Proactive weekly mining news, including Asiamet Resources, Fox Marble and more
A look at the news from the small cap mining sector this week
Company
Vast Resources PLC
LON:VAST
Vast Resources plc is an AIM-quoted mining and exploration company dedicated to the discovery, development, and production of precious and base metals. The company has a long-standing presence on the ground in both Romania and in Zimbabwe.
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Feasibility study of Vast's proposed tailings facility at Faneata is nearly complete
A tailings facility at Faneata would offer an additional source of revenue for Vast Resources
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Vast Resources buoyed by clearance of SSA investment
... and breathe out. The Reserve Bank of Zimbabwe has pulled its finger out and OKayed the investment
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Vast Resources confident SSA investment will be completed in the near term
The strategic investment into Vast by SSCG Africa has been held up by delays at the Royal Bank of Zimbabwe
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Vast Resources surges as Knelson concentrator comes online early
It represents a third revenue stream for Vast Resources
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Vast Resources battles through tough weather conditions in first quarter
Weather conditions were challenging in the first quarter but things are getting back to normal.
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Vast Resources moves closer to strategic investment by SSCG
Completion of all aspects was dependant on three conditions to be met by April 7
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Vast Resources looking to improve Faneata grades through the concentration process
With an anticipated total processing recovery of 36%, Faneata has the potential to deliver a 44% margin over a period of 16-20 months