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General mining & base metals

Vast Resources will complete first commercial concentrate sale on Wednesday

Vast Resources is also set to deliver significant value from a diamond project in Zimbabwe

Vast Resources PLC (LON:VAST) has said it is finalising the sale of its first commercial concentrate from the Baita Plai polymetallic mine in Romania.

The sale is expected to conclude on November 25, 2020.

Vast received confirmation over the weekend, from Mercuria, the company’s offtake partner, following a delay from the previously anticipated schedule.

The company is expected to generate significant cashflow from Baita Plai in the coming months and years.

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