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Vast Resources concludes collective bargaining agreement with subsidiary employees The company said negotiations have concluded without interruption to the processing plant and minimal disruption of underground mining activities at its Baita Plai mine in Romania Vast Resources PLC (LON:VAST) said it has concluded negotiations on a new collective bargaining agreement (CBA), a written legal contract between the company and the employees of its Vast Baita Plai S.A subsidiary, which operates the Baita Plai Polymetallic Mine in Romania. The company said that on the morning of June 8, before the commencement of the second day of formal negotiations and prior to negotiations being concluded, its mine management team were approached by a small group of underground miners who presented themselves at the Baita Plai Administration Offices in opposition to the formal negotiation process. ....
Vast has a diverse portfolio of projects across Romania, and also in Zimbabwe Turdean has decades of experience in the mining industry, predominantly in Romania. He will work alongside the newly appointed expert management team at the Baita Plai polymetallic mine and in conjunction with Vast chief executive Andrew Prelea. Turdean began his career over 40 years ago in the Romanian mining industry and his in-depth knowledge of the jurisdiction, geology and regulatory environment should prove to be highly valuable as Vast looks to implement its upgraded mine plan at Baita Plai, and expand its operations. Nicolae is a pre-eminent figure in the Romanian mining industry and he and I will be working closely as we look to execute our upgrade plans at Baita Plai, and thereafter expand our operations to the pipeline of development opportunities we have in Romania,” said Vast CEO Andrew Prelea. ....
4 May 2021 | 07:54am StockMarketWire.com - Mining group Vast Resources said it had appointed Nicolae Turdean as Romanian country manager. Turdean was most recently president of Romania s National Agency for Mineral Resources and had previously served as chief executive of state-owned copper producer Cupru Min SA. Story provided by StockMarketWire.com Find out how to deal online from £1.50 in a SIPP, ISA or Dealing account. Latest share price and company details: ....