14th Jul 2025 13:30
(Alliance News) - Vast Resources PLC on Monday said it has made progress in preparing diamond parcels for sale, following a detailed beneficiation process to enhance the value of stones recovered under a historic settlement.
The London-based miner in Romania, Tajikistan and Zimbabwe said it has worked with specialist consultants in recent weeks to refine cleaning and sorting methods for the eluvial diamonds, which it described as "unique in character" and requiring multiple layers of preparation.
Vast said its goal is to be involved across the diamond value chain to maximise shareholder returns, noting this as a "unique opportunity" that may lead to further commercial prospects.
The company shared example photos of around 500 carats of mixed 4 to 6 carat stones undergoing various processing stages via a link to the London Stock Exchange and its social media channels.
Shares in Vast Resources were down 7.8% at 0.33 pence in London on Monday afternoon.
By Eva Castanedo, Alliance News reporter
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