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56

MODERN MINING

January 2017

Top projects

ZINC

L

ocated about 30 km to the east of

the underground operations of VZI

subsidiary, Black Mountain Mining

(BMM), in Aggeneys, the Gamsberg

deposit is widely regarded as being

one of the largest unexploited zinc resources

in the world. It does, however, come with its

challenges, specifically a low grade and a high

manganese content. The orebody was discov-

ered 40 years ago but remained largely unde-

veloped by its previous owners, Gold Fields

and Anglo American, although the latter did

complete a feasibility study and also initiated

a small scale underground mining operation.

Vedanta Zinc International (VZI)’s Gamsberg project in the Northern

Cape is now entering the main construction phase with the recent

appointment of the EPCM contractor for the processing plant and

related infrastructure and the bulk mining contractor. The project

involves a capital expenditure of US$400 million, considerably lower

than the original estimate of US$600 million, with the savings being

achieved by some clever re-engineering of the project, as well as a

decision to go the contractor mining route.

Modern Mining’s

Arthur

Tassell recently spoke to VZI’s Chief Executive Officer, Deshnee Naidoo,

and its VP Projects, Satish Kumar, to learn more about the history of the

project and its planned implementation.

Vedanta

cuts the cost

of

Gamsberg

by a third

The project was acquired by VZI, part of LSE-

listed Vedanta Resources, in 2010 when it pur-

chased BMM from Anglo American.

Commenting on the deposit, Naidoo – a

chemical engineer who was CFO for Anglo

American Thermal Coal before joining VZI

in 2014 – says the total resource amounts to

214 Mt with the grade being in the region of 6

to 6,5 %. “This is low for a zinc orebody,” she

says. “To put it into perspective, our Lisheen

mine in Ireland, which we closed at the end

of 2015, was mining with grades in the double

digits right through to the end. Nevertheless,

Gamsberg is ideal for modern bulk open-pit

Vedanta Zinc International’s

CEO, Deshnee Naidoo, en-

gaging with the Gamsberg

project team.