Saturday, May 18, 2024

Department of Mines approves Giyani Metals’ shipment of manganese material

Giyani Metals Corporation, the Toronto Stock Exchange (TSX) listed outfit hailed Botswana Department of Mines’ (DoM) move to approve its bid to ship-out its trial ore for testing as it takes an aims for a mining license.

“Last month, the Botswana Department of Mines approved the shipment of 100 tonnes of K.Hill ( Kgwakgwe Hill ) manganese oxide material to the Demo Plant site to  provide representative feed stock for the processing  and production of high purity manganese sulphate monohydrate (HPMSM) for qualification by potential off-takers,” the company said this week.

“The 100 tonnes subsamples was selected from over 200 tonnes of material collected from the three outcrop around the K.Hill resource, and this subsamples was crushed and packed into one-tonnes bags and delivered to the Demo Plant,” it added.

Kgakgwe Hills which is located in the south western outskirts of Kanye village has an indicated resource of 2.1 million tonnes of high grade manganese oxide – which is a material needed for lithium-ion batteries which are used in electric vehicles.

The in-coming Chief Executive Officer, Danny Keating said the Demo Plant which is currently in South Africa has been built on skids to enable it to be shipped to Botswana once they start commercial production.

“Further fabrication and delivery of key equipment will be completed over the coming months and the Demo Plant, when built and commissioned, will have the capacity to produce up to 600 kg per day. Our flagship K. Hill ( Kgakgwe Hill) manganese project has the potential to be one of the most significant and largest battery-grade manganese producers globally,” the then  Chief Executive of Giyani , Jonathan  Henry said in a statement early this year.

“Giyani’s probable reserve grade of 18.9 percent manganese oxide is the highest among its listed battery–grade manganese peers and underpins a scalable operation with initial throughput of 200 thousand tonnes ore production per annum, offering potential future production capacity expansion, “the company said in its feasibility report.

Henry further stated that the demand for lithium-ion batteries is expected to spike-up 30 fold up to year 2036.

Giyani Metals has another manganese site at Otse village by Lentswe La Baratani which was last mined at the beginning of the 20th Century. Prospecting is still ongoing there. The latest development is expected to bolster Botswana’s position in global industrialisation as copper and nickel are also needed to aid the transition to electric vehicles.

Henry said the ongoing work has the potential of consolidating the project plan of the two sites with the aim of extending the life-span of Kgakgwe Hill beyond the projected 11 years.

“The K Hill orebody will be extracted in an open pit using a conventional truck-and –shovel mining method,” the company said.

In addition, the company notes that “the mine plan includes 8.5 years of mining with an additional 2.5 years of stockpile re-handling and process”. This will result in 11 years on mining with the potential to go up to 20 years.

Few weeks back, Giyani submitted its Environmental Impact Assessment (EIA) report to Department of Environmental Affairs for assessment. It’s expected that the company will use modern technology that will leave behind a low carbon footprint. If approved, this will then trigger the application for a mining license.


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