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
BPF should get house in order

Speaker of the National Assembly, Dithapelo Keorapetse, has this week rightly washed his hands of the mess, refusing to wade into a party squabble that has no clear leadership and no single version of the truth.When a single party sends six different letters to the Speaker’s office, each claiming to be the authoritative voice, it is not just confusion, but an embarrassment.Keorapetse is correct to insist on institutional boundaries. Parliament...

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