Gamsberg zinc project a thumbs up for South Africa amid investment slowdown

Amid low levels of capital project activities in South Africa, the $400-million Gamsberg zinc and lead project, in the Northern Cape, has become the largest mining project under execution in the country. “Commentators have noted that this significant investment in the South African mining industry comes at a time when few other companies are investing – in mining and in South Africa. This investment signals a strong vote of confidence in the mining industry, in zinc and in Africa by the Vedanta group, says Vedanta Zinc International (ZI) CEO Deshnee Naidoo.