Prospect Resources has made significant strides in expanding its portfolio, acquiring a controlling stake in the highly prospective Mumbezhi Copper-Cobalt Project in Zambia and reported encouraging drilling results from its lithium projects in Zimbabwe and Namibia. Patricia Rwafa As announced
In the realm of mining and exploration, Zimbabwe holds vast potential yet struggles with a key obstacle – funding a Mining Executive has said. However, amidst this challenge, some individuals and companies have managed to build successful ventures that spearhead
AUSTRALIA Stock Exchange listed miner, Prospect Lithium Zimbabwe (PLZ) allegedly attempted to evade taxes in a deal clinched to transfer Arcadia lithium fields into its name about four years ago, multiple court actions and internal correspondence showed last week. Mandizha
Australian Stock Exchange- listed Prospect Resources that recently executed a binding Share Sale Agreement (SSA) with Huayou International Mining for the sale of its 87 percent shareholding in Prospect Lithium Zimbabwe, said they are ready to invest the proceeds in
Australian Stock Exchange-listed mining and exploration company’s investment in the Zimbabwe mining industry has been boosted with the company ending the quarter ended 30 September debt-free. Rudairo Mapuranga The company has recorded a debt-free cash balance of A$5.7M, as of
Earlier today we published an article “Prospect Resources low on cash to fund operations”. The article was extracted from a press release from the Prospect Resources website. Unfortunately, we misinterpreted the release leading to an inaccurate article. We would like
Prospect Resources, the Australian-listed company developing the Arcadia lithium mine in Zimbabwe, has opened bids for investors willing to fund the project. Prospect says it has received “multiple enquiries” from “a range of international parties” willing to be involved in
Australia Stock Exchange-listed mining junior Prospect Resources has initiated the takeover of Farvic Consolidated Mines’ equity stake in Arcadia mine increasing its shares to 87 per cent from 70 per cent. Rudairo Mapuranga Earlier this year, the company announced that
Prospect Resources has received subscriptions for approximately $41.9 million new ordinary shares at $0.155 per share to raise $6.5 million before costs (placement), to support the progress of the Arcadia Lithium project. By Shantel Chisango Prospect Managing Director, Sam Hosack
Prospect Resources Limited (‘PSC’) securities will be placed on a trading halt at the request of PSC, pending it releasing an announcement. By Shantel Chisango The securities will remain in a trading halt until the earlier of the commencement of
