Vast Resources Releases Quarterly Production Summary

Base Metals Investing

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.

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