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General mining & base metals

Vast Resources says community joint venture agreement at Chiadzwa diamond project will be delayed

Vast Resources has gold and base metals assets in Zimbabwe and Romania

Vast Resources PLC (LON:VAST) has revealed that it now no longer expects official confirmation of the community joint venture agreement at the Chiadzwa diamond project to be delivered by the end of March.

Although the company does expect the community joint venture to complete shortly, the process has been disrupted by the declaration of a 21-day lockdown by the government of Zimbabwe.

Vast said it is expecting a shipment of equipment bound for its Romanian projects to arrive on schedule.

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