Vast wraps up sale of Zim gold assets

23rd April 2019 By: Creamer Media Reporter

Shareholders in Vast Resources on Tuesday 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.