Articles On Prospect Resources (ASX:PSC)

Highlights ASX Energy Stocks led the market higher in early trade, with strong movement from companies transitioning to full-time production. Gold-related activity remained elevated, as exploration updates and capital raisings in...

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 p...

Copper explorer Prospect Resources to soar with $15.2m investment from $15bn copper giant First Quantum Minerals 15c share issue priced at 36% premium, with as much as $18.5m to be raised in total First Quantum produces ~400,000tpa of copp...

Morning, and welcome to Stockhead’s Top 10 (at 11… ish), highlighting the movers and shakers on the ASX in early-doors trading. With the market opening at 10am sharp eastern time, the data is taken at 10:15, once trading kicks-off in earnes...

Prospect times to perfection its Mumbezhi project, which has clear indicators of massive scale potential With growing demand for copper Prospect is confident in the future of Mumbezhi, now with granted mining licences Leans heavily on regi...

Termite hill sampling defines a 400m x 400m undrilled bullseye geochemical anomaly at Nyungu South Prospect has established it as a priority target for Phase 2 drilling The next stage of drilling is set to kick off next quarter   Specia...

Highlights: Prospect Resources (PSC) identifies a geochemical anomaly at Nyungu South, highlighting it as a key exploration site. Termite hill sampling confirms strong copper presence, leading to upcoming drilling in the next phase. Z...

Highlights Medallion Metals (MM8) sees growing demand for its copper-gold project with strong offtake interest. Prospect Resources (PSC) secures key mining licenses for its Zambian copper project. Spartan Resources (SPR) announces a m...

Highlights ASX climbs 0.75% driven by China’s stimulus push and Wall Street’s rebound. Copper prices hit a five-month high, boosting related stocks. Merger and acquisition activity heats up across various sectors. The Australian S...

Medallion Metals is attracting strong offtake interest for the copper-gold concentrate to be produced from the proposed Ravensthorpe-Forrestania development Prospect Resources has been granted two Large-scale Mining Licences (LML) covering...

ASX rises on global optimism and China boost Energy and miners shine, Mineral Resources jumps after upgrade Copper hits five-month high, gold edges up   The ASX kicked off the week with a 0.75% bump as global sentiment surged. Today’s reb...

Highlights: Prospect Resources secures large-scale mining licenses for the Mumbezhi copper project in Zambia, ensuring long-term operational rights. The project aligns with Zambia’s objectives to expand copper production in the coming...

Prospect Resources’ maiden copper tally significantly derisks its Mumbezhi project Updated exploration target shows huge untapped upside Zambia looking towards the mining sector to drive its economic growth   Special Report:  Prospect Res...

Highlights The Mumbezhi project has revealed a resource of over 500,000 tonnes of contained copper. The estimate reports 107.2 million tonnes at an average grade of 0.5% Cu (copper). Nyungu Central provides a significant portion of th...

Prospect Resources (ASX:PSC) has published a maiden mineral resource estimate (MRE) for its Mumbezhi project in northwest Zambia, highlighting that it contains more than 500,000 tonnes of contained copper. The MRE – mainly built around t...

Highlights Prospect Resources has announced an initial copper resource at the Mumbezhi project in Zambia, marking a key milestone in project advancement. The estimate indicates over half a million tonnes of contained copper, with...

Prospect finds IP surveying to be an effective, low-cost targeting tool at the Nyungu Corridor Historical IP anomaly found to correlate with high-grade Phase 1 drill intercepts at Nyungu Central Metallurgical testwork is continuing while P...

One of Australia’s top mining journalists, Kristie Batten writes for Stockhead every week in her regular column placing a watchful eye on the movers and shakers of the small cap resources scene.   Future Battery Minerals (ASX:FBM) has put i...

A maiden resource is the first substantive step to establish a viable mining operation Until a resource has been published it is hard to value and provide confidence around a project These 11 explorers are set to deliver maiden JORC resour...

Prospect Resources (ASX:PSC) remains “firmly on track” in terms of accelerating phase one drilling and the targeted publication of a maiden mineral resource estimate for the Nyungu deposits in Q1 2025. Announcing assay results from its p...

ASX faces a rough start as US job figures miss expectations Nvidia and Broadcom hit hard by a chip stock sell-off VanEck to launch Australia’s first global defence ETF   The ASX is in for a rough start on Monday after US job figures came...

ASX rises on Wednesday after soft June Qtr CPI bump All sectors end higher Small caps led by GTE and SPA   The local benchmark index is back in record territory after extended gains on Wednesday as quarterly inflation data assuaged fea...

ASX 200 punches it, record highs back in view  11 of 11 sectors higher, like a well-oiled machine  Great day for small caps, goldies and Augustus Minerals Local markets surged this morning after yet another record-breaking night for Wa...

Prospect Resources starts drilling to define and extend copper mineralisation at its Mumbezhi Project in Zambia Drilling will focus on the Nyungu Central deposit and will also test opportunities to broaden mineralisation along strike and a...

ASX closes dead flat after struggling for traction all day REITS, Insurers among the day’s very few winners Guzman y Gomez makes a stellar debut, while Terra soars   The local benchmark index went limp in my hands on Thursday, curling ov...

Aussie stocks start the week flat; energy and tech sectors lead declines Investor caution prevails ahead of RBA rates decision Chinese Premier Li Qiang meets PM in Canberra today   Aussie stocks had a lacklustre start to the week on Monda...

