Vast Resources PLC
@vast_resources
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Vast Resources is focused on the advancement of our assets in Romania, Zimbabwe and Tajikistan. (LON:VAST)
România, Zimbabwe & Tajikstan
Joined April 2016
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Pinned Tweet
We have a feature article in
@UKInvestorMAG
after today’s news.
“In the first quarter of 2024,
#VAST
has produced 613DMT of
#copper
concentrate from the BP polymetallic mine. Cost savings have been made at the Aprelevka mine,
#gold
production is rising”
6
16
22
It's full steam, or rather
#copper
, ahead with our newly refurbished mill and classifier in action ahead of concentrate production at our Baita Plai Mine in
#Romania
#VAST
#polymetallic
#BaitaPlai
12
41
98
We are excited to share footage of just some of the progress being made at our Baita Plai Polymetallic Mine in Romania ahead of the commencement of production this month
#Vast
#Copper
#Polymetallic
5
47
91
#RNS
alert: Great news at
#BaitaPlai
- the flotation plant is fully operational and we are now producing copper concentrate at our
#polymetallic
mine in
#Romania
#VAST
#AIM
#mining
#buildingBaita
4
33
81
The new steel rail bridge has been completed on schedule with first
#copper
concentrate sales to Mercuria expected in October 2020
#buildingBaita
$VAST
#copper
10
45
77
We are pleased to share footage of the underground loaders arriving on site at our Baita Plai Polymetallic Mine in Romania ahead of the commencement of production which is still expected by the end of this month
#Vast
10
51
75
We are now preparing to move the first underground rock loader and mining jackhammers into the underground section ahead of the commencement of production next month at our Baita Plai Polymetallic Mine in Romania
#Vast
6
28
74
Following the commencement of underground production at Baita Plai you can watch the process in action in the video below where ore is loaded into underground wagons and transported to silos at the flotation plant
#VAST
14
34
71
#Copper
concentrate production at our Baita Plai Polymetallic Mine in Romania. In this clip you can see ore being transported on conveyor belt from the crushers to the mill.
#Vast
#Processing
2
23
69
#VAST
continues to successfully implement the upgraded mine plan at Baita Plai, and we remain on track to achieve the plan results.
4
18
66
We are pleased to provide an update on Baita Plai, having received all containers of equipment at site, we anticipate the underground production to begin next week. The first concentrate will be produced in August 2020
#VAST
6
42
65
📸Here's a glimpse of varied types of highly mineralised copper ore currently being produced at our Baita Plai Polymetallic Mine in
#Romania
#VAST
#polymetallic
#copper
#baitaplai
#mining
4
26
63
“The mills are turning and the flotation cells working on the next concentrate delivery in
#Vast
’s Processing Plant at Baita Plai”
#Copper
#Polymetallic
#Mining
3
22
61
Great progress on site at
#BaitaPlai
with the full
#VAST
executive team here to accelerate and facilitate the development of the revised mine plan
6
16
61
We are pleased to update that following the recommencement of production at Baita Plai we continue to deliver ore from the underground mine to the flotation plant
#VAST
#copper
#baitaplai
🎥
3
24
63
#VAST
offtake partner has confirmed that the date for the first commercial sale of concentrate produced at our Baita Plai Polymetallic Mine is expected to conclude on Wednesday 25 Nov
#BuildingBaita
1
22
62
We are pleased to announce that the first sale of Baita Plai concentrate to Mercuria has been concluded
#Vast
#BaitaPlai
6
22
62
We are excited to share pictures of some of the new equipment installed in the flotation plant ready for concentrate production
#Vast
#Processing
#Copper
#Romania
7
25
62
Our team in China sourcing locomotives, the last major item required to get Baita Plai into production.
#Vast
#BaitaPlai
#Romania
#China
#Copper
#Lead
#Zinc
#Gold
#Silver
#Molybdenum
3
25
60
Andrew Prelea, CEO, provides an update on the company on
@VoxPodcast
with
@SharePickers
answering shareholder questions
#VAST
3
38
59
Drilling rig on site and ready to commence the drilling campaign at Baita Plai.
#Vast
#Romania
#BaitaPlai
#Copper
#Lead
#Zinc
#Gold
#Silver
#Molybdenum
14
26
59
Following the industrial metal bull run that has doubled copper prices to over $10k/ton, Wall St. are advising investors: "don't stop buying now". With Baita Plai ramping up production now,
#Vast
is already benefitting from this price rise.
3
20
58
#VAST
has taken delivery of two Load Haul Dump (LHD) machines at its Baita Plai Mine in Romania, which is in line with & part of the new mechanised mine plan that is currently being implemented by the new mine management team.
7
15
58
The Baita Plai team continue the drilling campaign that will enable us to publish updated grade and resource estimates as part of a JORC report. We have brought additional rigs onsite to expedite the process. More news to follow.
