Galane Gold looks to expand resource base
Tuesday, May 21, 2013
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Addressing a press conference after the Galane Gold flag raising event recently, Manjengwa said the sole gold producer in the country is doing everything within its power to expand the resource base which is fast depleting.
Manjengwa said Galane Gold is currently carrying out a feasibility study on underground mining in a move aimed at prolonging the mine's lifespan and supplementing the depleting resource at Mupane Gold Mine. Mupane Gold Mining is a 100 percent subsidiary of Galane Gold Ltd along with two other companies in Botswana, Shashe Mines (Pty) Ltd and Galane Gold Botswana (Pty) Ltd which is listed on the Botswana Stock Exchange (BSE). ÒThe mine has limited resources but with a lot of potential,Ó said Manjengwa.
The BDP as a party known to have ample resources has always held its primaries well in time, but this time around that was not the case. The first leg of the primaries was held last weekend, with the final leg being billed for the coming weekend. This time around, the BDP failed to shine in its primary elections. The elections were chaotic; most if not all polling stations didn't open at the specified time of 6am. Loyal BDP members braved the...