From Yahoo Finance: 2025-04-16 06:52:00

Prospect Resources secures $9.5m investment from First Quantum Minerals for Mumbezhi Copper Project in Zambia. FQM to hold 15% stake, nominate board member, and offer technical expertise. Phase two drilling to start in Q2 2025. Funds raised will support exploration activities. Eagle Eye Asset Holdings also invests A$2.8m. Financial adviser: Azure Capital, legal counsel: King & Wood Mallesons. First Quantum suspends arbitration against Panama’s Cobre Panama mine in March 2025.



Read more at Yahoo Finance: Prospect secures $9.5m from First Quantum for Mumbezhi Copper Project in Zambia