Gamsberg mine investment signals confidence in economy: Ramaphosa
The expansion is expected to increase zinc production capacity.
President Cyril Ramaphosa expressed confidence in South Africa's economic potential through Vedanta Zinc International's investment in the Gamsberg mine. The inauguration of Phase Two of the Gamsberg mine's concentrator took place with Ramaphosa delivering the keynote address. The Vedanta Zinc International (VZI) Gamsberg Phase II Expansion Project was marked by the unveiling of a commemorative plaque in Aggeneys, Northern Cape.
This milestone highlights the commitment to growing South Africa's mining industry and strengthening partnerships to unlock investment and support long-term industrial development. The expansion will increase zinc production capacity and contribute to job creation. President Ramaphosa emphasized Vedanta's recognition of South Africa's enduring strengths, abundant mineral resources, industrial base, skilled workforce, and access to a growing African market.
Written by urgent.news from SABC News's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
