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copper investing

Vast Resources Releases Quarterly Production Summary

Written by Scott Tibballs
|
Jul. 04, 2018 09:33AM PST

Vast Resources has released its quarterly production summary for Q2 2018, detailing results from its operations in Romania and Zimbabwe.

Vast Resources (LSE:VAST) has released its quarterly production summary for Q2 2018, detailing results from its operations in Romania and Zimbabwe.

According to the company, there was a succesful turnaround for the Manaila polymetalic mine in Romania following a planned plant shutdown and pre-stripping in Q1, and a record quarter at the company’s  Pickstone-Peerless gold mine in Zimbabwe.

Details on the company’s Manaila polymetalic mine are as follows:

  • 70 percent increase in tonnes of ore mined to 26,022 dry tonnes (Q1 2018: 15,344 dry tonnes)
  • 102 percent increase in tonnes of ore milled to 27,497 dry tonnes (Q1 2018: 13,616 dry tonnes)
  • 39 percent decrease in the stripping ratio of waste versus ore to 11.9 x (Q1 2018: 19.4 x)
  • 136 percent increase in copper concentrate produced to 911 dry tonnes (Q1 2018: 386 dry tonnes)
  • 4 percent increase in copper concentrate grade to 17.9 percent (Q1 2018: 17.3 percent)
  • 80 percent increase in zinc concentrate produced to 151 dry tonnes (Q1 2018: 84 dry tonnes)
  • 14 percent increase in zinc concentrate grade to 34.8 percent (Q1 2018: 30.4 percent)

Click here to read the full Vast Resources (LSE:VAST) press release.

copper investing lse:vast zimbabwe
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