Company
Vast Resources PLC
LON:VAST
Vast Resources plc is an AIM-quoted mining and exploration company dedicated to the discovery, development, and production of precious and base metals. The company has a long-standing presence on the ground in both Romania and in Zimbabwe.
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John Lewis of Hungerford serves up a treat for relieved investors
Some of the main news driven risers and fallers at 3.40pm…
Vast Resources arranges bridge loan ahead of completion of Baita Plai deal
Obtaining the right to mine at Baita Plai will be a significant milestone, according to Vast, which arranged a US$1.8mln bridge to avoid funding delays at the project
VAST Resources set for another big step forward after Baita Plai selection
Junior might have three mines in operation by the end of 2017
Vast Resources set to start mining at Baita Plai after licence boost
Baita, the holder of the head licence at the site, chose Vast after a competitive process
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FTSE 100 closes higher as traders enjoy 'quiet in the storm'
London's FTSE 100 was trading steadily in Wednesday afternoon's exchanges.
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Palace Capital shares edge up as it receives planning approval for York property development
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Vast Resources says it has received matching investment terms from Sub-Sahara Goldia
Sub-Sahara said it wishes to work with the Investor, using the Investor's expertise in Romania
FTSE 100 sees losses virtually across the board
Down on the day but up on the week - just. The FTSE 100 finished down 64 points on the day
Acacia Mining’s Tanzania tax battle was in the spotlight
Just days after the Tanzanian authorities slapped the miner with a S$190bn bill for unpaid taxes and penalties, on Friday it emerged that a senior Acacia Mining employee was arrested at the airport.
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Some froth knocked off Mitchells & Butlers' shares after trading update boost yesterday
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Vast Resources shares tick higher on strong operational quarter
The Manaila polymetallic mine recorded a 41% increase in the amount mined during the three months
FTSE 100 fagged out as US Food and Drug Administration targets nicotine levels in cigarettes
Despite the beating meted out to IMPs and BATs, the Footsie rallied in the last half hour to trim its heavy losses
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Vast Resources inks US$10mln funding deal for Romania project
"The proposed investment by a strategic investor of up to US$10mln should enable us to execute our strategic objectives in Romania"
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Feasibility study of Vast's proposed tailings facility at Faneata is nearly complete
A tailings facility at Faneata would offer an additional source of revenue for Vast Resources
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Vast Resources buoyed by clearance of SSA investment
... and breathe out. The Reserve Bank of Zimbabwe has pulled its finger out and OKayed the investment
Savannah Resources jumps higher as it completes scoping study at Mutamba
Some of the main risers and fallers in London at 3.45pm
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Vast Resources confident SSA investment will be completed in the near term
The strategic investment into Vast by SSCG Africa has been held up by delays at the Royal Bank of Zimbabwe
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Tlou Energy Limited (LON:TLOU) highlighted the progress made with the group’s Lesedi coal bed methane (CBM) project, in Botswana, for the quarter ended March 31.
Vast Resources surges as Knelson concentrator comes online early
It represents a third revenue stream for Vast Resources
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Vast Resources battles through tough weather conditions in first quarter
Weather conditions were challenging in the first quarter but things are getting back to normal.
Motif Bio gains as Rodman & Renshaw hikes target price
A look at the top risers and fallers in London on Monday
Vast Resources moves closer to strategic investment by SSCG
Completion of all aspects was dependant on three conditions to be met by April 7
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Vast Resources looking to improve Faneata grades through the concentration process
With an anticipated total processing recovery of 36%, Faneata has the potential to deliver a 44% margin over a period of 16-20 months
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Vast Resources booms as it acquires remaining 49.9% of Sinarom Mining
The deal means Vast owns 100% of the producing Manaila polymetallic mine in Romania
Vast Resources on track with Pickstone-Peerless upgrade
The upgrade will result in a 100% increase in installed primary milling capacity
Vast Resources a step closer to receiving funds from sale of Zimbabwean assets
Vast has provided an update on the strategic investment by SSCG Africa Holdings
Vast Resources appoints familiar face as chief operating officer
As chief geologist, Harvey has delivered a number of milestone achievements for the company
Investors jump ship as Quadrise's fuel trial is halted
Some the main risers and fallers in London at 2.45pm: Quadrise, Concha, Oilex
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FTSE up with copper, FTSE 250 marks record 19,000 as Scots want referendum
Around 3.30pm, the FTSE 100 index was up almost 28 points at 7,371, just below the day’s best level of 7,376, having only hit a low of 7,342
Vast Resources reports significantly higher grades at Faneata tailings dam
"We look forward to keeping shareholders updated with further progress at Faneata, which includes the upcoming delineation of a JORC compliant mineral resource"
GoTech in demand as NHS pilot scheme mooted
Some of the largest share price rises and falls in London at 3.45pm: GoTech, North River, PCG Entertainment
Vast Resources highlights operational improvements in Romania and Zimbabawe
Vast Resources increased production at the Manaila mine in Romania during the quarter
Investments and investor services
FTSE shares fall led by HSBC earnings disappointment
FTSE 100 shares were dragged lower by banks such as HSBC and RBS on Tuesday
Vast Resources soars as it says it is fully-funded
The board believes Vast is now fully-funded through to positive cash flow at the Manaila and Baita Plai polymetallic mines.
