Galane Gold Ltd. is responding to a request from the Investment Industry Regulatory Organization of Canada, following the trading activity occurring today in its common shares. The Company is not aware of any corporate developments or other reason for the recent increase in market activity. About Galane Gold Galane Gold is an un-hedged gold [...]
Galane Gold Ltd. is pleased to announce the release of its financial results for the three months ended March 31, 2019. A copy of the unaudited condensed consolidated interim financial statements for the three months ended March 31, 2019 prepared in accordance with International Financial Reporting Standards and the corresponding Management’s [...]
Galane Gold Ltd. is pleased to announce the release of its financial results for the year ended December 31, 2018. All amounts are in United States dollars unless otherwise indicated. A copy of the audited consolidated financial statements for the year ended December 31, 2018 prepared in accordance with International Financial Reporting Standards [...]
Galane Gold Ltd. is pleased to announce that it has commenced commissioning of its 15,000 tonne per month plant at the Galaxy project and the production of its first concentrate. Galaxy has commenced operating through the existing refurbished 15,000 tonne per month plant in line with its schedule for the restarting of production. The Company will [...]
Galane Gold Ltd. is pleased to announce that it has mined its first ore from the Princeton ore body at its Galaxy project . Galaxy had targeted in its original plan to produce ore from the Princeton ore body commencing in June 2019. Upon review of its mine plan, Galaxy was able to accelerate the mining of the ore and put itself ahead of its [...]
Galane Gold Ltd. is pleased to announce that it has completed the donation of 17% of the total issued share capital of Galaxy Gold Mining Ltd to the Phakamani Foundation NPC as part of its empowerment requirements in South Africa. Phakamani is a development micro-finance institution that envisages South Africa as a country in which even the poorest [...]
Galane Gold Ltd. is pleased to announce that it has received the funds from its first draw down request with regards to the secured loan facility with Barak Fund SPC Limited . The funds from the Barak Facility will be used to increase the processing plant capacity to 30,000 tonnes per month. It will also be used for the development and first fit [...]
Galane Gold Ltd. is pleased to announce that during 2018, the Company produced 35,528 ounces of gold at its Mupane property which represents its best annual output since 2013. Galane Gold CEO, Nick Brodie, commented: “This represents a strong year for the Mupane operations with production from Tau underground contributing to exceptional [...]
Galane Gold Ltd. announces that it has terminated its previously announced agreement to acquire the Andy Well Project from Andy Well Mining Pty Ltd and Doray Minerals Ltd. due to various conditions precedent not being met. About Galane Gold Galane Gold is an un-hedged gold producer and explorer with mining operations and exploration tenements in [...]
Galane Gold Ltd. is pleased to announce that it has placed the material orders required for the processing plant upgrade according to its plan to recommence production at its Galaxy Project by April 2019. Galane has already refurbished the existing 15,000 tonnes per month processing plant at Galaxy and the upgrade will increase the plant capacity [...]
Galane Gold Ltd. is pleased to announce the release of its financial results for the three and nine months ended September 30, 2018. All amounts are in United States dollars. A copy of the unaudited condensed consolidated interim financial statements for the three and nine months ended September 30, 2018 prepared in accordance with International [...]
Galane Gold Ltd. is pleased to announce that it has entered into a purchase agreement to acquire certain Western Australian mining tenements and related plant, equipment and assets from Andy Well Mining Pty Ltd and Doray Minerals Ltd. . Transaction Galane Gold has entered into a purchase agreement with the Vendor, pursuant to which a wholly-owned [...]