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George Roach, chairman, chief executive officer and major shareholder of Premier African Minerals (PREM), sounds upbeat as he pauses from crucial last-minute offtake and financing negotiations for the company’s RHA tungsten project in north-west Zimbabwe, which he says should start production in June. He says talks have reached a ‘very detailed’ stage about a single debt package worth $2 million (£1.3 million) to cover the final shortfall and plant is being assembled in Johannesburg to re-launch the mine, which was developed up to the 1970s by Canadian miner Falconbridge, a company later bought by the Xstrata combine.
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