#Vast
#Romania
#BaitaPlai
5
31
56
Baita Plai Update: Work on the Transformer progresses as planned.
#Vast
#BaitaPlai
#Romania
#Copper
#Lead
#Zinc
#Gold
#Silver
#Molybdenum
9
30
56
Zimbabwe has unveiled a road map to develop its mining sector to a $12bn industry by 2023, whereby the diamond sector could contribute $1bn – the Marange field, where the Chiadzwa Community Concession is located, can immensely contribute to the sector - via
@Mining_Zimbabwe
#VAST
2
34
56
We are getting encouraging in situ grade data from our Niton XRF testing on the Baita Plai underground open stopes. This data will be further corroborated by the core sample metallurgical test results.
#Vast
#Romania
#Copper
#BaitaPlai
6
27
54
The capex requirements for the Baita Plai mine upgrade will be funded from existing resources and
#VAST
confirms that there are no planned placings to support current workstreams.
10
20
55
We are pleased to report that the Chiadzwa Community Diamond Project Joint Venture with the ZCDC is expected to be finalised this month
#VAST
5
28
53
We are excited to share pictures of the equipment, which include the hydro cyclones and ceramic filters, that arrived on site this week at Baita Plai. We look forward to providing further footage as we commence underground production this month at Baita Plai.
#Vast
#Polymetallic
0
37
55
We are excited to share footage of our new overground diesel locomotive being tested at our Baita Plai Polymetallic Mine in Romania.
#Vast
#Polymetallic
8
22
53
#VAST
CEO Andrew Prelea met with Ambassador Andrew Noble HMA, the British Ambassador to Romania, and Economy Minister Claudiu Nasui on Friday to report on the progress made at the Baita Plai Polymetallic Mine and Vast’s additional interests in the Romanian mining industry.
2
22
53
The end to end production process at Baita Plai continues to progress encouragingly - here you can see an underground ore stock pile & ore laiden wagons waiting to be taken above ground to the plant
#VAST
:
2
12
53
We are excited to share footage of the copper concentrate from
#BaitaPlai
ready for first commercial delivery to the Port of Constanta in
#Romania
!
#buildingBaita
#VAST
2
14
55
$VAST's management team familiarise Marcus Brewster with the processing plant on site at Baita Plai.
2
17
54
In addition to being fully operational, we are on track to exceed our initial sales delivery target at our
#BaitaPlai
#Polymetallic
Mine in
#Romania
with 350-400t
#copper
concentrate expected
#VAST
#AIM
#buildingBaita
#onwardsandupwards
2
22
53
Copper prices are maintaining their bullish run - three-month copper prices rose 0.8% to $8,488/t earlier this morning, with most base metals on the LME up across the board
#VAST
#copper
#BuildingBaita
6
22
52
#Copper
concentrate production at our Baita Plai
#Polymetallic
Mine in Romania. In this clip you can see milled ore passing through the classifiers and en route to the flotation cells.
#Vast
#Romania
2
14
53
With the new steel bridge now installed
#copper
concentrate sales to Mercuria are expected in October 2020.
5
20
53
Andrew Prelea, CEO, offers an update on the Chiadzwa Diamond Concession, Baita Plai and discusses the Company’s finance strategy.
#VAST
2
33
52
Our dedicated mining team continue working on the ground to get Baita Plai into production.
#Vast
#BaitaPlai
#Romania
#Copper
#Lead
#Zinc
#Gold
#Silver
#Molybdenum
3
25
49
Antonio North looks likely to increase Baita Plai’s total exploration target from a range of 1.8M-3M tonnes to 3.2M–5.8M tonnes, this could significantly expand
#VAST
's production profile & extend the life of the
#BaitaPlai
mine
2
23
51
Production has recommenced at the Baita Plai
#Polymetallic
Mine with minimal downtime & no expected impact on Oct production and sales targets
#mining
#AIM
$VAST
0
29
52
#VAST
are progressing the decline development programme at the Baita Plai polymetallic mine in Romania. This is footage of our Load Haul Dump Machine in operation
#BuildingBaita
8
19
49
Our team in China continue sourcing the items required to bring Baita Plai into production.
#Vast
#BaitaPlai
#Romania
#Copper
#Lead
#Zinc
#Gold
#Silver
#Molybdenum
5
28
49
Silver prices have leapt to a five-month high today rising by more than 10% to $29.74 an ounce. This bodes well for
#VAST
with
#silver
and
#gold
accounting for 30% of revenues at our Baita Plai Polymetallic Mine
#BuildingBaita
Read more from
@BBCNews
:
9
27
50
🟠 over 75% of area does not form part of the historic 1.88mt resource (1.88Mt @ 2.19% Cu, 128 g/t Ag, 3.46% Zn, 3.07% Pb and 1.41 g/t Au).
