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Vast Resources plc is an AIM listed mining and resource development company focussed on the rapid advancement of high quality brownfield projects and recommencing production at previously producing mines.
With this strategy, Vast Resources commissioned the Manaila Polymetallic Mine in Romania in 2015 and is currently producing a copper concentrate, zinc concentrate and pyrite concentrate with gold and silver credits, from this operation. The Board also anticipates commissioning a second mine, the Baita Plai Polymetallic Mine in Romania, in the near term, with work under way towards obtaining the relevant permissions to start developing and ultimately commissioning the mine.
The Company has a broad portfolio of additional exploration and development projects in Romania and additional interests in Southern Africa, including a controlling interest in the producing Pickstone-Peerless Gold Mine in Zimbabwe that has a JORC resource of circa 3.56 million ounces.