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A look at the week’s highlighted news for the junior miners
Company
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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A look at the week’s highlighted news for the junior miners
The deal means Vast owns 100% of the producing Manaila polymetallic mine in Romania
The upgrade will result in a 100% increase in installed primary milling capacity
Vast has provided an update on the strategic investment by SSCG Africa Holdings
As chief geologist, Harvey has delivered a number of milestone achievements for the company
Some the main risers and fallers in London at 2.45pm: Quadrise, Concha, Oilex
Investments and investor services
Around 3.30pm, the FTSE 100 index was up almost 28 points at 7,371, just below the day’s best level of 7,376, having only hit a low of 7,342
"We look forward to keeping shareholders updated with further progress at Faneata, which includes the upcoming delineation of a JORC compliant mineral resource"
Some of the largest share price rises and falls in London at 3.45pm: GoTech, North River, PCG Entertainment
Vast Resources increased production at the Manaila mine in Romania during the quarter
Investments and investor services
FTSE 100 shares were dragged lower by banks such as HSBC and RBS on Tuesday
The board believes Vast is now fully-funded through to positive cash flow at the Manaila and Baita Plai polymetallic mines.
Some of the largest rises and falls in London at 3.15pm: EQTEC, Goldplat, Feedback
Investments and investor services
The FTSE 100 ended flat on Monday as Unilever shares sank in the wake of Kraft Heinz saying it had abandoned its proposed merger which would have been one of the biggest in corporate history
Archive
Gfinity gets Mediacom on board for e-sports project; Scancell inks collaboration deal with leading US lung cancer foundation; and Richland Resources beats production targets at Capricorn mine
Vast is one of the few junior mining companies around that can actually boast real progress over a difficult year
The largest share price rises and falls in London at 15.45