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Vast Resources to expand zinc and copper production at Manaila

Published: 07:42 21 Dec 2016 GMT

picture of zinc ore
Manaila will soon be producing copper, zinc, gold and silver

Vast Resources PLC (LON:VAST) is planning a major expansion of zinc and copper production at its Manaila mine in Romania

The miner has just started sales of a zinc concentrate mined from Manaila.

A flotation line introduced in September is now consistently producing a concentrate in excess of 30% zinc.

Vast sold its first 200 dry metric tonnes (dmt) of zinc concentrate this month and production is now running at 80 dmt per month.

The aim is to increase this by up to 85% by the end of the next half year and to boost the grade of zinc in the concentrate to 45%.

Vast will also introduce a second copper flotation line at Maniala early in the New Year alongside a gold and silver tailings recovery facility.

Roy Pitchford, Vast’s chief executive, said: "The Manaila mine is now really bearing fruit for Vast - the lessons learnt over the past 12 months have been implemented and the mine is now generating cash flow from both copper and zinc concentrate sales.”

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