Mining’s old guard needs strong medicine
A new report details subpar investor returns in the mining industry over the last decade, particularly big cap diversified companies which have not adapted to new realities.
TORONTO, ONTARIO–(Marketwire – Sept. 29, 2011) – Galane Gold Ltd. (“Galane” or the “Corporation”) (TSX VENTURE:GG) is pleased to announce that it has retained KPMG LLP to replace Deloitte & Touche LLP as its auditor. There has been no discovery of any accounting or other irregularities which prompted the change of auditors. KPMG LLP was the auditor of Galane Gold Mines Ltd., the operating company that was acquired pursuant to the recently completed qualifying transaction by the Corporation.