Search results: Prospect Resources

MIRRORPLEX (Pvt) Limited’s lithium project in Shamva has started drilling with the initial 23-hole program comprising 2,000 metres of reverse circulation (RC), with an RC rig now on site.Rudairo Dickson MapurangaThe project which is postured to...

Zimbabwe’s hopes for a quick economic recovery and sustainable foreign exchange stability rest on the shoulders of its multibillion-dollar mining industry.By Francis Shingi Nhunzvi and Victor BhoromaBeyond the productivity bottlenecks of the past 2 years, mining...

Zimbabwe is set to draw significant benefits soon, as one of the world’s major lithium producers – not least because of the number of fledgling local lithium projects – but the forecast near term global supply shortage.Already,...

…as the company eyes premium glass, ceramic marketsAfrican lithium developer, Prospect Resources, has said its lithium to iron ratio is suitable for the premium glass and ceramics market, in a major boost for the company.There are...

RESULTS of test work undertaken on lithium from Zimbabwe’s Arcadia Mine have confirmed lithium-to-iron ratios suitable for the premium glass and ceramics market.This makes Arcadia the only mine in the world able to supply both spodumene...

THE US$1,4 billion lithium mining project in Matabeleland North faces a fresh hurdle after Beijing Pinchang approached the Supreme Court challenging a recent High Court ruling granting the Zimbabwe Lithium Company mining rights of the tailings...

Prospect Resources recently discovered a much sought after chemical element or metal used mainly in high temperature or high-pressure oil and gas drilling, Caesium at Acardia Lithium. We did a bit a research to find out...

AFRICAN lithium developer, Prospect Resources, says a sample of its Arcadia mine premium grade lithium has passed the second qualification stage with one of the largest glass manufacturers in Europe.The Australian company operates the Arcadia lithium...

Australian lithium developer Prospect Resources has signed a memorandum of understanding with Uranium One, the Canada-based unit of Russia’s Rosatom, that could see the miner take up a stake in Prospect and buy over half of...

African lithium company, Prospect Resources Ltd (ASX:PSC, FRA:5E8) (“Prospect Resources” or the “Company”) is pleased to announce that African Export-Import Bank (“Afreximbank”) has been appointed to arrange and manage the primary syndication of a US$143m project finance debt...

Last month the President of Zimbabwe Emmerson Dambudzo Mnangagwa unveiled the USD12 billion road map which aims at developing the mining sector in Zimbabwe to a USD12 billion industry by 2023. The mining sector is already...

Last month the President of Zimbabwe Emmerson Dambudzo Mnangagwa unveiled the USD12 billion road map with aims at developing the mining sector in Zimbabwe to a USD12 billion industry by 2023. The mining sector is already Zimbabwe’s biggest foreign currency earner. Experts and the...