According to a Vast Resources statement, the works started in February, while one of the company’s main targets is to gradually develop the two mines.
Andrew Prelea, president and CEO of Vast Resources, said that, for both projects, the company wants to invest in new equipment and technologies, as well as in trainings for employees, which require costs of millions of dollars.
Vast Resources was founded in late 2005 and its core activity consists of exploration of mineral deposits in Zimbabwe and Southern Africa. In addition to the activity in Africa, in May 2013, Vast Resources has turned its attention to Romania, in view of developing its business strategy.