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2 Otjikoto Final EIA Report 5MB - Asecnam.com

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SLR Namibia (Pty) Ltd<br />

SLR Ref.733.01023.0002<br />

<strong>Report</strong> No.1<br />

Page 1-2<br />

The <strong>EIA</strong>s for these supporting services have not yet been conducted as negotiations are ongoing with<br />

relevant service providers. The <strong>EIA</strong> reports will however be submitted to the relevant ministries once<br />

they are <strong>com</strong>plete.<br />

1.2 PROJECT MOTIVATION (NEED AND DESIRABILITY)<br />

The motivation for the proposed project is economic in nature. Auryx Gold has conducted an extensive<br />

drilling programme over portions of EPL2410 and found there is an economic mineral resource that can<br />

be mined and processed. The proposed project has the potential to benefit the country, society and the<br />

surrounding <strong>com</strong>munities both directly and indirectly. Direct economic benefits will be derived from<br />

wages, taxes, technology transfer, capacity development, and profits. Indirect economic benefits will be<br />

derived from the procurement of goods and services and the increased spending power of employees<br />

through the creation of new jobs at the mine.<br />

<strong>Otjikoto</strong> Gold Mine <strong>EIA</strong> <strong>Report</strong> July 2012

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