Arcadia lithium project

Prospect Resources

Prospect Resources raises A$6 million to fast track Arcadia project

ASX-listed African lithium developer Prospect Resources has received subscriptions for 46.15 million new ordinary shares at A$0.13 per share to raise A$6 million before costs.
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Prospect Resources signs petalite offtake agreement

African lithium developer, Prospect Resources has secured a new long-term offtake partner for its Arcadia Lithium Project.
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Prospect Resources appoints financial advisor

On 12 December 2019, Prospect Resources entered a Memorandum of Understanding (MOU) with Uranium One Group JSC (Uranium One).
Prospect Resources

Arcadia’s ultra-low iron petalite gets the thumbs up

ASX-listed lithium company, Prospect Resources recently announced that its ultra-low iron petalite product from its Arcadia lithium project in Zimbabwe has progressed through the...
Prospect Resources

Prospect Resources inks debt facility with Afreximbank

African lithium company, Prospect Resources has appointed African Export-Import Bank, or Afreximbank, to arrange and manage the primary syndication of a US$143 million project finance debt facility.
Prospect Resources

Prospect Resources one regulatory approval away from acquisition

Prospect Resources has received all but one Zimbabwean regulatory approval – which it expects to receive in due course for the 17% interest in Arcadia.
Prospect Resources

Prospect Resources in talks for power supply to Arcadia

ASX-listed African lithium developer Prospect Resources has signed a memorandum of understanding with African Continental Minerals for the supply of power to the Arcadia lithium project in Zimbabwe.
Prospect Resources

Prospect Resources granted approval to increase ownership in Arcadia lithium project

The Reserve Bank of Zimbabwe has approved African lithium developer Prospect Resources’ acquisition of an additional 17% of its Arcadia lithium project.
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Prospect Resources sells DRC exploration business

ASX-listed Prospect Resources has agreed to sell its exploration business in the Democratic Republic of Congo to New Energy Metals.
Prospect Resources

Prospect Resources: Showing juniors how it’s done

Prospect Resources has taken a unique approach towards building its business and as such is a true stand-out amongst its Africa-focused junior mining peers.

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