You are currently viewing our desktop site, do you want to download our app instead?
Moneyweb Android App Moneyweb iOS App Moneyweb Mobile Web App

Vedanta reopens Gamsberg zinc mine in South Africa

Its closure in November pushed zinc prices higher.
The search for one employee continues at the Northern Cape mine after eight were rescued and one died following the collapse of a pit wall. Image: Supplied

Vedanta Zinc International said on Saturday that mining has started again at its Gamsberg mine in South Africa following a closure in November when the pit wall collapsed, trapping miners underground.

The company did not specify what capacity it is operating at.

“The Department of Mineral Resources and Energy granted permission to commence stockpile feed and mining at the East pit in the last portion of December, followed by permission to commence mining at the West pit in the first week of January,” Vedanta Zinc International management said in an emailed response.

“No ore mining production occurred in December, with a gradual ramp-up expected in January.”

The closure of the mine spurred supply concerns, pushing zinc prices higher.

Read:

The search continues for one employee after eight workers were rescued and one died in the collapse.

At full production capacity in phase 1, Gamsberg will produce 250 000 tonnes a year of zinc in concentrate, according to Vedanta’s website.

COMMENTS   1

You must be signed in to comment.

SIGN IN SIGN UP

Fantastic that they are restarting and will add some great value to our already excellent trade surpluses!

SA. Great stuff. Thanks Vedanta. This is very exciting news. Grateful to God for endowing us with such significant mineral resources that we can benefit from at a time of need.

End of comments.

LATEST CURRENCIES  

USD / ZAR
GBP / ZAR
EUR / ZAR

Podcasts

INSIDER SUBSCRIPTIONS APP VIDEOS RADIO / PODCASTS SHOP OFFERS WEBINARS NEWSLETTERS TRENDING PORTFOLIO TOOL CPD HUB

Follow us:

Search Articles: Advanced Search
Click a Company: