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Vast wraps up sale of Zim gold assets

3rd May 2019

By: Creamer Media Reporter

     

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Shareholders in Vast Resources last week approved the sale of the company’s Zimbabwe gold assets, including the Pickstone Peerless and Eureka mines.

Shareholder approval was the final condition precedent to the sale of Aim-listed Vast’s 50.01% interest in Ronquil Enterprises, through which it holds the Zimbabwe gold assets, to Southern Africa Trade Finance.

The sale will allow the miner to focus on the Heritage diamond concession, in Zimbabwe, and the Baita Plai polymetallic mine, in Romania.

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Edited by Mariaan Webb
Creamer Media Contract Publishing Editor

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