Investments and investor services
FTSE 100 closes lower ahead of Fed rate decision
The US open did little to turn the index's fortunes around, with the most important Fed statement for years only a few hours away,
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.
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Investments and investor services
Proactive news highlights including Amara Mining, 88 Energy, Clinigen, Shanta Gold, Stratex and more
Mining and oil dominated the news in the world of small caps today
Ocado leads London higher on bid talk
Deutsche Bank says online grocer could become takeover target
Investments and investor services
London market falls as US Fed interest rate decision looms
Fed fund futures implied a less than 25% chance of a rate hike
Investments and investor services
Risers & Fallers: Northgate, Crawshaw, IMImobile, Hunting, Babcock International and more...
Below are the main new-driven share price movements at 4pm.
Shanta Gold on-track to meet production guidance
“We are pleased to note that production and costs have remained at budgeted levels and we remain on course to hit full year guidance,” said chief executive Toby Bradbury.
Archive
Proactive news summary: African Potash, Falcon Oil, Allergy Therapeutics, Northcote, Rightster ...
It's deja vu all over again for African Potash as it inked another fertiliser deal.
Shanta Gold expects better second half after re-development disruption
Shanta remained on track for full year production of between 72-77,000 ounces at all –in-costs of between US$850-900.
Proactive weekly mining summary: Eurasia, Shanta, W Resources, Amur Minerals, Gemfield and more...
There was a lot of news this week in the small cap mining space...
Investments and investor services
Proactive news highlights including LGO, Gemfields, Kibo Mining, ServicePower, Shanta Gold and more
There were some gems in the small cap universe today
Archive
Risers & fallers: African Potash, Goldbridges, Glencore, Kibo Mining, Tex Holdings, Tribal Mining,
Pure Wafer shareholders are set for a pay-out worth more than last night's closing value of the shares.
Shanta Gold eyes resource uplift from New Luika satellite
The Elizabeth Hill prospect lies within the existing mining licence at New Luika.
Investments and investor services
Proactive weekly mining round up including Galantas, Shanta, Sirius, Wolf Minerals, Ariana and more
There was a lot of news this week in the world of the small cap miners.
Investments and investor services
Proactive news summary including shanta Gold, Mariana Resources, Sirius Minerals, SolGold, Globo...
There was a lot of news to get through today in the world of small caps...
Shanta shares lifted as resource and reserve update pleases
Infill drilling in January across nine holes at both the Bauhinia Creek (BC) pit and Luika has increased confidence in underground mining at both of these deposits.
UPDATE - Shanta upbeat on New Luika’s long term future with resource update
The latest resource update for Shanta Gold's flagship New Luika mine in Tanzania, has increased the miner's confidence in its long term future..
Proactive weekly mining news summary, including Gemfields, Aureus, Mwana, Shanta gold...
The doom and gloom in the mining sector seems to have evaded the world of small caps however, with a number of miners providing some very positive news.