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Strong zinc output from Black Mountain, Skorpion – Vedanta

Creamer Media Editor
Diversified mining company Vedanta Resources said on Friday that its Vedanta Zinc International subsidiary had delivered strong zinc production at Black Mountain in the Northern Cape and at Skorpion in Namibia in the three months to the end of December, and that the $400-million Gamsberg zinc project was on track for first production in mid-2018. The London-listed and India-domiciled company, headed by executive chairperson Anil Agarwal, reported 21%-higher earnings before interest tax depreciation and amortisation (Ebitda) of $41.068-million on higher volumes and prices, maintaining a robust 34% Ebitda margin.

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