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Black Mountain Data

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Nearby Location News

  • ELB as EPC contractor for Gamsberg process, water plants 2016-10-19
    Engineering solutions provider ELB’s Engineering Services subsidiary has been appointed by Black Mountain Mining, a subsidiary of Vedanta Resources, to provide engineering, procurement and construction (EPC) services at the Gamsberg zinc project, in the Northern Cape. The company will oversee the construction of the process, power and water plants at the project.
  • Gamsberg project cost lowered as zinc price outlook brightens 2016-10-14
    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 at Gamsberg in the Northern Cape, which has been in the offing for more than 40 years. Zinc International, headed by CEO Deshnee Naidoo, has managed to shave $200-million off the project’s original capital estimate to take it down to $400-million.
  • Teck Announces Acquisition of Securities of Jet Gold 2016-08-31

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 30, 2016) - Teck Resources Limited (TSX: TCK.A and TCK.B, NYSE: TCK) ("Teck") announced today that it acquired 8,333,333 common shares, and a $389,117 principal amount convertible debenture of Jet Gold Corp. ("Jet Gold"). Jet Gold issued the securities in satisfaction of $889,117 of indebtedness owing to a Teck subsidiary. Jet Gold had assumed the indebtedness in connection with its indirect acquisition of control over a 30% interest in Haib Minerals (PTY) Ltd., in which Teck indirectly holds a 70% interest. The common shares were issued for an aggregate price of $500,000, and the convertible debenture was issued for a price of $389,117. No cash consideration was paid by Teck and the purchase price was fully satisfied by set-off against the assumed indebtedness.

  • Vedanta's Tom Albanese may increase spending on Gamsberg project this year as venture is de-risked.http://www.miningmx.com/top-story/27355-vendanta-pondering-increase-2017-gamsberg-capex/ &hellip 2016-05-31

    Vedanta's Tom Albanese may increase spending on Gamsberg project this year as venture is de-risked.http://www.miningmx.com/top-story/27355-vendanta-pondering-increase-2017-gamsberg-capex/ …

  • Vedanta rephases capex at Gamsberg as part of cost-cutting measures 2016-02-09
    In light of tumbling commodity prices, global diversified metals and mining company Vedanta Resources has had to restructure costs across all of its businesses, including South Africa-based Gamsberg zinc project .  Vedanta Resources CEO Tom Albanese told delegates at the Investing in African Mining Indaba that the company had delivered on its $1.3-billion cost-savings plan across its global operations, reducing its net debt by $600-million.

Black Mountain Information

  • General 2015-05-10
    Acquired from Anglo American in 2010.

Related News

  • ELB as EPC contractor for Gamsberg process, water plants 2016-10-19
    Engineering solutions provider ELB’s Engineering Services subsidiary has been appointed by Black Mountain Mining, a subsidiary of Vedanta Resources, to provide engineering, procurement and construction (EPC) services at the Gamsberg zinc project, in the Northern Cape. The company will oversee the construction of the process, power and water plants at the project.
  • Gamsberg project cost lowered as zinc price outlook brightens 2016-10-14
    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 at Gamsberg in the Northern Cape, which has been in the offing for more than 40 years. Zinc International, headed by CEO Deshnee Naidoo, has managed to shave $200-million off the project’s original capital estimate to take it down to $400-million.
  • Vedanta upbeat on Goa iron ore 2016-09-26

    Vedanta Resources believes that the worst is over for the iron ore industry and is upbeat about the future of its operations in the Indian state of Goa. Since the Supreme Court imposed mining ban was lifted earlier this year, the company has been ramping up production from its Goa operations.

  • Vedanta Limited Shareholders Approve Merger of Cairn India Limited with Vedanta Limited 2016-09-12

    Vedanta LogoMUMBAI, India, Sept. 12, 2016 /PRNewswire/ -- The equity shareholders of Cairn India Limited have today approved the Scheme of Arrangement of Cairn India Limited with Vedanta Limited with requisite majority. We announced the Vedanta Limited shareholder approval of the scheme on 9th...


  • Vedanta offered Mount Lyell support 2016-09-07

    The State Government of Tasmania hopes that an offer of government support will prompt Indian-based Vedanta Resources to reopen a mothballed copper mine on the Australian island state. It has offered a financial package worth A$25 million to reopen the Mount Lyell copper mine by 2017.

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