17 Jun 2024 - A snapshot of the stocks on the move, featuring Schrole Group (ASX:SCL), Alderan Resources (ASX:AL8) and Prospect Resources (ASX:PSC).

  Schrole Group (ASX:SCL) announced that it has entered into a Scheme Implementation Deed with TES Aus Global Pty Limited, in which TES will acquire 100% of Schrole for 48.52 cents. The cash consideration of 48.52 cents per Schrole share (S...

Stockhead’s Sarah Hughan sits down with Prospect Resources (ASX:PSC) CFO Ian Goldberg to get the short end of the long story on the company’s latest news. Prospect Resources is a battery and electrification metals company focused on mineral...

ASX down by -0.5pc, weekly loss surpasses 2pc Mining, Energy stocks main laggards today Asian stocks also decline, North Korea fires ballistic missiles   The ASX200 index has dipped lower by -0.5% on Thursday, taking its weekly loss to mo...

30 May 2024 - A snapshot of the stocks on the move, featuring Nanoveu (ASX:NVU), Anson (ASX:ASN) and Prospect Resources (ASX:PSC, FRA:5E8).

  To register for Friday's webinar click here. Nanoveu (ASX:NVU), a company specialising in innovative films and coatings, advises that it has signed a binding Heads of Agreement (HOA) with South Korean company, Rahum Nanotech Co, supersedi...

A Donald Trump presidency – good or bad for the US EV adoption narrative? Does it even matter that much?  Could solid state lithium batteries be set to take over from lithium-ion?  Volkswagen plans to counter BYD’s affordable EV push into...

After months in a trading halt, Leo Lithium will bank US$342.7m from Chinese lithium giant Ganfeng for the last 40% it still holds of the Goulamina lithium mine Along with the deal, Leo has reached an MoU with the Mali Government to pay a...

ASX rallies, with all sectors rallying on Tuesday The RBA holds rate, but keeps door open for more rate hikes Update on Bonza Airlines’ ongoing drama   The Aussie stock market rallied hard on Tuesday, up over +1%, as the RBA decided to ho...

People in management positions have recently upped their stakes in four ASX mining shares. Money talks — which is why it can be seen as a vote of confidence when company insiders buy shares in the companies they're involved in. These are...

Prospect Resources has acquired an 85% interest in the Mumbezhi copper-cobalt project in Zambia for US$5.5m in cash The project was previously explored by Orpheus Uranium (ASX:ORP) and contains numerous economic and near-surface drilling...

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 o...

If you want proof African lithium jurisdictions can compete with those of Western Australia and Canada, look no further than Prospect Resources (PSC). Boasting three projects in Zimbabwe, Zambia and Namibia, Prospect is cashed up, discip...

Stockhead’s In-Case-You-Missed-It highlights today’s most interesting small cap stories that might have slipped beneath your radar. Below is a wrap of the top 20 performing stocks, by percentage, that made announcements today. ICYMI Leaderb...

Kula Gold is showing no mercy on ASX competitors today after announcing maiden drilling at its Cobra lithium project Atlantic still flying, too this arvo, on the back of rejecting non-binding offers from a major shareholder to buy up flags...

Soil sampling outlines lithium pegmatite pathfinder signatures in new areas at Omaruru project Prospect expects to complete Phase 2 earn-in to Omaruru during Q4 2023 Assay results and interpretation of shallow drill programme will inform...

Stockhead’s In-Case-You-Missed-It highlights today’s most interesting small cap stories that might have slipped beneath your radar. Below is a wrap of the top 20 performing stocks, by percentage, that made announcements today.   ICYMI Leade...

Prospect Resources reports assays of 33m at 1.18% Li2O from 81m, including 24m at 1.41% Li2O from 88m at WinBin Company discovered WinBin last month at its Step Aside lithium project Drilling has highlighted potential for discovery to be a...

Azure in trading halt pending “a potential change of control transaction” Azure rebuffed $2.31/sh offer from miner SQM in August, calling it ‘undercooked’ Meanwhile, SQM has bought into the Pirra Lithium, JV, MinRes is running the ruler ov...

Prospect Resources (ASX:PSC) has made a ‘significant’ new discovery through a phase three diamond drilling program at its Step Aside Lithium Project in Zimbabwe.  The $34.2 million market capitalisation company reports 2 scout drillholes...

Gina Rinehart’s Hancock Prospecting throws another $152m at Liontown in Ablemarle blocking move Could drooping lithium prices burst the DSO bubble?  Our High Voltage column wraps the news driving ASX stocks with exposure to lithium, cobal...

Stockhead’s In-Case-You-Missed-It highlights today’s most interesting small cap stories that might have slipped beneath your radar. Below is a wrap of the top 20 performing stocks, by percentage, who made announcements today.   ICYMI Leader...

MRG Metals (ASX:MRQ) has entered into a binding memorandum of understanding (MoU) with Wickbury Investments for a joint venture (JV) on a package of 10 mining licences held by Wickbury over the Shawa Carbonatite Complex in Zimbabwe. Wick...

Future Battery Minerals appoints Nicholas Rathjen as CEO and MD Rathjen’s most recent experience is as head of corporate development at both Green Technology Metals and Prospect Resources His appointment commences on 6 December 2023   F...