Nicolae Turdean Appointed as Romanian Country Manager of Vast Resources

Vast Resources, the AIM-listed mining company, appointed Nicolae Turdean as Romanian Country Manager.

Nicolae, who has decades of experience in the mining industry, predominantly in Romania, will work alongside the newly appointed expert management team at the Baita Plai Polymetallic Mine and in conjunction with Andrew Prelea, CEO, in the advancement of Vast’s wider strategic objectives in the country.

Nicolae 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 to Vast’s numerous development interests in due course.

Since starting his career, Nicolae has worked in numerous specialist and executive roles across various mines in Romania. Most recently, Nicolae held the position of President of the National Agency for Mineral Resources after previously working as a Mining Expert for the agency. Prior to this, Nicolae was the Chief Executive of Cupru Min SA, the state-owned copper producer. During his time in these senior-level positions, Nicolae has worked as part of, and closely with, the Ministry of Economy and Commerce, the Minister of Economy and Finance, and the World Bank, as well as serving on the Board of Administration for a number of companies. From his years of working within the mining industry, Nicolae has become a specialist in a number of key skills and has gained a holistic command over various aspects of the sector. These include mining engineering, construction and management; regulatory framework and institutional setup; energy expert on gas transmission tariffs; and the management of international development projects for the sector, particularly in World Bank project management, procedures, and policies.

Nicolae also has had a significant number of specialist papers printed in a variety of industry publications. With his collection of papers written over the course of 35 years, Nicolae has written primarily for The Institute of the Economy of Industry and Romania Mining Revue, whilst also contributing to numerous research studies.

Nicolae holds both a Bachelor of Mining Science and a MSc. in the Management of Mining Activities from the Technical University of Petrosani in Romania. He also retains membership in several professional societies: he is an active member of the General Association of Romanian Engineers and the Romanian Associations for Power Policies, is a founding member of the National Committee of Mining Engineers and is part of the National Association of Specialists in Mining Industry.

“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. His high-level access to various regulatory bodies and industry associations will complement the significant networks that we have already developed in the country as we look to establish Vast as a major mining company in the Romanian and Zimbabwean mining industries,” Andrew Prelea, Chief Executive Officer of Vast Resources, commented.

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