Galane Gold - To the Galaxy and beyond
Since 2014, the ramp-up of Tau Underground has transformed Galane’s Mupane mine, increasing mined grade and lowering cash operating costs to average just US$871/oz over the past 12 months. Galane has now also secured funding to bring the Galaxy mine into production by Q119, which could add a further 25koz per year at cash costs of around US$800/oz.Galane Gold's principal business activities are the exploration for, development of, and operation of gold mining properties. Co. operates through its wholly owned subsidiary, Galane Gold Mines Ltd., which in turn operates a producing mine located in the Republic of Botswana through subsidiaries located in Botswana.
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