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Indian mining giant Vedanta boosts quarterly zinc production

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(Kitco News) - Indian mining giant Vedanta announced today that in India, its mined zinc-lead-silver metal production for Q2 2021 was 221,000 tonnes, up 9% as compared to Q2 2020 primarily due to higher ore production at the world’s second largest Rampura Agucha zinc mine. This was partially offset by lower overall metal grades.

The company added that its integrated metal production in India was 236,000 tonnes for Q2 2021, up 17% as compared to Q2 2020. Integrated zinc production was 188,000 tonnes, up 20% as compared to Q2 2020, and integrated lead production was 48,000 tonnes, up 9% as compared to Q2 2020. Integrated saleable silver production was 5.2 million ounces, up 37% as compared to Q2 2020.

Internationally, Vedanta reported its mines produced 61,000 tonnes of zinc in Q2 2021, higher by 62% as compared to Q2 2020 mainly due to higher Gamsberg production due to ramp up and COVID lockdown restrictions which were in place in Q2 2020.

The Skorpion zinc operations in Namibia produced zero tonnes in Q2 2021 compared to 700 tonnes in Q2 2020 due to mine being under care and maintenance following multiple slope failures and geotechnical instabilities. The company said that geotechnical modelling and studies continue to look at feasible ways to make the pit safe for mining operations which allows for the extraction of the remainder of the accessible ore.

The Black Mountain zinc mine in South Africa produced 15,000 tonnes in Q2 2021 as compared to 12,000 tonnes in Q2 2020, up 23% due to significantly higher throughput, offset partially by lower grades and hence lower recoveries.

The Gamsberg zinc mine in South Africa produced 46,000 tonnes in Q2 2021, 83% higher as compared to Q2 2020 due to higher throughput resulting from consistent plant availabilities and improved recoveries.

Vedanta is one of the world's leading oil & gas and metals company with significant operations in oil & gas, zinc, lead, silver, copper, iron ore, steel, and aluminium & power across India, South Africa, Namibia, and Australia.

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