Gold exports on course for bumper year

Throughout the stop-start history of gold mining in Botswana, 2011 boasted the highest export figures of P524.7 million followed by P460.5 million in 2010. Stronger gold export figures were recorded from 2005 when Galane Gold's Mupane Gold Mine began operating under its previous owners.

According to recently released Bank of Botswana data, gold exports between January and November last year amounted to P586.5 million, with the first quarter being particularly profitable at P187.9 million. At a monthly average of P53 million for the first 11 months of 2012, full year gold exports for 2012 could close near P640 million.