EQTEC steps on gas as parent converts loan
Some of the largest rises and falls in London at 3.15pm: EQTEC, Goldplat, Feedback
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FTSE closes flat as Unilever holds market back
The FTSE 100 ended flat on Monday as Unilever shares sank in the wake of Kraft Heinz saying it had abandoned its proposed merger which would have been one of the biggest in corporate history
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Vast Resources eyes big opportunity in Romania
Vast is one of the few junior mining companies around that can actually boast real progress over a difficult year
Filtronic unsettled by outlook
The largest share price rises and falls in London at 15.45
Vast Resources gets cash injection
Vast has achieved funding achieved without diluting shareholders
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Bellzone Mining soars after new loan agreement
Some of the main share price movers in London at 1.15pm
FTSE 100 hits record high, small-cap FTSE AIM 100 marks 3-year peak
FTSE 100 shares marked a fresh record high on Wednesday and small-caps scaled their highest in nearly three years, as investors, traders and mining stocks were in a more festive mood than their counterparts on Wall Street
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Vast soars as backers show interest
Vast has expanded its Romanian footprint and is currently conducting discussions with large private equity funds and investors interested in backing its Romanian subsidiary
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Vast Resources to expand zinc and copper production at Manaila
A flotation line introduced in September is now consistently producing a concentrate in excess of 30% zinc.
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Vast Resources moves into the black
The bulk of Vast's management time is spent on its Romanian interests
Major strategic shifts lie behind the upward surge in copper
High-level macroeconomic trends underpin the recent upward move in copper
Vast Resources sees sharp rise in metals prices
Manaila, in Romania, now also has a zinc concentrate line in addition to copper concentrate.
Vast Resources not to use drawdown facility
New alternatives to raise the money are now being sought it said.
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Just a day after outlining plans to bring in up to US$1.2bn of new funds, Sirius revealed on Thursday the process was ostensibly complete.
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Vast Resources looking to monetise Faneata tailings as it starts drilling
Previous sampling suggests the tailings contain economic minerals, including 4,080 tonnes of copper, 6,640 tonnes of zinc, 3,100 tonnes of lead, 35 tonnes of silver and 309kg of gold.
Vast Resources has new chairman until AGM
It comes after the firm said current chairman William Battershill will be retiring as director at the AGM by rotation.
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Vast encouraged by maiden resource at Zambia phosphate and rare earths project
The JORC resource is based on 11 holes, which were drilled by KLL
FTSE 100 shares close lower after sterling hits 168-year weighted nadir
FTSE 100 shares closed near their nadir of the session on Wednesday, after US markets were unable to offer any respite from sterling hitting a 168-year low on continued Brexit woes
Vast Resources agrees loan facility with Bracknor for up to US$5mln
Bracknor has subscribed for US$2mln of notes, which are interest free and can be converted into Vast shares at any time for 12 months
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London's largest share price rises and falls at 4pm
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Vast Resources starts zinc concentrate production in Romania
Zinc will be a second commodity revenue stream in addition to copper
Vast Resources' prelims chart the miner's transformation
Financially, this was apparent as the company posted revenues of US$7.2mln in for the 12 months to March 31
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Photo-Me is buying the photo division of supermarket giant Asda, ITM Power has signed a fuel supply contract with Commercial Group and Metal Tiger
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Tourists visiting Britain went on a spending binge last month, with the Japanese visitors proving particularly profligate.
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ITM Power revved up the leader board as it sealed a deal with office supplies firm Commercial Group
Vast Resources enjoys strong quarter at Pickstone-Peerless
During the quarter, the plant consistently processed more than 20,000 tonnes of ore a month and is now running at a steady state.
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