Date: : 2017

Location: Gamsberg

Commodity: Gamsberg

Gamsberg is part of the Black Mountain Mining (BMM) operations and is located about 30km from BMM’s base at Aggeneys in South Africa’s Northern Cape province. Gamsberg will exploit one of the largest known, undeveloped zinc orebodies in the world and will comprise an open pit mine and a dedicated processing plant. Discovered more than 40 years ago and held undeveloped in the asset portfolios of various mining companies, it was acquired from Anglo American by the Vedanta group in 2011.

The project’s current reserve and resource is 214Mt, with a grade of between 6 and 6.5%, and has a life-of-mine (LOM) estimated at 30 years. In Phase 1, which has a LOM of 13 years, 4Mtpa of ore will be produced from Gamsberg’s open pit and 250,000tpa of zinc-in-concentrate from its concentrator plant. First production is expected by mid-2018, with full ramp up expected to be reached in nine to 12 months thereafter. Moolmans contract scope includes drilling and blasting, loading, and hauling.