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Tag Archives: Vast Resources

First phase of Vast Resources – Mercuria Energy agreement, closed. USD 2.6 M to reach the mines in Suceava and Bihor counties

The British mining company Vast Resources announces that the first phase of the financial agreement signed at the beginning of this year with Mercuria Energy Trading has been successfully executed. As scheduled, from the USD 4 million paid in March, ...

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UK’s Vast Resources got an USD 9.5 M financing for investments in Romania

The British mining company Vast Resources ends the first month of 2018 with the agreement of a USD 9.5 million financing with Mercuria Energy Trading SA, its new partner, one of the largest integrated energy and trading companies worldwide. According ...

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Vast Resources: Quantity of ore mined at Manaila, up by 46 pc in Q3

In the July-September quarter, the quantity of ore mined at Manaila jumped by 46 percent up to 40,462 dry tonnes, while the milled ore quantity grew by 39 percent to 39,135 dry tonnes, Vast Resources informs. Compared to the second ...

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First stage of Vast Resources drilling in Carlibaba, completed

The first 1,000 m from a total of 2,200 m of the drilling program implemented by Vast Resources in Carlibaba has confirmed the development of a new surface mine close to the mine in Manaila. The drilling of Carlibaba confirms ...

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Vast Resources operations at Baita Plai Polymetallic Mine could start before end-2017

Vast Resources plc, the AIM-listed mining company, announces that the company’s subsidiary, African Consolidated Resources SRL (AFCR), has been selected by Baita SA, the holder of the head-licence at the Baita Plai Polymetallic Mine in Romania, to be granted the ...

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Vast Resources starts testing silver and gold production at Manaila mine

British mining company Vast Resources has started the first tests for the precious metals, silver and gold, at the Manaila mine. As a press release informs, the company anticipates that it will be able to extract about 30 tons of ...

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Vast Resources becomes the sole owner of Manaila mine

UK’s Vast Resources becomes the sole owner of Sinarom Mining Group SRL after purchasing the shares and will pay the historical debts registered by the mining company in Suceava before the British company became a shareholder,  a press release informs. ...

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UK’s Vast Resources posted results above expectations at Baita Plai mine

British mining company Vast Resources has announced that the last drilling activities from the tailing dams in Baita Plai (Bihor County), covering 630 meters, confirmed the presence of larger quantities of copper, zinc, lead and even silver than previously estimated, ...

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Vast Resources posts record copper and zinc output at Manaila mine in Q4 of 2016

UK’s Vast Resources has registered important records during October-December 2016, as far as both copper and zinc ore quantities mined from the Manaila plant and operational costs are concerned. According to a press release, in the last three months of ...

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