In a significant development for the mining industry in Botswana, Giyani Metals Corp has received the Environmental Approval (EA) for its K.Hill project. This crucial milestone enables the company to finalize the Mining Licence application (MLA) for the project, submitted to the Department of Mines before the end of 2023.
Giyani Metals completed the Environmental Impact Assessment (EIA) process in accordance with the Environmental Assessment Act of 2011, the Environmental Assessment Regulations of 2012, and the International Finance Corporation Performance Standards on Environmental and Social Sustainability of 2012. The comprehensive EIA process culminated in the submission of an Environmental Impact Statement (EIS) to the Botswana Department of Environmental Affairs (DEA) in March 2023. Following a detailed review and public consultation, the DEA approved the EIA and issued the EA, valid for 25 years with the possibility of renewal.
The receipt of the EA, alongside the necessary Land Board surface rights approvals and other technical studies, has been pivotal in completing the Mining Licence application process for K.Hill. The proposed Mining Licence area is sufficient to accommodate K.Hill’s operations over its projected 57-year lifespan, as defined in the Preliminary Economic Assessment (PEA) prepared in July 2023.
Danny Keating, President and CEO of Giyani Metals, expressed his satisfaction with the achievement, stating, “Securing environmental approvals for mining projects can often take years, so achieving this milestone in such a short period is a testament to the diligent approach of the Giyani Metals E&S team and the efficient and rigorous review by the DEA.” He also highlighted that Botswana’s reputation as a top mining investment jurisdiction was further validated by this experience.
Keating added that Giyani’s commitment to the IFC Performance Standards, alongside Botswana’s stringent legislation, aligns with the company’s values and ensures compliance with international lenders’ requirements for construction financing. Giyani Metals is now working closely with the Department of Mines, aiming to be granted the Mining Licence in the first half of 2024.
This development is a significant step for Giyani Metals and the Botswana mining sector. It not only underscores the company’s commitment to sustainable mining practices but also highlights the efficiency and transparency of Botswana’s environmental regulatory framework. The approval is expected to bring a positive impact on the local economy and set a precedent for environmental responsibility in mining operations.
Giyani Metals’ progress with the K.Hill project is a notable example of how mining companies can successfully navigate complex environmental regulations while contributing to economic growth. The company’s approach serves as a model for sustainable development in the mining industry, balancing economic interests with environmental stewardship.
In conclusion, the receipt of the Environmental Approval for the K.Hill project marks a crucial juncture for Giyani Metals Corp in its journey towards establishing a sustainable mining operation in Botswana. This achievement not only paves the way for the potential commencement of mining activities but also reinforces the company’s commitment to adhering to high environmental and social standards.
