Aveng reposted this
MOOLMANS SECURES R10.6 BILLION CONTRACT FOR GAMSBERG MINE We are proud to announce that Moolmans has secured a 60-month, R10.6 billion contract with Black Mountain Mining (Pty) Ltd (jointly owned by Vedanta and Exxaro Resources) for the Gamsberg Mine in the Northern Cape, South Africa. The contract underscores Moolmans’ world-class expertise, our commitment to operational excellence and strong client relationships, and reaffirms our position as a premier mining contractor on the African continent. A dedicated Moolmans team has worked with Black Mountain to oversee the ramp up to full operations by 1 April 2025, ensuring a seamless transition to the new contract while maintaining the highest safety and productivity standards. Equipment has been redeployed from completed projects, with new machinery commissioned in partnership with key OEMs. The contract enables a significant R1.3 billion fleet renewal programme, to ensure Moolmans is well positioned to significantly increase contracted volumes, supporting Black Mountain’s growth strategy and delivering on Gamsberg’s growth ambitions. At the same time, the project is set to enhance economic benefits to the Northern Cape as Moolmans creates 342 direct new jobs, bringing our site workforce to 690 people. Aveng CEO Scott Cummins stated: “This contract underscores Moolmans’ expertise and strong client relationships. We are proud to support Gamsberg’s growth while boosting employment and economic benefits in the Northern Cape.” Moolmans’ Managing Director, Rod Dixon, added: “We are committed to delivering operational excellence and ensuring a seamless transition to the new contract while maintaining the highest safety and productivity standards.” Vedanta Base Metals CEO, Chris Griffith concluded: “At Vedanta, we are committed to fostering strong partnership with our business partners, recognising our collective growth and success are closely interconnected. Our long-term vision is to create a prosperous future for the Black Mountain Complex where all stakeholders including our employees, business partners and surrounding communities can thrive. We look forward to Moolmans contribution towards this vision.” This milestone contract award is based on our 75-year track record in Africa’s mining landscape and a solid reputation for reliability and performance which ensures that we continue to live up to our commitment to deliver resources for a better future. Vedanta Zinc International