The P40bn miracle hidden in the hills above Kanye

Historic: This particular shaft extends about 100 metres horizontally into Kgwakgwe Hill. Miners who operated there before 1957 and 1971, eventually abandoned the site as prices for the metal declined, while the shaft grew riskier due to the rudimentary mining methods being used PICS: MBONGENI MGUNI
Historic: This particular shaft extends about 100 metres horizontally into Kgwakgwe Hill. Miners who operated there before 1957 and 1971, eventually abandoned the site as prices for the metal declined, while the shaft grew riskier due to the rudimentary mining methods being used PICS: MBONGENI MGUNI

Just south of Kanye stands Kgwakgwe Hill, a historically important landmark steeped in mystery, culture and – according to the latest geological studies - at least $3 billion manganese riches. The company developing the mine expects to hit full production by 2026, transforming Kanye and surrounding areas, reports Staff Writer, MBONGENI MGUNI

Giyani Metals officials are sensitive to the need to manage expectations. And with good reason. It’s not every day that geological studies confirm the existence of billions of Pula in revenue, or verify millions of tonnes of a mineral desperately required by the new age economy, the era of renewable energy and electric vehicles.

The fact that the area has been the subject of previous mining, been abandoned and suffered a failed resurrection attempt, also makes the management of expectations a critical issue. For the residents of Kanye, whose economy lies in the shadow of Gaborone and Jwaneng, excitement is building about the potential at Kgwakgwe Hill, particularly as the sightings of trucks bearing ore increase in frequency.

Editor's Comment
CAF is a joke, but...

We are told of massive spin-offs for hosting countries, which we assume was the catalyst behind putting in the bid.We are not too sure if it is a one-size fits all, where any hosting nation reaps the benefits or it’s on a case-by-case basis.There are arguments from both ends, with hosting a sure way to accelerate infrastructure development and a guaranteed cash flow during the 30-days of the tournament.There is a bump in employment creation...

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