PROSPECT RESOURCES WINS 2019 INVESTMENT BATTLEFIELD

Arcadia Lithium Project takes home award for most promising project on the continent

Wednesday, 6 February 2019, Cape Town: Prospect Resources was today announced the winner of the 2019 Investment Battlefield for their lithium project located in Zimbabwe.

Executive Director Harry Greaves accepted the award after pitching the project to a panel of judges made up of 25 leading analysts and investors. “The Arcadia Lithium Project represents Prospect’s flagship project. It is one of two mines in the world who can supply the highly profitable ceramics industry.”

Prospect Resources was selected as the most promising of 22 junior mining companies who participated in the battlefield, which included explorers and developers in battery metals, bulk and base metals, precious metals, and energy minerals. The competition is open to mining companies with a market capital of $50 million or below.

The runner up is Orion Minerals for their Prieska Zinc Copper Project, located in the Northern Cape, in one of the most prospective base metals districts in the world. 

Richard Crookes, Investment Director at EMR Capital and one of the judges had this to say about the competition: "We think it is a fantastic concept, the whole shark tank idea is brilliant, I really enjoy judging and I think the audience enjoys the interaction”.

“The Investment Battlefield, now in its third year, is Mining Indaba’s way of supporting and promoting the junior mining industry across Africa,” said Caroline Werner, Investor Relations Manager of Mining Indaba.

The winner receives:

• A free exhibition stand and 10-minute speaking slot at Mining Indaba 2020
• Promotion in the post event report as the winner of the Investment Battlefield (a half-page write up as the hottest emerging mining investment opportunity in 2019)
• 3 free passes to attend Mining Indaba 2020
• Access to the Investor Relations Service for their meeting schedule at Mining Indaba 2020
• 3 nights’ free hotel accommodation for one member of your team at the 2020 conference

The runner up receives:

• Promotion in the post event report as the runner up of the Investment Battlefield.
• Access to the Investor Relations Service for their meeting schedule at Mining Indaba 2020
• Two free passes to attend Mining Indaba 2020

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Press inquiries contact:

Joanna Kotyrba

Investing in African Mining Indaba

[email protected]

R&A Strategic Communications

Pam McLeod

+27 11 880 3924

[email protected] and [email protected]

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About Investing in African Mining Indaba: Investing in African Mining Indaba is the largest mining investment event in Africa. With a proven track record of bringing together Ministers, senior Government representatives, Mining Companies, Mid and Junior Miners, Investors, professional services as well as mining equipment and service providers, Mining Indaba is the place to meet everybody who’s anybody in the African and global mining industry. It is the must-attend event that drives the mining industry forward, provides attendees with an unmatched access to the entire value chain and the most influential players in African mining for four days of high-quality content, deal-making and networking opportunities.