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Botswana|Consulting|Mining|PROJECT|Refining|Resources|srk|SRK Consulting|Environmental|Drilling
Botswana|Consulting|Mining|PROJECT|Refining|Resources|srk|SRK Consulting|Environmental|Drilling
botswana|consulting-company|mining|project|refining|resources|srk|srk-consulting|environmental|drilling

K.Hill manganese project, Botswana

6th November 2020

By: Sheila Barradas

Creamer Media Research Coordinator & Senior Deputy Editor

     

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Name of the Project
K.Hill manganese project.

Location
The Kanye basin, in south-eastern Botswana.

Project Owner/s
Giyani Metals Corp.

Project Description
A preliminary economic assessment (PEA) has demonstrated the strong potential of the project.

The project envisages an operation with a nine-year life-of-mine, producing 245 000 t of high-purity electrolytic manganese metal.

The PEA proposes traditional truck-and-shovel mining methods. The proposed process for the production of electrolytic manganese metal includes comminution, leaching, solid/liquid separation and solvent extraction, as well as electrowinning and refining.

Potential Job Creation
Not stated.

Net Present Value/Internal Rate of Return
The project has a pretax net present value, at a 10% discount rate, of C$491-million and an after-tax internal rate of return of 90.6%, with a payback of 1.5 years.

Capital Expenditure
Preproduction capital expenditure is estimated at $369-million.

Planned Start/End Date
The project aims to break ground in July 2020.

Latest Developments
Giyani Metals Corporation has started with an infill drill programme at the K.Hill manganese project to upgrade the current inferred mineral resource to indicated mineral resources.

The programme will comprise 90 holes for 2 700 m of reverse circulation drilling and nine holes for 250 m of diamond core drilling.

The company expects the Botswana Department of Environmental Affairs to approve a scoping and terms of reference on the project before the end of the year, which will help to inform a feasibility study.

Key Contracts, Suppliers and Consultants
SRK Consulting (PEA); Tetra Tech and Royal IHC (feasibility study) and Minviro (ISO-LCA).

Contact Details for Project Information
Giyani Metals Corp, tel +1289291 4032 or email info@giyanimetals.com.

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Edited by Creamer Media Reporter

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