Zimbabwe, it has oft been reported, is a basket case of a country renowned for human rights violations and a severely dysfunctional economy. Infla tion is running at about 60%. And yet, some Western miners have been mak ing money there, big time, prompting investors in London to sit up and take notice. Step forward ASX-listed Prospect Resources, which cut a deal recently to sell its 87% stake in the Arcadia lithium project to a Chinese company for a whopping $377.8 million. Admittedly, that's before Prospect has paid capital gains taxes, but sources say the com pany has made a huge return on its investment: the shares are up nearly 400% in a year.
NSTL
