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Search results: Prospect Resources

Prospect Resources Steps Back from Bikita and Step Aside

Australian Stock Exchange-listed mining and exploration junior, Prospect Resources, has put its Zimbabwean lithium projects at Bikita and Step Aside on hold, shifting its focus to a copper project in Zambia, Mining Zimbabwe reports.By Rudairo MapurangaThe...

Prospect Resources Uncovers High-Grade Copper Intercepts at Mumbezhi Project

Australia Stock Exchange-listed mining and exploration junior, Prospect Resources, has announced significant copper discoveries at its Mumbezhi Copper Project in Zambia.By Patricia RwafaThe company’s recent drilling program has unearthed high-grade copper mineralization, confirming the project’s potential...

Prospect Resources Commences Drilling Activities in Zambia

Australia Stock Exchange-listed mining and exploration company Prospect Resources has commenced drilling activities at the Mumbezhi Copper Project in Zambia.By Patricia RwafaThe maiden drilling program comprises approximately 30 holes of reverse circulation (RC) and diamond drilling...

Prospect Resources Expands Portfolio

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...

One-on-One with Prospect Resources CEO Sam Hosack

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...

Prospect Resources in tax fiddle storm

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...

Prospect Resources to reinvest Arcadia proceeds

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...

Prospect Resources debt-free to advance Arcadia

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,...

Retraction: Prospect Resources low on cash to fund operations

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...

Prospect Resources opens a race to fund its Zimbabwe lithium project

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...

Prospect Resources to takeover Farvic’s stake in Acardia

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...

Prospect Resources receives funds to contribute towards the Arcadia Lithium project

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 ChisangoProspect Managing Director,...

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