GG – Galane Gold Ltd



Galane Gold Ltd is Shariah compliant. The company passes all five major Shariah standards.


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Analysts' Rating


1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL

Total Analysts: 0

Company Profile

Galane Gold Ltd. is a Canada-based gold producer and explorer with mining operations and exploration tenements in South Africa and New Mexico. The Company operates in one reportable segment, exploration, development, and operation of gold mining properties. Its operations include Galaxy gold Summit & Banner mill. The Galaxy gold mine is located approximately eight kilometers (km) west of the town of Barberton and 45 km west of the provincial capital of Nelspruit in the Mpumalanga Province of South Africa. The Galaxy Gold Mine covers over 58.6 square kilometers, which is a part of Barberton Greenstone Belt. Summit is situated in the Steeple Rock Mining District, within Grant County, New Mexico, United States of America, which is two hours east of Tucson, Arizona via state and sealed highways. The Summit property has approximately 4,000 acres of patented and unpatented mining claims and mining leases. The 240 ton/day Banner flotation mill is located 57 miles from the Summit Mine.

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