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Share Price: 0.34

Bid: 0.33

Ask: 0.35

Change: 0.01 (3.03%)

Spread: 0.02 (6.061%)

Open: 0.33

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IN BRIEF: Vast Resources quarterly copper concentrate grade falls

Wed, 07th Feb 2024 11:22

Vast Resources PLC - mine development company with interests in Romania, Tajikistan and Zimbabwe -

Mines 24,178 tonnes of copper a its Baita Plai polymetallic mine in Romania, with a copper concentrate grade of 18% in the fourth quarter of 2023. This is a 39% increase from 17,343 tonnes in the corresponding quarter the year before, but says the copper concentrate grade was lower in 2023 from 23% in 2022. "As expected, the average copper concentrate grade decreased during the quarter due to the area that was being mined. However, subsequent to the period end, the quality of concentrate has improved as the company begins to access higher grade zones," it says.

Current stock price: 0.085 pence, down 5.6%

12-month change: down 87%

By Sabrina Penty, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

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10 Dec 2020 11:11

Vast completes first commercial sale from Baita Plai, flags second sale

(Sharecast News) - Production and development company Vast Resources updated the market on the first commercial sale of concentrate produced at its Baita Plai Polymetallic Mine in Romania on Thursday.

9 Dec 2020 09:51

Vast Resources signs asset-backed term sheet, raises £4.85m

(Sharecast News) - Mining company Vast Resources announced on Wednesday that its term sheet with an unnamed international banking institution had now been agreed between the bank's executive team and the company.

23 Nov 2020 12:03

Vast Resources to complete first Baita Plai concentrate sale

(Sharecast News) - Vast Resources said on Monday that the first commercial sale of concentrate produced at its Baita Plai Polymetallic Mine in Romania is expected to conclude on 25 November.

16 Nov 2020 16:03

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13 Nov 2020 10:50

Vast Resources increases exploration target at Baita Plai

(Sharecast News) - Vast Resources announced an increase to the exploration target for its Baita Plai Polymetallic Mine in Romania on Friday.

29 Oct 2020 19:08

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26 Oct 2020 13:33

Vast Resources makes progress on financing at Baita Plai

(Sharecast News) - Vast Resources updated the market on its recent operational and financing progress on Monday, announcing a placing to raise £1.75m at 0.16p per share, to provide additional working capital following the recent cash settlement of its conversion notice, and funding through to payment in full from first copper sales to Mercuria.

22 Oct 2020 21:46

Latest Share Chat

Vast Res Share News (VAST)

Share Price Information for Vast Res (VAST)

IN BRIEF: Vast Resources quarterly copper concentrate grade falls

EXECUTIVE CHANGES: AIB Taps Former DCC CFO As Non-Executive Director

Vast completes first commercial sale from Baita Plai, flags second sale

Vast Resources signs asset-backed term sheet, raises £4.85m

Vast Resources to complete first Baita Plai concentrate sale

UK Shareholder Meetings Calendar - Next 7 Days

Vast Resources increases exploration target at Baita Plai

IN BRIEF: Vast Resources Loss Narrows; Publishes Baita Plai Report

IN BRIEF: Vast Resources Plans Fundraise; Baita Plai Report This Week

Vast Resources makes progress on financing at Baita Plai

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Vast Resources begins flotation plant production at Baita Plai

Vast Resources reports progress with Baita Plai financing process

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Vast Res Share News (VAST)

Share Price Information for Vast Res (VAST)

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