Romania: Increases of over 40 pc of mined ore from Manaila mine in Q2 for British Vast Resources

Vast Resources posted new records in the second quarter of this year for the Manaila mine that the company manages in Romania, in the county of Suceava, as a press release informs.

Thus, the British mining company registered increases of 41 percent of mined ore and 54 percent of milled ore at Manaila mine, compared to the first three months of the year. The amount of copper concentrate produced in this mine has also increased by 57 percent.

For the zinc concentrate, which started in the second half of last year, Vast Resources` specialists managed to increase the concentration of extracted ore by 51 percent. Also in this semester a gravity line has been put into operation, the purpose of which is to recover a pyrite concentrate containing gold and silver in small quantities.

“The second quarter was an extremely good one for our production line, despite the fact that there were periods with extreme weather. Also, the results are all the more encouraging as the activities in this mine have taken place in parallel with the career development process, whose objectives are to increase and optimize production. In other words, the refurbishment activities, that aim to reduce operating costs and build a long-term sustainable mining portfolio did not interfere with daily mine work,” said Andrew Prelea, President and Executive Director of Vast Resources Romania.

Moreover, Vast Resources started to invest this semester in the grinding circuits and the floating station at the mine in Suceava. The objective of these investments, that are due to be concluded this summer, is to achieve a constant execution rate of 15,000 t /month by September 2017.

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