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Eight Sentenced to Prison for Illegal Gold Prospecting in Penhalonga

In a significant crackdown on illegal mining activities, the Mutare Magistrate’s Court has sentenced eight individuals to two years in prison each for illegally prospecting for gold at a farm in Penhalonga without a licence, Mining...

Zed Rusike Retires from Prospect Board

Businessman and accountant Zed Rusike has retired as a Non-Executive Director of the Australian Stock Exchange-listed mining and exploration junior, Prospect Resources, Mining Zimbabwe reports.By Rudairo MapurangaProspect Resources has confirmed Rusike's retirement from the mining and...

Prospect Shifts Focus to Copper with Mumbezhi Project Acquisition

Australia Stock Exchange-listed mining and exploration company Prospect Resources has announced a strategic shift towards copper exploration and development, highlighted by the acquisition of the Mumbezhi Copper Project in Zambia. The company also reported promising results...

Prospect Executes Joint Venture Earn-in Agreement on Bikita Gem Project

Australia Stock Exchange-listed mining and exploration junior Prospect Resources has executed a Joint Venture earnings-in agreement on the Bikita Gem Project, according to the company’s Investor Presentation.According to the Investor Presentation titled "Leading Africa in the...

Prospect: Goldberg Appointed E.D of Finance, Hosack now based in Zim

Australia Stock Exchange-listed mining and exploration junior, Prospect Resources, has appointed Mr. Ian Goldberg to the Prospect Board as Executive Director of Finance and to lead its Australia offices. Managing Director and CEO Sam Hosack will...

Kavango Resources Targets Large Gold Deposits in Zimbabwe

Kavango Resources, a London Stock Exchange-listed mineral exploration company, is investing in exploration projects in Zimbabwe's mining sector.By Patricia RwafaKavango's projects in Zimbabwe include Hillside and Nara. Hillside has the potential to host a bulk mineable...

Prospect Discovers High-Grade Copper at Mumbezhi Project

Prospect Resources has identified wide, high-grade copper intercepts at the Nyungu Central deposit in its Mumbezhi Project, Zambia. The company is targeting a maiden JORC resource by Q4 2024 and has commenced drilling activities.By Patricia RwafaAs...

Prospect gains access to Zambia copper project data through the Orpheus Uranium deal

Prospect Resources Limited (PSC: ASX, 5E8:FRA) has announced the completion of a deal with Orpheus Uranium Limited (ASX: ORP) following the satisfaction of agreed-upon conditions. This agreement grants Prospect access to valuable data to advance their...

Prospect Acquires 85% of the advanced copper-cobalt project in Zambia

Prospect Resources Limited has acquired an 85% interest in the Mumbezhi Copper Project in Zambia, solidifying its position in the battery and electrification mineral sector in Africa.Patricia RwafaManaging Director and CEO Sam Hosack highlighted the significance...

Prospect acquires 100% of Omaruru Lithium

Prospect Resources Limited (ASX: PSC) has announced the execution of an agreement with Osino Resources Corp. (OSI.TSXV) (Osino) to acquire Osino's residual 60% interest in Richwing Exploration (Pty) Ltd (Richwing), which holds a 100% ownership of...

Kavango Begins 16-line KM IP Over Four Prospects at Hillside

London Stock Exchange-listed Southern Africa-focused metals explorer, Kavango Resources plc, has commenced ground-induced polarisation (IP) surveys over four Hillside Gold Projects in Bulawayo.Rudairo MapurangaAccording to the company's CEO, Ben Turney, Kavango is completing 16-line km of...

Galileo Resources Advances Strategic Acquisition in Zimbabwe

Secures 80% Stake in Lithium & Gold ProjectsGalileo Resources plc, has successfully fulfilled all conditions of the acquisition of an additional 51% shareholding in BC Ventures Limited. The announcement comes as a follow-up to the...

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