Nearby Location News
ELB as EPC contractor for Gamsberg process, water plants 2016-10-19Engineering 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 2016-10-14Zinc 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'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 2016-02-09In 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.
First blast at Vedantaâs new $630m Gamsberg zinc mine 2015-07-27It is not an easy time to be starting a mine but fortunately zinc is now in fashion because it has been unloved to so long, Vedanta CEO Tom Albanese said on Monday at the first blast of the $630-million Gamsberg zinc project in the Northern Cape. Groundbreaking at Gamsberg signals the start of the development of a 250 000 t/y opencast zinc mine, concentrator plant and associated infrastructure at Vedanta subsidiary Black Mountain Mining at the mining town of Aggeneys, 113 km north-east of Springbok.
Canada Carbon Initiates Re-Permitting of Its Asbury Graphite Historical Mill Site 2015-03-03
VANCOUVER, BRITISH COLUMBIA--(Marketwired - March 3, 2015) - Canada Carbon Inc. (the "Company") (TSX VENTURE:CCB) (FRANKFURT:U7N1) is pleased to inform its shareholders that it has begun the process of re-permitting the graphite processing mill on its wholly-owned Asbury Project. The permits under which the historic mining and milling were conducted on the Asbury Project expired in the year 2000. The Company anticipates receiving written approval shortly from the Municipality of Notre-Dame-Du-Laus, which is also the owner of the land upon which the mill and its associated tailings ponds are located, to proceed with its application to obtain a permit to operate a tailings storage facility (tailings pond). An existing graphite tailings pond on the property has significant remaining capacity.
General 2015-05-10The former-producing Steenkampskraal Mine originally operated through a subsidiary company of Anglo American Corporation from 1952 to 1963, making a monazite concentrate that was sold mostly for its thorium content rather than its rare earth content, and was the largest thorium source in the world during the years 1951 to 1963. In 1989, Rareco acquired the mine with the intention of becoming a rare earth elements producer. However, the fundamentals for the REE sector deteriorated significantly during that time, as China took control of the global rare earth industry, and mining became less attractive than in the current environment. Therefore, the operation was put on hold until recently.