Vast Resources reports progress on Chiadzwa diamond project in Zimbabwe

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Vast Resources said it expected a sign off with Zimbabwean authorities regarding the the Chiadzwa community diamond project to occur next week.

The company said it had noted comments on a number of online news sites as a result of a press conference held by mining minister W Chitando.

The press conference was related to the current status of the signing of agreements between the company's Zimbabwean subsidiary and the state-backed Zimbabwe Consolidated Diamond Company.

'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,' Vast Resources said.

At 1:58pm: (LON:VAST) Vast Resources PLC share price was +0.07p at 0.43p