Vast Resources enjoys record third quarter

Oct 17, 2017, 12:48 PM

The team at Vast Resources PLC (LON:VAST) tell Proactive they've seen a record third quarter, with operations at the Manaila polymetallic mine in Romania and the Pickstone-Peerless gold mine in Zimbabwe outperforming the previous quarter in terms of tonnes mined, tonnes milled, copper concentrate produced and gold produced.

At Manaila there was a 31% increase in copper concentrate produced, although grade dropped marginally. Zinc production fell, but gold production rose.

At Pickstone-Peerless, in which Vast holds a 25% stake, ore mined and milled hit their highest levels since June 2016.

Gold production by 17% increased to 4,738 ounces.