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Galane Gold


Market CapC$15m

Last Close C$0.07

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.

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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.

Content on Galane Gold
Galane Gold – To the Galaxy and beyond
Metals & mining | research Initiation | 2 October 2018
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Share price graph
Price performance
Actual 27.3 55.6 40.0
Relative* 24.3 52.7 36.3
52-week high/low C$0.1/C$0.0
*% relative to local index
Key management
Ravi Sood Chairman
Nick Brodie CEO
Gavin Vandervegt FD