Giyani gets approval for Lobatse environmental plan
Giyani Metals (TSXV:EMM) has received final approval from the Department of Environmental Affairs (DEA) in Botswana for its Lobatse manganese project’s environmental management plan (EMP).
The environmental framework required to proceed with exploration activities at Lobatse is now in place, the company says.
The final approval was granted after the customary one-month public review process during which the Giyani was required to advertise the details of the EMP in the Government Gazette and local newspapers. During the period of review, there were no concerns raised by any stakeholders, and the DEA issued an official acceptance letter last week.
“This is another great example of Botswana’s dedication to supporting its mining industry, especially as the country has introduced its own in-country restrictions following the covid-19 global pandemic,” CEO Robin Birchall said in a media release.
The approval was the last of the three that the company has received across its K. Hill, Lobatse and Otse project sites.
Shares of Giyani Metals rose more than 9% at Friday’s open. The Oakville, Ontario-based manganese explorer has a C$10.25 million market capitalization.