JOHANNESBURG (miningweekly.com) – Aim-listed Katoro Gold has completed the second phase of the environmental- and social-impact assessment (Esia) for its Tanzania-based Imweru project.
The National Environmental Management Council acknowledged receipt of the scoping report and terms of reference for the execution of the final phase, being the detailed environmental-impact assessment.
"Completion of phase two of the Esia represents a considerable amount of fieldwork and specialist studies, which was completed ahead of schedule,” CEO Louis Coetzee said in a statement on Monday.
He added that the Esia was a key activity being undertaken in parallel with the project development process and drives a considerable number of approvals required during the project development process.
“Good progress is also being made on the completion of the resource restatement and completion of the prefeasibility study and we will keep shareholders updated in this regard,” Coetzee added.
Katoro expects to develop Imweru into a 50 000 oz/y mine in the medium term. In the longer term, it hopes to increase production to 100 000 oz/y.