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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.
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