Vast Resources : VAST

News

• 21 Feb 2017 2 min read

  Vast Resources stock rose 9% on production update

  Vast Resources (VAST:AIM) Quarterly production and operations update for the three months ended 31 December 2016, for their mines in Romania and Zimbabwe. Their 50.1% owned Manaila Polymetallic mine in Romania saw a 44% increase in copper concentrate production over the previous quarter, producing 889 tonnes at an average 19.5% copper. Zinc concentrate production increased […]

• 05 Jan 2016 1 min read

  Vast secures £5 million equity funding

  Vast Resources plc has concluded an agreement that will see a US family office invest £5 million in the company to enable it to progress its Romanian projects. Vast has issued 156.25 million new share units (including 156.25 million warrants) at a price of GBp0.8 per share to the investor for the first tranche of […]

• 23 Oct 2015 1 min read

  Vast to double capacity at it Romanian polymetallic mine

  Vast Resources plc plans to double the plant capacity at its 50.1%-owned Manaila mine, in Romania, to 2.4 Mt/y by re-commissioning a second mill. The cost of the second mill is estimated at US$0.2 million. The open pit mine commenced production in July this year. As part of its plans for Phase 1 of the […]

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