Vast Resources to soon start initial trial production at Baita Plai mine in Romania

MINEX Forum | December 23, 2019
img0 UK-based Vast Resources said that it will shortly start initial trial production at its Baita Plai polymetallic mine in central Romania. The current cold commissioned capacity is up to 7,000 metric tonnes per month and will be progressively increase to 14,000 metric tonnes per month following the arrival of the new equipment from China in ...

Vast raises £600 000 for Romania, Zim projects

MINEX Forum | April 15, 2019
img0 Aim-listed diversified miner Vast Resources has raised £600 000 through a placement and subscription of around 440-million shares at a price of 0.135p apiece. The placing was for 407-million ordinary shares, and the subscription was for 37-million shares, of which 29-million and 7.4-million shares were taken up by directors Roy Tucker and Andrew Prelea, respectively. ...

Vast Resources acquires stake in polymetallic ‘Blueberry’ project in Romania

MINEX Forum | August 23, 2018
img0 Vast Resources PLC’s (LON:VAST) Andrew Prelea discusses with Proactive Investors their decision to acquire a 29.41% interest in the Blueberry project – host to highly prospective polymetallic mineralisation and which sits in a prolific part of western Romania. Prelea also updates on the wait for the Baita Plai licence as well as the latest on ...

Vast Resources sells its African assets to develop Romanian project

David McHutchon | February 1, 2017
img0 Image: Vast Resources Vast Resources plc, the AIM listed mining company with operations in Romania and Zimbabwe, announced that it has signed a conditional agreement for the partial disposal of a non-controlling interest in its Pickstone-Peerless Gold Mine and Giant Gold Mine providing gross proceeds of US$8 million principally to advance the Company’s core activities in ...