WORLD S. Africa to open major zinc mine


S. Africa to open major zinc mine


00:34, February 25, 2019

JOHANNESBURG, Feb. 24 (Xinhua) - South African President Cyril Ramaphosa will open a major zinc mine Thursday in Northern Cape, his spokesperson said on Sunday.


(File Photo: VCG)

Vedanta Zinc International's Gamsberg mine, with an investment of about 1.6 billion U.S. dollars, would explore one of the largest undeveloped zinc ore deposits in the world, said the spokesperson, Khusela Diko.

It will have a processing plant and an open pit mine. Over 400 million dollars has already been spent on the project.

"The first phase of the zinc mine, which has an estimated lifespan of over 30 years, is an investment of 400 million dollars, which employed more than 3,000 people at the height of construction," Diko said.

An additional 400 million dollars of investment is planned for the second phase, she said.

Once in production, the mine will employ 700 people full time, Diko said.

Vedanta Zinc International is a subsidiary of Vedanta Resources plc, a multinational natural resources firm.

Terms of Service & Privacy Policy

We have updated our privacy policy to comply with the latest laws and regulations. The updated policy explains the mechanism of how we collect and treat your personal data. You can learn more about the rights you have by reading our terms of service. Please read them carefully. By clicking AGREE, you indicate that you have read and agreed to our privacy policies

Agree and continue