribute to the exploration and development expenditure of the limestone deposit

Re-forestation

Transporting logs to the mill


CASA Mining Limited – Overview


〉 Acquired a 4.5% interest in Casa Mining Limited (CASA)

〉 Casa is a privately owned exploration company with a 71% interest in the Misisi Project which comprises mining licenses over 60km long exploration corridor with a number of highly prospective gold exploration targets. (US$30 million has been spent to date)

〉 Akyanga deposit is the most advanced with existing 1.2Moz JORC resource of 1.72g/t Au (completed by SRK in 2014)

〉 2014 Positive Scoping Study by MDM and SRK into a 80koz pa open pit operation

〉 2016 Re-interpretation identified target resource of up to 3moz at +2g/t

〉 US$4 million program to deliver Scoping Study by the end of 2017, including 5,000 meter drill programme to validate potential for 3Moz resource identified in 2016 geological re-interpretation

〉 To be followed by 12 month program to deliver a PFS by mid-2018

Investment Highlights

〉 PREM commenced production at RHA

〉 Revenue from RHA Tungsten project expected late 2017 with potential to deliver for the long term

〉 Delineated a 20,1 million tonnes at 1.06% Li₂O Maiden Mineral Resource Estimate at Zulu –resource on only 1/3 of the strike length

〉 Metallurgical testwork achieves commercial grade concentrate and recovery of 81.8% on spodumene at 6.5% Li₂0

〉 Controlling stake in TCT IF which has the potential to be self financing

〉 Shareholding in Circum valued at US$8.2m and 4.5% interest in Casa Mining Limited

〉 Diversified natural resources company with a portfolio of significantly undervalued projects

〉 Experienced board and management team with a proven track record of successful development of mineral projects on the African continent


Appendix


Harare Skyline

Mining in Zimbabwe

〉 Population 13 million

〉 Area 390,759 square km (150,873 square miles)

〉 GNI per capita US$820 per annum

〉 Major languages English (official), Shona, Sindebele

〉 Major religions: Christianity, indigenous beliefs

〉 Currency: multi-currency system; US$ & ZAR

〉 Government: Zimbabwe African National Union Peoples Front (ZANU-PF)

〉 President: Robert Mugabe (aged 92) for the last three decades

〉 In December 2015, Mr Mugabe was endorsed once more as the ruling party candidate for the 2018 presidential elections but media continue to speculate about a potential successor


Mining in Zimbabwe

〉 African mining country with > 100 years of modern mining history

〉 Last mining boom between 1995-2004 saw 98% of the country under reconnaissance, exploration or mining license

〉 Major companies that have operated in Zimbabwe, Rio Tinto, BHP, Anglo American, Falconbridge, Impala Platinum, Anglo Platinum

〉 Skilled mining work force and well educated population

〉 Good infrastructure, road and rail, power transmission (mining takes precedent for power usage)

〉 Government is addressing the cost of doing business in Zimbabwe


Contact Information

For additional information or enquiries, please contact:

George Roach, Chairman & CEO

[email protected]

www.premierafricanminerals.com


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