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Vast Resources (VAST) Share News

IN BRIEF: Vast Resources sees shares surge on end to Baita Plai strike

28th Sep 2023 19:50

Vast Resources PLC - London-based mining company with projects in Romania and Zimbabwe - Says that a protest at its Baita Plai polymetallic mine in Romania has come to an end, and operations are now continuing as normal at the site. Follows an announcement on September 22 that some Romanian press outlets had reported strike action by mine workers at Baita Plai. At the time, Vast Resources said: "The strike action, which was undertaken illegally, was reported from the mine and coordinated by a small number of individuals...The majority of the workforce remain supportive of the company and continue to perform their duties on site without impediment; as such the impact on operations at Baita Plai is expected to be minimal." Read More

LONDON MARKET CLOSE: European blue-chips rise in calmer session

28th Sep 2023 16:55

(Alliance News) - London's FTSE 100 managed to push into the green on Thursday, though it fell short of the more convincing gains by European peers, which recovered some poise after a difficult week so far. Read More

Vast Resources shares fall as workers strike at mine in Romania

22nd Sep 2023 17:23

(Alliance News) - Vast Resources PLC shares dropped on Friday, after it updated shareholders on strike action by mine workers at its Baita Plai polymetallic mine in Romania. Read More

IN BRIEF: Vast Resources notes settlement of historical parcel delayed

18th Sep 2023 20:46

Vast Resources PLC - London-based mining company with projects in Romania and Zimbabwe - Announces further delay to settlement of historic parcel, due to the company's recent election process over the past month. Adds that it remains confident of finalising the process. In May, Vast said that it was finalising the recovery of the historic parcel of 129,400 rough diamonds held in safe custody at the Reserve Bank of Zimbabwe pursuant to the High Court order in the company's favour. In August, it said that concluding documentation, this had been delayed to September 29. Read More

Vast Resources hails higher quarterly production at Baita Plai

2nd Aug 2023 12:19

(Alliance News) - Vast Resources PLC on Wednesday reported higher concentrate production at its Baita Plai polymetallic mine in Romania in the second quarter of 2023. Read More

IN BRIEF: Vast Resources Baita Plai mine drilling programme positive

17th Jul 2023 13:30

Vast Resources PLC - London-based mining company with projects in Romania and Zimbabwe - Notes positive drilling results from phase one drilling at Baita Plai mine in Romania. Says 45 metres of the 164 metres that were assayed is ore. Says the exploration programme confirms the potential to extend the mining area. Read More

IN BRIEF: Vast Resources employee killed in "transportation incident"

14th Jul 2023 18:45

Vast Resources PLC - London-based mining company with projects in Romania and Zimbabwe - Reports accident on Friday afternoon at Baita Plai polymetallic mine in which employee "was fatally injured in a mine transportation incident." Mine is located in the Apuseni Mountains in the Transylvania region, Romania. Vast says it is investigating the circumstances independently and jointly with police and other "relevant authorities" and is "providing all necessary assistance for the enquiries into this tragic accident"; will announce further details once enquiries have concluded. Expects production at Baita Plai to resume today following a safety stop. Read More

Vast Resources raises GBP1.7 million; breakeven at Baita Plai

7th Jul 2023 10:38

(Alliance News) - Vast Resources PLC on Friday said it raised money through a share issue and reported operational breakeven for the Baita Plai polymetallic mine in Romania. Read More

TRADING UPDATES: Mycelx wins deal; 88 Energy buys in Texas

3rd Jul 2023 17:31

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More

IN BRIEF: Vast Resources agrees to debt extension with Mercuria

21st Jun 2023 11:49

Vast Resources PLC - London-based mining company with projects in Romania and Zimbabwe - Agrees to debt extension with Mercuria Energy Trading SA to December 30, 2024. Last year, Vast Resources undertook a debt reduction of USD1.0 million to Mercuria, and secured a USD4.0 million asset backed debt facility from A&T Investments Sarl, arranged by Swiss investment banking boutique Alpha Credit SA. Total debt owed to Mercuria is GBP7.7 million. Read More

UK shareholder meetings calendar - next 7 days

19th Jun 2023 15:46

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TRADING UPDATES: Online Blockchain keeping ADVFN at "arms length"

15th May 2023 21:10

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More

IN BRIEF: Vast Resources raises GBP1 million to fund projects

12th Apr 2023 21:13

Vast Resources PLC - London-based mining company with projects in Romania and Zimbabwe - Raises GBP978,967 through a placing of 212.8 million shares at a price of 0.46 pence per share. Says it will use the cash for an immediate upgrade to underground equipment to maintain the underground production ramp up and the continuation of the ongoing drilling programme at the company’s Baita Plai Polymetallic mine in Romania. The company notes that Baita Plai is moving towards its name plate capacity of 14,000 tonnes per month in the first half of 2023, after seeing strong production and sales in the fourth quarter of 2022. Read More

TRADING UPDATES: Northern Venture Trust share offer fully subscribed

3rd Mar 2023 21:52

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More

TRADING UPDATES: Vast Resources receives parcel release court order

6th Feb 2023 14:37

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More

Vast Resources placing raises GBP2.4 million to fund ongoing drilling

6th Feb 2023 09:35

(Alliance News) - Vast Resources PLC on Monday said it raised GBP2.4 million through a placing of 433.2 million new shares at 0.55 pence per share. Read More

Vast Resources expects historic diamond parcel release in coming days

2nd Feb 2023 14:42

(Alliance News) - Vast Resources PLC on Thursday said the High Court of Zimbabwe has granted a default order against the Minister of Mines & Mining Development, in relation to the release of a historic parcel of diamonds. Read More

Vast Resources shares up on "material progress" of claims in Zimbabwe

23rd Jan 2023 11:27

(Alliance News) - Vast Resources PLC shares jumped on Monday after it said "material progress" will be made regarding settlement claims in Zimbabwe during January. Read More

Vast Resources sees fourth quarter production increase; sales multiply

4th Jan 2023 12:18

(Alliance News) - Vast Resources PLC on Wednesday said fourth quarter copper production was up from the third quarter at its Baita Plai polymetallic mine in Romania. Read More

Vast Resources Romania mine production up; second shipment delivered

16th Dec 2022 14:33

(Alliance News) - Vast Resources PLC on Friday said fourth quarter production was up compared to the previous quarter at its Baita Plai Polymetallic Mine in Romania. Read More

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