Vast Resources hires experienced processing manager for Baita Plai
Vast Resources has a broad portfolio of assets in Romania and Zimbabwe
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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Vast Resources appoints new underground mine manager at Baita Plai
Fernández is part of a new full-time management team on site as the company implements a revised mine plan this year
Vast Resources reveals mechanised mine plan for Baita Plai
"The capex required for this process is fully funded from existing resources and we expect to deliver a healthy revenue and cashflow from this asset during the 12 months from 1 April 2021,” said chief executive Andrew Prelea
Vast Resources looks to accelerate mine plan development at Baita Plai
"The next two weeks should be an enormously constructive period for Vast as we physically assemble the key elements responsible for delivering on our revised and upgraded mine plan at Baita Plai," said chief executive Andrew Prelea
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Vast Resources updates on developments at Baita Plai, revises mining plan
The company said the revised plan incorporates a move away from the traditional labour-intensive mining methods within the existing plan to a more modern mechanised mining method at the site in Romania
Vast Resources pushes towards production in Romania and Zimbabwe
Vast expects to begin extracting concentrate from Romania's Baita Plai shortly
Vast Resources well placed to tap into EV metal demand after productive first half
Underground drilling is “moving ahead” to determine the further potential of Romania’s Baita Plai polymetallic mine
Vast Resources appoints new general manager at Baita Plai
Marcus Brewster, a senior mining professional with 24 years of open pit and underground experience, will join the company on March 1
Vast Resources updates on restructuring plans
Vast Resources has a diverse portfolio of assets in Romania and Zimbabwe
Vast Resources receives payment for first delivery of concentrate from Baita Plai
The delivery was announced in November and another delivery is expected to be made before the end of this year
Vast Resources to raise £4.8mln in placing as debt financing advances
“The asset-backed debt facility is a key corporate and commercial objective for Vast," said chief executive Andrew Prelea
Vast Resources completes first commercial sale of Baita Plai concentrate
The sale was originally announced on Monday after the company received confirmation from its offtake Mercuria over the weekend
Archive
FTSE 100 finishes comfortably in the green, Dow Jones breaks 30K
The Dow Jones industrial average hit a new intra-day high today
Vast Resources takes ownership of Baita Plai to 100%, following resolution at annual meeting
Vast Resources owns significant assets in Romania and Zimbabwe
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 on the brink of first concentrate sale
The transaction is expected to formally complete next week.
Vast Resources expands exploration target at Baita Plai
“The significant value potential of Baita Plai continues to reveal itself," said chief executive Andrew Prelea
Vast Resources could be generating more than US$70mln in revenues from Baita Plai and Chiadzwa by 2022
Vast has recently signed a non-conversion agreement with Atlas
Vast Resources publishes JORC resource for Baita Plai
The report provides a solid resource base to underpin a fair market company valuation.