• Connect with us
  • Information
    • About Us
    • Contact Us
    • Careers
    • Partnerships
    • Advertise With Us
    • Authors
    • Browse Topics
    • Events
    • Disclaimer
    • Privacy Policy
  • NORTH AMERICA EDITION
    Australia
    North America
    World
Login
Investing News NetworkYour trusted source for investing success
  • NORTH AMERICA EDITION
    North America
    Australia
    World
  • My INN
Videos
Companies
Press Releases
Private Placements
SUBSCRIBE
  • Reports & Guides
    • Market Outlook Reports
    • Investing Guides
  • Button
Resource
  • Precious Metals
  • Battery Metals
  • Base Metals
  • Energy
  • Critical Minerals
Tech
Life Science
Battery Metals Market
Battery Metals News
Battery Metals Stocks
  • Battery Metals Market
  • Battery Metals News
  • Battery Metals Stocks

Magnis Resources Details Quarterly Activities

Pia Rivera
Aug. 04, 2015 11:43AM PST
Battery Metals Investing

Magnis Resources (ASX:MNS) reported operational activities for the Nachu Graphite Project in Tanzania, for the quarter ending June 30th, 2015. Highlights included submission of the Environmental Social Impact Assessment to the National Environment Management Council (NEMC) Tanzania, ongoing engineering and site infrastructure work, and continued activities with the community.

Magnis Resources (ASX:MNS) reported operational activities for the Nachu Graphite Project in Tanzania, for the quarter ending June 30th, 2015. Highlights included submission of the Environmental Social Impact Assessment to the National Environment Management Council (NEMC) Tanzania, ongoing engineering and site infrastructure work, and continued activities with the community.
As quoted in the press release:

EIS Submission
The Environmental Social Impact Assessment (ESIA) phase has been completed and subsequently the Environmental Impact Study (EIS) was submitted to the National Environment Management Council (NEMC) Tanzania.
Following the submission of a draft EIS, site inspections by staff from NEMC and the Ministry of Energy and Mines (MEM) were conducted and Technical Advisory Committee meetings have been completed. The comments received from the visits and meetings were addressed and incorporated into the final EIS document.
The EIS was completed by consultants MTL Ltd, Tanzania and Digby Wells Environmental based in South Africa and adhered to IFC standards and comprehensively covered all environmental and social aspects of the Project.
The process for gaining approval for the Special Mining License continues to track to schedule.
Government and Community involvement
Community engagement has been a high priority for Magnis. Meetings have been held regularly with all stakeholders to explain the Company’s activities at each stage of the project. Good lines of communication with all stakeholders and our transparency with the community has resulted in a mutually respectful relationship.
A comprehensive Corporate Social Responsibility (CSR) program is being developed with the local stakeholders that will concentrate on long term sustainable benefits to the whole community such as water supplies, health and education. Several contributions have been made by Magnis to various local village projects including the improvement of a primary school and the construction of a medical clinic.
Presentations have been held with the Commissioner for Minerals and other officials in the Tanzania Ministry of Energy and Minerals. In discussions to date, all levels of the Government have been very supportive of getting the Project into operation.
2015 Drilling Programme
With the conclusion of the wet season, the 2015 drilling program began in the middle of May.
This program had a number of objectives that included:

  • Resource drilling to refine the Mine Plan in preparation for future operations;
  • Site preparation drilling including geotechnical drilling for the Tailings Storage Facility and water storage dam; and
  • Water bore drilling to confirm an alternative source to river water for construction and/or operation phases.

Click here for the full Magnis Resources (ASX:MNS) press release.
Click here for the Magnis Resources (ASX:MNS) profile.

corporate-social-responsibility nachu-graphite-project magnis-resources
The Conversation (0)

Go Deeper

AI Powered
Saga Metals (TSXV:SAGA)

Saga Metals

TSX and TSXV website on phone screen.

6 Mining and Energy Stocks Make Top 10 on 2025 TSX Venture 50 List

Latest News

Outlook Reports

Resource
  • Precious Metals
    • Gold
    • Silver
  • Battery Metals
    • Lithium
    • Cobalt
    • Graphite
    • Electric Vehicles
  • Agriculture
  • Base Metals
    • Copper
    • Nickel
    • Zinc
  • Critical Metals
    • Rare Earths
  • Energy
    • Uranium
    • Oil and Gas
Tech
    • Artificial Intelligence
    • Cybersecurity
    • Robotics
    • Crypto
    • Cleantech
Life Science
    • Biotech
    • Cannabis
    • Pharmaceuticals

Featured Stocks

More featured stocks

Browse Companies

Resource
  • Precious Metals
  • Battery Metals
  • Energy
  • Base Metals
  • Critical Metals
Tech
Life Science
MARKETS
COMMODITIES
CURRENCIES