26.04.2019 Views

Northern Cape Business 2019/20 edition

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.

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.

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

Working smart to<br />

unlock more value<br />

INTERVIEW<br />

Deshnee Naidoo, CEO Vedanta Zinc International (VZI),<br />

expands on plans for the company’s new Gamsberg Mine.<br />

Deshnee Naidoo<br />

How is Gamsberg Mine digitally advanced?<br />

For VZI, the digital transformation is not something that is planned in years<br />

to come, but one that is taking shape today. The next wave will be in the<br />

integration of systems to enable our teams to make data-driven decisions<br />

to find efficiencies, improve planning, lower risk, create safer working<br />

environments and unlock more value from our resources.<br />

When do you expect to be operating at full capacity?<br />

Gamsberg Phase 1 has a Life of Mine of 13 years. Four-million tons a year<br />

of ore will be produced from Gamsberg’s open pit and 250 000t/y of concentrate<br />

from its concentrator plant. By March <strong><strong>20</strong>19</strong>, we achieved a mining<br />

rate of over five-million tons of ore and waste combined. Concentrate<br />

volumes are in the process of ramp-up as the Gamsberg plant reaches<br />

full steady state by mid-<strong><strong>20</strong>19</strong>.<br />

BIOGRAPHY<br />

After a <strong>20</strong>-year career at Anglo<br />

American in various roles,<br />

including CFO of Anglo Thermal<br />

Coal, Deshnee Naidoo was<br />

appointed CEO of Vedanta<br />

Zinc International in <strong>20</strong>14. Her<br />

responsibility covers operations<br />

in South Africa and Namibia,<br />

the now closed Lisheen Mine<br />

in Ireland and Copper Mines of<br />

Tasmania in Australia. In May<br />

<strong>20</strong>18, Deshnee was appointed<br />

to the board of the Minerals<br />

Council of South Africa, a first<br />

for a woman in South African<br />

mining.<br />

Do you have plans to build a smelter and a refinery?<br />

In parallel with the Phase 2 mine and plant, we are looking at developing<br />

a modular smelter/refinery beneficiation complex, which would represent<br />

an estimated direct capital investment of USD-800 million. The complex<br />

would be the first integrated zinc manufacturing facility in South Africa<br />

and the largest in Africa. External factors that will make a critical difference<br />

include power security, competitive power tariff, an offtake for the 1 000<br />

tons of sulfuric acid the complex will produce every day and an efficient<br />

freight transport solution. This will have to be supported by an aggressive<br />

spatial development plan for the region.<br />

When will a decision be taken on investing further?<br />

Vedanta has already committed that Phase 2 of Gamsberg will get<br />

underway as soon as is economically and logistically feasible. Phase 1<br />

was executed with a much larger project in mind. We estimate that up<br />

to 12 000 direct and indirect jobs will be created in Phase 2.<br />

How does Vedanta view its responsibility to the people of<br />

the surrounding area?<br />

Vedanta has always viewed the communities surrounding our mines<br />

as partners and stakeholders. Making sure you contribute to improving<br />

the lives of the communities around your operations is simply the right<br />

thing to do.<br />

51<br />

NORTHERN CAPE BUSINESS <strong><strong>20</strong>19</strong>/<strong>20</strong>

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!