Giyani Metals (“Giyani”) has released a Definitive Feasibility Study (“DFS”) on its K.Hill project in Botswana, delivering a post-tax NPV8% of US$481m and IRR of 20.3%. With a 220ktpa throughput capacity, the 5.3Mt Reserve defines a 25-year mine life, down from 57 years in the PEA which included inferred material. K.Hill will produce High Purity Manganese Sulphate Monohydrate (“HPMSM”, 92.5% of sales) and High Purity Manganese Oxide (“HPMO”, 7.5%), as well as an ammonium sulphate by-product. The ....
