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Barrick Gold takeover offer for Acacia 'terrific news' for Tanzania - Shanta Gold CEO

Shanta Gold Ltd (LON:SHG) CEO Eric Zurrin tells Proactive London's Andrew Scott directors at Acacia Mining PLC (LON:ACA)  recommending a takeover offer from parent Barrick Gold is something he's been hoping to see for sometime.

''Overall it's terrific news for Tanzania''.

''For the last two and a half years the road has been quite bumpy for anyone involved in Tanzania ... but the good news now is that Barrick has fixed that''.

Quick facts: Shanta Gold Limited

Price: 10.95 GBX

AIM:SHG
Market: AIM
Market Cap: £86.94 m
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Shanta Gold reiterates full year guidance while balance sheet's in 'best...

Shanta Gold Ltd's (LON:SHG) Eric Zurrin caught up with Proactive London's Andrew Scott after announcing they'd produced 20,167 ounces of gold from its Tanzanian operations during the first quarter of 2020. That's up from the 19,550 ounces produced in the fourth quarter of 2019. ''Our...

on 20/4/20

2 min read