CA$11m market cap
CA$0.05 last close
Galane is a junior gold producer with one operating mine in Botswana (Mupane) and a second mine in South Africa (Galaxy) on care and maintenance but set to restart production within the next six months.
Investment summary
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.
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| Metals & mining |
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Key management |
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| Ravi Sood | Chairman |
| Nick Brodie | CEO |
| Gavin Vandervegt | FD |
