Bogdan Tudorache

Vast Resources, the AIM-listed mining company, announced that production has recommenced at its Baita Plai Polymetallic Mine in Romania, according to a release on company’s website.

”Based on the success of the recommencement of mining activity, the company can confirm that it is on track to meet its October production and sales targets as outlined in the project production and associated operational cashflow forecasts announced on 7 September 2020,” the release says.

“We are delighted that our Baita Plai operation is operational once more. The swift action our team took to reconnect the mine and flotation plant meant that production was able to resume quickly, resulting in minimal downtime and importantly, there is no expected impact on October production and sales targets. With potentially one of the lowest operating costs globally, and significant resource expansion opportunities, Baita Plai has significant commercial potential and we are focussed on realising this inherent value for all stakeholders,” said Andrew Prelea, Chief Executive Officer, Vast Resources.