PSC
Director Trades
| Date | Director | Value |
|---|---|---|
| I. Goldberg | $11,880 |
Company News
Prospect Resources secures $15.2m investment from First Quantum Minerals to advance Mumbezhi copper project
Prospect Resources (ASX: PSC) is set to receive a $15.2 million cornerstone investment from global copper miner First Quantum Minerals in return for a 15% shareholding. Prospect expects the investment will help advance its Mumbezhi copper project in north-west Zambia, with the Canadian producer to act as a key technical partner alongside Prospect’s main exploration […]
Market wrap: share market searching for a new theory as interest rate cuts evaporate
Investors are scrambling around looking for a new investment thesis after the long-awaited prospect of global official interest rate cuts continued to fade out of view. A combination of stubbornly resurgent inflation in the United States, the potentially worsening war in the Middle East and the prospect of a US election campaign all contributed to […]
Prospect Resources to acquire 85% stake in Mumbezhi copper project
Prospect Resources (ASX: PSC) has continued to grow its battery minerals presence in sub-Saharan Africa by acquiring an 85% stake in the Mumbezhi copper project in north-western Zambia. The company has secured the acquisition with current owner Global Development Co-operation Consulting Zambia (GDC) for a cash consideration of approximately $8.32 million and $1.5m in Prospect […]
Prospect Resources signs Sibelco NV as offtake partner for petalite from Arcadia lithium project
African lithium developer Prospect Resources (ASX: PSC) has secured global industrial minerals solutions company Sibelco NV as a long-term offtake partner for the ultra-low iron petalite to be produced from its Arcadia project in Zimbabwe. The seven-year agreement is for up to 100,000 dry metric tonnes per year – or up to 700,000dmt over the […]
Prospect Resources tops up cash reserves, alters Sinomine offtake arrangement to secure better terms
Prospect Resources (ASX: PSC) has completed its A$10 million placement to two Sinomine entities, as well as amending an existing offtake agreement with another Sinomine division for its Arcadia lithium project in Zimbabwe to secure “more favourable” financing terms. The A$10 million share placement was completed to Sinomine Resources Exploration and Sinomine International Exploration (Hong […]
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