July 18 (Reuters) - Galane Gold Ltd GG.V :
* Galane Gold Ltd. reports board approval to re-commence production at Galaxy
* Board approved $2 million capex program for first phase of recommencement of production at company's Galaxy gold mine in South Africa
* Currently forecasting that it will produce gold at Galaxy at end of Q4 of 2016 Source text for Eikon: ID:nCNWnhLRYa Further company coverage: GG.V
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