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Gamsberg project cost lowered as zinc price outlook brightens

Zinc International, the subsidiary of the London-listed and India-rooted Vedanta, is managing to achieve what both Anglo American and Gold Fields failed to do before it – build a zinc mine that has been 40 years in the making at Gamsberg in the Northern Cape. Zinc International, headed by CEO Deshnee Naidoo, has managed to shave close to $200-million off the project’s original capital estimate to take it down to $400-million.

Source: www.engineeringnews.co.za
Gamsberg project cost lowered as zinc price outlook brightens

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