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.
