TORONTO (miningweekly.com) – Romania and Zimbabwe-focused miner Vast Resources was trading in positive territory on the LSE’s Alternative Investment Market Tuesday, after announcing the appointment of former Harmony Gold chief executive Graham Briggs as a non-executive director with immediate effect.
Briggs (62), a geologist by training, had been with Harmony for 20 years, eight of which as CEO. He would bring to Vast’s board extensive operational experience, as the company developed its mining properties.
Vast had commissioned two mining operations in 2015; the 50.1%-owned Manaila polymetallic mine, in Romania, and the 50%-owned Pickstone-Peerless gold mine, in Zimbabwe. The board also expected to commission a third mine, the 80%-owned Baita Plai polymetallic mine, also in Romania, in the first quarter of 2016.
Briggs held a degree in Geology and Applied Geology from the University of Durban, had has had a career spanning 43 years in the mining industry. He was also vice chairperson of the Chamber of Mines in South Africa.
Vast also announced the appointment of Pierre Joubert as CFO of the company with immediate effect.
Vast’s Aim-listed stock closed up 5.67% at £0.095 apiece.
Edited by: Creamer Media Reporter
EMAIL THIS ARTICLE SAVE THIS ARTICLE
To subscribe email subscriptions@creamermedia.co.za or click here
To advertise email advertising@creamermedia.co.za or click here
