Galane Gold’s board of directors has given approval for a capital expenditure programme required for the first phase of the restarting of production at its Galaxy Gold mine in South Africa up to a target of 60,000oz per annum.
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China set-up $16bn gold mining fund, iron ore shipment started from $10bn Roy Hill project, and Brazil sought $5.2bn in compensation from BHP Billiton and Vale due to a devastating burst dam, while US scientists discovered polluted groundwater cleaning bacteria. Mining-technology.com wraps-up the key headlines from 2015.