Name of the Project
Galaxy gold mine restart project.

Location
Galaxy gold is situated 6 km west of Barberton, in Mpumalanga, South Africa, and covers 5 863 ha. The mine comprises 21 east-west-trending gold bodies and four prospects at 600 m to 2 000 m in depth.

Client
Galane Gold.

Project Description
The project involves the phased restart of the Galaxy gold mine, which includes refurbishing existing infrastructure and upgrading the processing facility to take production to 18 000 oz/y.

The first phase includes:
• the refurbishment of the existing 15 000 t/m processing plant, which will include the installation of a new crusher, remedial work to the float section, anew gravity separation section and re-establishment of the elution plant.
• the construction of a new 25 000 t/m carbon-in-leach tailings retreatment plant within the current footprint of the existing processing plant.
• the restart of underground mining at Woodbine, Agnes and Ivy on level 17 using conventional shrink stope mining.
• the start of tailings recovery by sluicing at the Woodbine and Hostel dumps.

This first phase forms a core part of Galane’s long-term strategy to target production of more than 60 000 oz/d.

Jobs to be Created
Not stated.

Net Present Value/Internal Rate of Return
Not stated.

Value
A total of $2-million will be spent on the first phase of the project and it will be funded from internal cash flows, primarily from the Galane’s core operation in Botswana.

Duration
The first phase will take six months to complete.

Latest Developments
Galane’s board of directors approved a $2-million capital expenditure programme in August this year.

Key Contracts and Suppliers
None stated.

On Budget and on Time?
Not stated.

Contact Details for Project Information
Galane Gold chairperson Ravi Sood, email Ravi@GalaneGold.com.