Vast Resources plc, the AIM-listed mining company, is pleased to update the market on progress of the Chiadzwa Community Diamond Project.
The Company notes the recent comments in a number of online news sites as a result of the press conference held by the Hon. Minister W Chitando at the Zimbabwe Ministry of Mines and Mining Development relating to the current status of the signing of the Agreements between its Zimbabwean subsidiary company Katanga Mining (Pvt) Ltd – (which is jointly owned with Chiadzwa Mineral Resources (Pvt) Ltd) – and Zimbabwe Consolidated Diamond Company (Pvt) Ltd (‘ZCDC’).
The Company continues to work closely with the Zimbabwean Ministry of Mines and Mining Development, ZCDC and the Chiadzwa Community and wishes to confirm that it has received confirmation of the signing during the course of next week
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