Operations

Botswana

Galane Gold's operations are located in the Republic of Botswana. Botswana is ranked as the best investment jurisdiction in Africa (World Bank Global Investment Benchmarking Report), the best mining jurisdiction in Africa and 7th best mining country globally (Fraser Institute Global Survey of Mining Companies).

Formerly the British protectorate of Bechuanaland, the country adopted the name Botswana upon achieving independence on September 30, 1966. The country is dominated by the Kalahari Desert which covers approximately 70% of its surface area. Home to approximately 2 million people, Botswana is one the most sparsely populated countries but is also one of the fastest growing economies in the world with a GDP per capital of $14,800 (2010 IMF Estimates).

Operating in a stable and economically sound mining-friendly jurisdiction

Strong Economic Environment

  • Ranked as best mining country in Africa1
  • Political Stability and Legal Stability
  • Strong GDP growth
  • AA credit rating
  • USD$7 billion Sovereign Wealth Fund
  • English speaking

Stable and Simple Legal System

  • As Low as 22% Corporate Tax Rate
  • 5% Royalty on Gold Sales
  • IFRS Accounting System
  • English Law
  • Banking system adheres to international standards

Emerging Mining Powerhouse

  • Mineral rich and historically underexplored
  • Largest diamond exporter in world
  • Gold producer
  • Nickel producer
  • Copper producer
  • Platinum producer
  • Potential uranium producer

1 Fraser Institute report