BUSINESS DIGEST

GIYANI CONFIRMS CASH VALUE OF BOTSWANA’S MANGANESE PROJECT

Giyani Metals Corporation says a feasibility study for the K.Hill project, in Botswana, has confirmed a low capital intensity for what can be one of the largest high-purity manganese sulphate monohydrate (HPMSM) projects in the world. The study, which was prepared by SRK Consulting, determines that the project has a net present value of $481-million after tax, with an internal rate of return of 28percent.