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Vedanta cuts the cost of Gamsberg by a third

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’sArthur 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.

Source: Modern Mining