Shanta Gold beefs up New Luika potential with meaty resource at Nkuluwisi
At just shy of 84,000 oz, most of the resource is also in the higher certainty indicated category.
Company
Shanta Gold Ltd
LON:SHG
Shanta Gold Ltd is an East Africa-focused gold producer, developer, and explorer. The company has an established operational track record, with defined ore resources on the New Luika and Singida projects in Tanzania, with reserves of 625 koz grading 2.91 g/t, and exploration licences covering ~800 km 2 in the country. Alongside New Luika and Singida, Shanta also owns the high-grade West Kenya Project in Kenya and licences with resources of 1.7 million ounces.
487 stories · page 18 of 25
FTSE 100 dragged lower as Brexit worries whirl; Sainsbury's weighs
The FTSE 100 closed 15.52 down at 7,234 with Sainsbury's and mining shares under pressure
Archive
Proactive weekly mining news – Goldplat, Strategic Minerals, Metal Tiger…
A look at the week’s highlighted news for the junior miners
Archive
Proactive news round-up: IronRidge Resources, Jersey Oil & Gas, Ortac Resources …
A glance at some of the stories on the Proactive newswire today
Shanta Gold upbeat as margins improve and production at New Luika mine in Tanzania ticks up
Underground mining at New Luika also got underway with 15,171 tonnes of ore processed
Proactive weekly mining news – Mariana Resources, Ariana Resources, Shanta Gold ...
A look at the week’s highlighted news for the junior miners
Illika accelerates away on US battery patent
Main share price risers and fallers in London at 3.45pm: Ilika, Halma, Public Service Props
Shanta Gold raises production forecast as it extends life of Tanzania mine under revised plan
Shanta said it remains on track to achieve its full year production guidance as it unveiled its revised mine plan
FTSE 100 closes higher with retailer Next top riser
FTSE 100 was three points higher at 7,238, Next rises strongly.
Archive
Proactive weekly mining news – Kodal Minerals, Asiamet, W Resources…
A look at the week’s highlighted news for the junior miners
Shanta Gold finds mineable material at another New Luika satellite
Toby Bradbury, Shanta’s chief executive, said: "The excellent exploration results from Nkuluwisi once again showcases the geological potential of the Lupa Goldfields.”
Acacia Mining slumps on Tanzanian export ban
Some of the largest risers and fallers in London at 3.45pm: Acacia Mining, Shanta Gold, Velocys
Archive
Proactive weekly mining news summary, including Hummingbird Resources, StratMin Global Resources
A look at the highlights of the week's small cap mining news
Shanta Gold set for long life in Tanzania believes SP Angel
Exploration in satellite areas and at new deposits such as Singida in Tanzania can substantially extend the production profile