| Metals & Mining Industry | Materials Sector | Mr. Richard Andrew Prelea CEO | XFRA Exchange | GB00BQ7WTT20 ISIN |
| United Kingdom Country | 323 Employees | - Last Dividend | 1 Mar 2024 Last Split | - IPO Date |
Vast Resources plc is a mining company primarily involved in the exploration and development of mineral projects across Sub-Saharan Africa and Eastern Europe. The company focuses on a range of mineral deposits including copper, zinc, silver, gold, and diamonds. It has significant interests in Romania through 100% ownership of the Baita Plai Polymetallic Mine and the Manaila Polymetallic Mine, as well as a significant stake in the Blueberry Polymetallic Gold project. Initially incorporated as African Consolidated Resources Plc, the company rebranded to Vast Resources plc in December 2014. It was founded in 2005 and is based in Maidstone, the United Kingdom, reflecting its strategic positioning in diverse geographical and mineral-rich regions.
Vast Resources plc specializes in the exploration and development of sites rich in copper, zinc, silver, and gold. Through its operational mines in Romania, such as the Baita Plai Polymetallic Mine and the Manaila Polymetallic Mine, the company is heavily involved in extracting and processing these valuable minerals. These activities form the core of Vast Resources' business operations, aiming to supply the global market with essential raw materials for various industries including electronics, jewelry, and more.
Alongside its focus on polymetallic sites, Vast Resources extends its exploration activities to diamond deposits. These endeavors highlight the company's versatile exploration capabilities and its commitment to diversifying its mineral portfolio. By tapping into the lucrative diamond market, Vast Resources aims to bolster its revenue streams and strengthen its position within the mining industry.
Vast Resources plc holds 100% interest in significant mining operations such as the Baita Plai Polymetallic Mine and the Manaila Polymetallic Mine, both located in Romania. These mines are critical to the company's operations, providing a stable source of various minerals. Additionally, Vast Resources has a substantial interest in the Blueberry Polymetallic Gold project, further showcasing the company's strategic investments in mining assets with a diverse range of minerals ready for extraction and processing.