🟠 these results will provide the necessary data for a JORC mineral resource estimation of this additional area of mineralisation
#vast
3
33
51
With over US$104,450,255 as an in-situ value set to be exploited for an initial 3-4 year mining period & significant further upside identified, the JORC report for
#BaitaPlai
provides a solid resource base to underpin a fair market Company valuation
#VAST
5
25
48
We are excited to share the initial pictures of the railway tracks being positioned ahead of installation at our Baita Plai Polymetallic Mine in Romania. More footage to follow.
#Vast
#Polymetallic
1
23
48
We are pleased to update the market as matters stand that both the Baita Plai and Chiadzwa Community Diamond Project remain on track
#VAST
@vast_resources
#voxmarkets
via
@voxmarkets
3
24
46
We are excited to share footage of ongoing operations at Baita Plai following the announcement that we have recommenced production
$VAST
#mining
#Romania
#baitaplai
3
23
49
We are pleased to announce the completion of Tranche 1 of the Atlas facility which provides the company with a clear path to production at Baita Plai
#VAST
4
20
48
We are in well-developed negotiations with two new institutional investors in relation to a non-equity linked asset backed debt structure
#VAST
#BaitaPlai
2
17
46
We are excited to release our maiden JORC report for our producing Baita Plai Polymetallic Mine in
#Romania
which firmly establishes the inherent value of the mine, marking another major milestone for
#VAST
#buildingBaita
1
23
47
We are targeting the finalisation of a Binding Term Sheet for asset backed debt financing linked to
#BaitaPlai
by the end of November with final approval targeted in December - read today's news for more info:
#mining
$VAST
#AIM
0
13
48
We are pleased to share the initial footage of our new wagons (x42) being unloaded this week at our Baita Plai Polymetallic Mine in Romania.
#Vast
5
15
47
#VAST
welcome Rubén Fernández to the team today as the new Underground Mine Manager at its Baita Plai Mine. His experience overseeing & implementing numerous ramp up phases at underground mines will prove invaluable as the new mechanised mine plan is implemented.
4
11
46
#WelcomeToBaitaPlai
Follow the link to take a video tour of our
#polymetallic
Baita Plai mine in
#Romania
which includes interviews with key personnel such as our new General Manager
#Vast
8
27
45
#VAST
has published audio and written responses from Tuesday’s Baita Plai Mine Plan Q&A session on the
@InvestorMeetCo
platform.
Click here to log in to IMC and view:
5
13
45
JPMorgan predicts that commodities may have just begun a new supercycle - good news for emerging low-cost polymetallic producers and developers like
#VAST
: read more here
7
19
45
The wagons for Baita Plai have arrived at port and been packed into containers ready for shipping.
#Vast
5
19
45
We are pleased to announce all resolutions were passed at the general meeting giving the company shareholder approval to initiate the facility that will provide funds to bring Baita Plai and the Chiadzwa Diamond Concession into production
#VAST
2
30
44
Bank of America analysts predict that global
#copper
demand will rise 6% to 24.76mt with a 10% rise in European demand to 3.1mt this year – read more here:
1
12
42
#VAST
continues to be in a strong position to capitalise on the increasing copper price & widely predicted new commodities supercycle through production at Baita Plai in addition to pipeline development opportunities.
7
9
44
We are excited to share footage of the underground locomotives being tested at our Baita Plai Polymetallic Mine in Romania ahead of the commencement of production in July 2020.
#Vast
#Polymetallic
6
19
45
Alongside Andrew Prelea, CFO, Paul Fletcher purchased an additional 3,000,000 shares and CCO, Andrew Hall purchased 2,000,000 bringing their total holding to 18,000,000 and 12,000,000 respectively
#VAST
0
26
44
#VAST
’s cash flow valuation of more than $100m is supported by current copper prices against a backdrop of the early stages of a global copper price recovery & the start of a potential supercycle following Feb’s 9.5yr LME 3M price high.
0
14
44
Copper is expected to move towards $15k/t says
@GoldmanSachs
– the price rise is needed to encourage supply attests Glencore CEO in
@FT
– Baita Plai will be one of the lowest cost producers globally & already benefits from the current copper price
2
12
42
We are pleased to update that the final containers of Chinese equipment for Baita Plai are being prepared for shipping which include multiple Wagons & Jackhammers
#Vast
4
14
41
Cold commissioning of the Baita Plai mine. See below footage of controlled sequence testing of the refurbished equipment
#VAST
1
23
43
We are excited to share the footage of the first container of equipment being unloaded and transported to the Baita Plai mine shaft entrance via our mine administration offices.
#Vast
#Polymetallic
2
17
40
At the processing plant once the ore is crushed and milled it is put through the copper & zinc flotation processes - the copper flotation is the darker, metallic, viscous liquid and the zinc is the lighter coloured cells
#VAST
:
1
11
41
#BaitaPlai
operational copper flotation cells as Baita Plai continues copper concentrate production.
5
19
41