Galane Gold completes acquisition of Galaxy Gold

Mupane Gold Mine
Mupane Gold Mine

The country’s sole gold miner, Galane Gold has announced that it has completed the acquisition of Galaxy Gold, a gold mining company in the Mpumalanga Province of South Africa

Galane Gold, which owns the Mupane Gold Mine, located approximately 50 kilometres from Francistown in northeastern Botswana, said it will make an offer to all other shareholders of Galaxy to acquire the remaining shares on economically equivalent terms.

Chief executive officer, Nick Brodie said they are pleased to have completed the acquisition noting it added what they believe is a significant asset to the company’s portfolio.

Editor's Comment
Oh what a State funeral!

That rare sight deserves heartfelt praise, not only for President Duma Boko and his administration, but also for the Botswana Democratic Party (BDP), the Umbrella for Democratic Change (UDC), the Mogae family, and the entire country.President Boko’s decision to grant a full state funeral to a man who belonged to a rival party was a mark of true statesmanship. He recognised that national leadership carries a weight that belongs to the whole...

Have a Story? Send Us a tip
arrow up