SANDTON, South Africa – according to Vedanta Zinc International, mining oprations have restarted at its subsidiary, Gamsberg mine, following a shutting down in November due to the pit wall collapse. The closure of Gamsberg pushed zinc prices higher on all mining exchanges.
Gamsberg is located about 30km from Black Mountain Mining (BMM) in the Northern Cape, South Africa. BMM is located at Aggeneys, a mining town in the province. Vedanta holds 69.6%, Exxaro Resources, a leading South African BEE company owns 24.4% and ESOP holds 6%.
Gamsberg exploits one of the largest known, undeveloped zinc orebodies in the world and comprises an open pit mine and a dedicated processing plant.
Normally, Gamsberg produces 400,000 tonnes of ore per month. Gamsberg employs more than 959 permanent direct employees.
Studies into Gamsberg Phase 2 and 3 are underway which will see ore mined increase to 8 million tonnes per annum and production of zinc-in-concentrate to 450,000 tonnes, and, in a modular fashion, ultimately to 600,000 tonnes per annum. It will reflect an additional investment of US$350 to US$400 million.