Southern Africa May Become Key Refined Zinc Supplier

Nov. 19, 2014 11:21AM PST

Mining Weekly reported that Vedanta Resources plc (LSE:VED) is planning to make Southern Africa a key refined zinc supplier.

As quoted in the market news:

This was highlighted by Vedanta’s Zinc International CEO Kishor Kumar at the Gamsberg–Skorpion integrated project stakeholder briefing, held in Aggeneys, in the Northern Cape, on Tuesday.
‘The Gamsberg–Skorpion integrated zinc project is also central to Vedanta’s long-term aspirations for Southern Africa,’ he added.
An amount of $630-million would be spent on developing a 250 000 t/y openpit zinc mine, concentrator plant and associated infrastructure at Gamsberg – the world’s largest undeveloped zinc deposit.
The balance would be used for the development of a 150 000 t/y integrated roaster with acid plant and calcine leach section at the Skorpion Zinc refinery, in Namibia, to enable it to treat the zinc sulphide deposits from the Gamsberg mine to produce high-grade zinc.

Click here to read the full Mining Weekly report.