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Search results: Prospect Resources

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,...

Prospect Resources in a trading halt

Prospect Resources Limited (‘PSC’) securities will be placed on a trading halt at the request of PSC, pending it releasing an announcement.By Shantel ChisangoThe securities will remain in a trading halt until the earlier of the...

Prospect Resources happy with Zim government

Prospect Resources Managing Director, Sam Hosack has expressed his delight in the account of policies and the attitude of the government pertaining to the permitting process of the Arcadia Lithium Project.By Shantel ChisangoIn an interview with...

Prospect Resources fundraises for Arcadia lithium

Prospect Resources — developer of the Arcadia lithium project near Harare — has begun discussions with financiers to unlock funding for the staged development of a petalite pilot plant needed to achieve near-term production, the mining junior said last week. The...

Prospect Resources Managing Director awarded incentive options

African lithium developer, Prospect Resources Limited has announced the award of incentives options to its Managing Director Mr Sam Hosack.By Shantel T ChisangoThe options issued to Mr Hosack are linked to achieving progress in the Arcadia...

New Prospect Resources Financial Chief eager to develop Arcadia Lithium

New Prospect Resources Chief Financial Officer (CFO) Mr. Ian Goldberg has promised to use his expertise in finances to help with the enhancement of the Arcadia Lithium Project.By Shantel Chisango"I look forward to bringing my experience...

Prospect Resources appoints Renaissance as advisor for MoU

Prospect Resources (PSC) has appointed Renaissance Securities as its exclusive merger and acquisitions advisor in relation to an agreement with Uranium One Group This agreement is in relation to the potential sale of Prospect's Arcadia...

Prospect Resources signs MOU with Sibelco

African lithium developer, Prospect Resources Ltd is pleased to announce that it has entered into a Memorandum of Understanding with SCRSibelco N.V for the offtake of Arcadia’s ultra-low iron petalite product.Memorandum of UnderstandingThe purpose of the...

Prospect Resources unearth a much sought after mineral

ASX listed lithium and battery minerals company, Prospect Resources has discovered possible large deposits at its Arcadia Mine of caesium, a much sought after chemical element or metal used mainly in high temperature or high-pressure oil...

Prospect Resources gets 5-year tax break on lithium exports

Zimbabwe will exempt Prospect Resources from paying a levy on unprocessed lithium from its planned Arcadia Mine for five years, which will cut the costs of developing the project, the company says.Prospect plans to start development...

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