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Gamsberg Phase 2 expansion project, South Africa – update

Aerial view of the Gamsberg mine at night

Photo by Jan Gamsberg

12th August 2022

By: Sheila Barradas

Creamer Media Research Coordinator & Senior Deputy Editor

     

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Name of the Project
Gamsberg Phase 2 expansion project.

Location
The project will form part of the Namakwa Special Economic Zone, in the Northern Cape, in South Africa.

Project Owner/s
Vedanta Zinc International (VZI) subsidiary Black Mountain Mining (BBM).

Project Description
The project will double the Gamsberg mine’s and plant’s capacity from four-million tonnes a year to eight-million tonnes a year, increasing output from 300 000 t/y to 500 000 t/y of metal.

Potential Job Creation
The project is expected to create 2 000 to 2 500 jobs during construction and 800 to 1 000 permanent jobs upon completion, in addition to the 2 700 people already employed at the mine.

Net Present Value/Internal Rate of Return
Not stated.

Capital Expenditure
R7-billion.

Planned Start/End Date
Construction is expected to take 18 to 22 months.

Latest Developments
VZI officially broke ground on the project on August 5.

Key Contracts, Suppliers and Consultants
None stated.

Contact Details for Project Information
VZI, tel +27 11 685 3960 or email info@vedantaresources.co.za.
BBM, tel +27 54 983 9802.

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