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Vedanta opens VZI Gamsberg mine in South Africa

01 Mar 2019 Evaluate

Vedanta has opened Vedanta Zinc International’s (VZI) Gamsberg mine, outside Aggeneys in South Africa’s Northern Cape Province. Gamsberg has a reserve and resource of more than 214 Mt with a grade of between 6% and 6.5% zinc and an estimated life of mine (LoM) of more than 30 years.

Phase 1 of Gamsberg, opened represents a $400 million investment by Vedanta in South Africa. This phase has a LoM of 13 years and will see 4 MTPA of ore produced from the open pit and 250,000 tpa of concentrate from its concentrator plant.

Evaluation for Phase 2 and 3, a further investment of $350 to $400 million, is underway. This will see ore mined increase to 8mtpa and increase in zinc-in-concentrate production, in a modular way to 450,000 tpa, and ultimately to 600,000 tpa.

Vedanta is a diversified natural resources company, whose business primarily involves producing oil and gas, zinc- lead-silver, copper, iron ore, aluminium and commercial power.

Vedanta Share Price

272.15 -2.75 (-1.00%)
08-Jul-2026 16:59 View Price Chart
Peers
Company Name CMP
Hindalco Industries 971.20
Vedanta 272.15
Hindustan Zinc 530.35
Jain Resource Recycl 344.25
CMR Green Tech 229.35
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