Mine work

Canada’s natural resource management and engineering consulting company Vast Resources has commissioned the ball mill and the carbon in leach plant at its Pickstone-Peerless gold mine in Zimbabwe.

The company said it will start gold production later this month.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

Vast Resources chief executive Roy Pitchford said: "The commencement of gold production at Pickstone-Peerless Gold Mine in Zimbabwe, following the commencement of production at the Manaila Polymetallic Mine in Romania, will be a further step in the process of transitioning Vast into an operating mining entity.

"With first gold sales targeted for the end of the month, we will have revenue from two operating mines.

Expected to aid the start of gold adsorption, the commissioning of the plant will change the company into a cash generative mining company.

See Also:

From an initial mining rate of 10 000t of ore a month, the mine is being commissioned with a target of an initial annualised gold production of 10,000oz at present.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Vast Resources aims to achieve its first production of gold by the end of August 2015.

"Whilst the focus will remain in ensuring optimal production levels are achieved at the Pickstone-Peerless Gold Mine and Manaila Polymetallic Mine, more focus is now being placed in bringing the third mine in our portfolio, the Baita Plai (formerly Baita Bihor) Polymetallic Mine, into production," Pitchford added.

Image: The plant commissioning will facilitate the start of gold adsorption. Photo: courtesy of Suat Eman/FreeDigitalPhotos.net