4 years ago

Northern Cape Business 2019/20 edition

  • Text
  • Africa
  • Africa
  • Maritime
  • Tourism
  • Agri
  • Bpo
  • Education
  • Harbour
  • Sez
  • Development
  • Infrastructure
  • Investment
  • Cape
  • Industrial
  • Province
  • Sector
  • Mining
  • Upington
  • Solar
  • Renewable
Since its launch in 2009, Northern Cape Business has established itself as the premier business and investment guide to the Northern Cape Province. The 2019/20 edition is officially supported and used by the Northern Cape Department of Economic Development and Tourism. Northern Cape Business is unique as a business and investment guide that focuses exclusively on the province. In addition to comprehensive overviews of sectors of the economy, this publication has a particular focus on specific, packaged investment opportunities. The massive potential represented by the Square Kilometre Array radio telescope project and the rapid progress being made by Sol Plaatje University are also highlighted in this edition.


THE STORY OF GAMSBERG – HOW VEDANTA IS WORKING TOWARDS “FULFILLING DREAMS” IN THE NORTHERN CAPE Vedanta Zinc International (VZI), headquartered in Johannesburg, is a grouping of zinc assets located in South Africa, Namibia and Ireland, owned by India-based Vedanta Limited, a listed subsidiary of Vedanta Resources Limited. As a globally diversified natural resources major, Vedanta has interests in zinc, lead, silver, copper, iron ore, aluminium, power, and oil and gas. GAMSBERG TIMELINE 1972 1998 2009-2010 2011 2014 2015 Gamsberg zinc deposit discovered by Okiep Copper Company (OCC) Anglo American acquired 100% interest in Gamsberg Anglo American pre-feasibility study, additional drilling in open pit area Vedanta acquired Black Mountain and Gamsberg mines from Anglo American Gamsberg feasibility study completed and Phase 1 of project is approved Gamsberg project site breaks ground

Head office NAMIBIA Skorpion Zinc Black Mountain Mining Gamsberg project SOUTH AFRICA A major focus on VZI’s growth front is Gamsberg – a new zinc mine and its associated infrastructure, Phase 1 of which is now fully operational. VZI’s vision is to create an integrated world-class regional zinc complex comprising Black Mountain Mining (including Gamsberg) and the Skorpion Zinc mining and refining operations. Gamsberg is one of the largest zinc deposits in the world. Although discovered more than 40 years ago, it was held undeveloped by its various owners before Vedanta acquired it from Anglo American in 2011. It has a reserve and resource of more than 214Mt and an estimated life of mine (LoM) of 30+ years. Vedanta knew that Gamsberg’s impressive scale would contribute to its our overall global position in zinc. Vedanta committed to our South African stakeholders that the mine would be developed within fi ve years. Despite being at the height of the global economic downturn in 2014, Vedanta still took the decision to go ahead with the project. 2016 2017 2018 2019 2025 Engineering, procurement and construction services contracted awarded to ELB Engineering Services Proprietary Limited Gamsberg Phase 1 LOM extension Gamsberg Phase 2 feasibility Gamsberg officially opened by President Cyril Ramaphosa and Vedanta Chairman Anil Agarwal Gamsberg Phase 3

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