August 2016
MODERN MINING
19
MINING News
Galane Gold, which is listed on the TSX-V,
and owns and operates the Mupane gold
mine near Francistown in Botswana, has
approved a US$2,0 million capital expen-
diture programme required for the first
phase of the recommencement of produc-
tion at its Galaxy gold mine in South Africa,
up to a target of 60 000 ounces per annum.
Galane anticipates that the first phase
will take six months to complete and will
be funded from internal cash flows pri-
marily from the company’s core operation,
Mupane, where an underground operation
has now been established to mine the Tau
orebody.
The first phase of the capital project is
designed to refurbish existing infrastruc-
ture and upgrade the processing facility
to take production to 18 000 ounces per
annum. It covers the following steps:
The refurbishment of the existing
15 000 tonnes per month processing
plant which will include the installation
of a new crusher, remedial work to the
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08.03.16 18:05
Galane approves US$2 million investment in Galaxy
float section, a new gravity separation
section and re-establishment of the elu-
tion plant.
The construction of a new 25 000
tonnes per month CIL tailings retreat-
ment plant within the current footprint
of the existing processing plant.
The recommencement of underground
mining at Woodbine, Agnes and Ivy
on 17 level using conventional shrink
stope mining.
The commencement of tailings recov-
ery by sluicing at the Woodbine and
Hostel dumps.
“The second major goal for Galane
this year is to recommence production
at Galaxy,” says Galane Gold CEO Nick
Brodie. “Having achieved our first goal to
commence mining in the main orebody
at Tau, management of the company can
now concentrate on the implementation
of the first phase of this project at Galaxy.
This first phase forms a core part of our
long-term strategy to target production of
over 60 000 ounces per year at Galaxy.
“It is an exciting time for Galane as we
start to see the fruition of all the hard work
we have put in over the last five years to
reshape the company into a long-life
and low-cost operation that can produce
positive returns for investors across com-
modity cycles.”
The Galaxy gold mine is located
approximately 8 km west of the town of
Barberton and 45 km west of the provin-
cial capital of Nelspruit (Mbombela) in
South Africa’s Mpumalanga Province and
covers an area of 5 863 ha. The mine com-
prises 21 east-west trending gold bodies
and four prospects at 600 – 2 000 m depth.
Currently, over 75 historical adits exist
within the mining area.
Galaxy’s existing processing facilities
consist of a south plant comprising crush-
ing, milling, flotation, elution and smelting
sections and a north plant equipped for
biological oxidation and leaching of flota-
tion concentrate.