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Search results: Vast Resources

Vast Resources Finally Reclaims Historic Diamond Parcel After 15 Years, Eyes Zimbabwe Expansion

London Stock Exchange-listed diamond mining company Vast Resources Plc has officially regained control of its historic diamond parcel in Zimbabwe after a prolonged 15-year dispute. The long-awaited inspection of the sealed security boxes confirmed that the...

Vast Resources eyes becoming a major player in Zim mining revival

London Stock Exchange-listed mining and exploration junior Vast Resources PLC (AIM: VAST) has vowed to become a major player in the re-emergence of the mining industry in Zimbabwe, the group Chief Executive Officer Andrew Prelea has...

Vast Resources pulls out of deal to buy Botswana’s Ghaghoo diamond mine

London-listed Vast Resources said on Tuesday it had pulled out of a $4 million deal to buy Ghaghoo diamond mine in Botswana from Gem Diamonds, without giving reasons. In August, Gem Diamonds entered into a binding share...

Vast Resources: can the struggling miner really turn things around?

AIM-listed mining company Vast Resources (AIM: VAST) has been taking a beating in the markets, with its share price down 78% to date and rumours floating about its future prospects.Due to labour constraints, supply chain issues,...

Vast Resources Confirms Copper Concentrate Production at Baita Plai

Vast Resources plc, the AIM-listed mining company, is pleased to confirm that following the announcement of 7 October 2020 the flotation plant is now fully operational and producing concentrate.The Company also wishes to update the market...

Vast Resources’ Baita Plai Recommences Production

Vast Resources plc, the AIM-listed mining company,  is pleased to confirm that production has recommenced at its Baita Plai Polymetallic Mine (“Baita Plai”) in Romania.Following the recommencement of mining, the Company can confirm that daily blasting...

Vast Resources commences production at Baita Plai polymetallic mine

Vast Resources PLC (LON:VAST) has confirmed that production has recommenced at its Baita Plai polymetallic mine in Romania and that it is on track to meet its October production and sales targets.The AIM-listed mining company said that following the...

Vast Resources wishes Mabhudhu well

Vast Resources plc, the AIM-listed mining company, is pleased to update the market on its operations in Zimbabwe. The Company is proud to announce that Mark Mabhudhu, Executive Director of the Company’s Diamond Division, has received an...

Vast Resources update on Baita Plai Polymetallic Mine

Vast Resources plc, the AIM-listed mining company, is pleased to update the market on progress at its Baita Plai Polymetallic Mine “Baita Plai” in Romania. Following the previous announcement made on 8 September 2020 regarding the new...

Vast Resources raises £600 000 (US$748 000)

• Vast is set to commence operations in Chiadzwa Aim-listed Vast Resources has raised £600 000 through a placing of almost 400-million ordinary shares of 0.1p in the company at a price of 0.153p apiece. The placing was...

VAST resources to soon commence diamond operations in Chiadzwa

VAST Resources (Vast) will soon commence operations at its Zimbabwean unit, with the government indicating that all internal processes leading to the conclusion of the joint venture (JV) would be finalised in March this year.The AIM-listed...

Vast Resources gets funds for Romania, Zimbabwe projects

BH24 Reporter HARARE – Mining firm Vast Resources has signed documentation for a new US$13,5 million financing arrangement which is set to cover the costs of reaching production at the both the Baita Plai mine in Romania and...

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