Galane Gold is a greenstone gold producer with a management team which boasts extensive experience in turning around challenging mining operations across the globe. Galane currently owns two assets Mupane Gold Mine in Botswana, which has produced over 700,000 ounces, with an annual production forecast of over 30,000 ounce a year going forward at a forecast AISC of approximately $1,050 an ounce. Galaxy Gold located in South Africa which has produced over 1 million ounces historically which restarted production in early 2019 with a plan to take production up to 60,000 ounces per annum at an AISC of $700 an ounce.
Nicholas Brodie – CEO
Joined Galane Gold in October 2012 as the CFO and was promoted to CEO in November 2014. Under his stewardship Galane has transitioned its main asset Mupane from a short life, high cost open pit mine to a long life, low cost underground operation. He was previously the CFO of Katanga Mining (DRC), an advisor at Metallon Gold (Zimbabwe), CFO of Copperbelt Energy Corporation (Zambia) and Head of Finance at Total SA.
Ravi Sood – Chairman
A financier and venture capitalist. Mr. Sood was the founder of Navina Asset Management, a Toronto-based investment firm, the founder of Feronia Inc., a large-scale plantations agriculture company and Blockchain Power Trust, an emerging-markets focused renewable energy producer.
What is your rationale for attending 121 Mining Investment?
Having successfully transitioned Mupane to a cash positive operation, and restarted operations at Galaxy, Galane Gold would liken to broaden its shareholder base as part of its growth strategy.
Galane is now listed on the OTC QB which means it shares can now be electronically traded in North America in US dollars.
The re-commencement of Galaxy to full production should be a catalyst for a re-rating of the companies market valuation.
What recent news would you like to highlight to investors attending?
AUG 15, 2019
GALANE GOLD LTD. RELEASES FINANCIAL AND OPERATING RESULTS FOR Q2 2019
MAY 29, 2019
GALANE GOLD LTD. RELEASES FINANCIAL AND OPERATING RESULTS FOR Q1 2019
APR 29, 2019
GALANE GOLD LTD. RELEASES FINANCIAL AND OPERATING RESULTS FOR 2018
APR 16, 2019
GALANE GOLD LTD. REPORTS THE COMMISSIONING OF THE 15,000 TONNE PER MONTH PLANT AT THE GALAXY PROJECT AND THE PRODUCTION OF ITS FIRST CONCENTRATE
APR 11, 2019
GALANE GOLD LTD. REPORTS FIRST ORE MINED FROM THE PRINCETON ORE BODY AT ITS GALAXY PROJECT
MAR 19, 2019
GALANE GOLD LTD. ANNOUNCES THE COMPLETION OF A TRANSACTION WITH THE PHAKAMANI FOUNDATION TRUST AS PART OF ITS EMPOWERMENT
What are your key goals for the next 3, 6 and 12 months?
To complete upgrade of Galaxy plant to 30,000 tonnes per month
To have commenced mining in the Galaxy ore body
To be at full production at Galaxy at 25k ounces per annum
What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?
Recommencement of Galaxy
In a sentence, what do you think makes your company such a compelling investment?