Kogi Iron has completed its environmental and social impact assessment (ESIA) for its 100% owned Agbaja iron ore project on schedule.
The ESIA work was conducted by Greenwater Environmental Services and commenced in January 2013, Kogi Iron said in a statement. As previously advised, the ESIA is a key component of the Australian based iron ore development company’s preliminary feasibility study evaluating the technical and economic viability of a 5 million tonne per annum iron ore operation at Agbaja.
The ESIA concluded that there are no environmental or social impediments for the development of the Agbaja Project. In terms of environmental impact, the ESIA reported that the areas directly affected by Kogi Iron’s proposed mining and processing activities are predominantly low value scrub land and savannah woodland intercepted by grasslands, all of which have limited agricultural use or environmental significance.
There were no rare or endangered species of flora or fauna identified in the proposed mine and operational areas, and furtermore the ESIA stated that anticipated environmental impacts from planned mining, processing and associated activities can be mitigated and managed via the requisite Environmental Management Plan, submitted as part of the ESIA.
The overall assessment of the potential and associated social impacts of the Agbaja Project was positive. The ESIA gauged that the project would positively impact the local stakeholder economy and the Local Government area and communities of the Agbaja plateau generally, with similar positive impacts on Kogi State and Nigeria.
The proposed mine development will contribute to socio-economic development within the host communities and result in economic empowerment for the indigenes and residents of the Agbaja plateau, predominantly by way of direct and indirect employment opportunities (including contract opportunities during the construction and operational phases of the proposed mine).