Kogi Iron completes ESIA for Agbaja iron-ore project in Nigeria

7 January 2014 (Last Updated January 7th, 2014 18:30)

Kogi Iron has completed an environmental and social impact assessment (ESIA) for its Agbaja iron-ore project in Nigeria.

Mining

Kogi Iron has completed an environmental and social impact assessment (ESIA) for its Agbaja iron-ore project in Nigeria.

Greenwater Environmental Services conducted the ESIA, which began in January 2013, and found no environmental or social impediments for the development of the project.

Kogi Iron said the ESIA evaluates the technical and economic viability of a five million tonnes per year iron-ore operation at Agbajaan and is an important component of the preliminary feasibility study (PFS).

The ESIA, which was supported by the Nigerian Government and local communities, also found that the project would positively impact the local economy, Kogi State and Nigeria.

No rare or endangered species of flora or fauna were identified in the proposed mine and operational areas, and any expected environmental impact from the activities would be managed through the requisite environmental management plan.

Kogi Iron will submit the ESIA to the Federal Ministry of Environment in January 2014, where there will be a mandatory 21 working days public exposure period.

The Nigerian Federal Ministry of Environment and Mines Environmental Compliance Department will conduct a panel review of the ESIA. Approval is expected at the completion of this process.

Perth-based Kogi Iron intends to become an African iron-ore producer through the development of its Agbaja iron-ore project in Kogi State, Republic of Nigeria, West Africa.

The company is conducting a PFS on a potential iron-ore operation at the Agbaja Plateau, which would initially use barging transport to deliver its iron-ore product along the Niger River to Warri Port and world export markets.

Kogi Iron holds a land position of about 400km², covering 15 tenements and with its main focus being EL12124, which covers a large part of the Agbaja Plateau.

The Agbaja Plateau hosts a shallow, flat-lying channel iron deposit with indicated and inferred mineral resource of 586 million tonnes with an in-situ iron grade of 41.3%.


Image: Kogi Iron will submit the ESIA to the Federal Ministry of Environment in January 2014. Photo: courtesy of FreeDigitalPhotos.net.

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