Galane bounces back to profitability
Wednesday, August 24, 2016
According to the BSE-listed miner, net profit came in at $2.2 million (P23 million million) from a loss of $5.2 million (P35 million) in the same period last year with Mupane producing 7,855 ounces of gold.
The company owns Mupane and its recently acquired Galaxy Gold in South Africa. In the three months to June 2016, the company’s net profit printed at $99,173(P1 million), which included Galaxy restart costs of $423,769.
The recent Vaccination Day in Motokwe, orchestrated through collaborative efforts between UNICEF, USAID, BRCS, and the Ministry of Health, underscores a commendable stride towards fortifying child health services.The painful reality as reflected by the Ministry of Health's data regarding the decline in routine immunisation coverage since the onset of the pandemic, is a cause for concern.It underscores the urgent need to address the...