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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Shanta Gold's West Kenya project an 'outstanding gold prospect' suggests broker
In a statement today, Shanta added 344,000 oz to the resource at WSest Kenya's Kakamega camp
Shanta Gold hails some of the best drilling results this year from Isulu deposit at West Kenya project
"The results that we have announced this morning are some of the best that we have delivered to the market this year," said chief executive Eric Zurrin
Shanta Gold ends bid talks as value not recognised in offers
After five years, Shanta is a 'transformed' company says chief executive
Shanta hits more high gold grades in West Kenya drilling
Shanta is well supported by a long track record of gold production from projects in Tanzania
Shanta Gold says Yintai Gold does not intend to make an offer
Shanta Gold also announced a positive drilling update at its New Luika gold mine in Tanzania
Shanta Gold ups production in latest quarter
The East Africa-focused miner recently received three bid approaches
Shanta Gold says Yintai bid approach is for cash
Gold groups Shandong, Yintai and Chaarat have all expressed an interest in Shanta
Shanta Gold mulls three takeover approaches
Chinese firms Shandong Gold and Yintai Gold plus London-listed Chaarat Gold are all eyeing a deal
Shanta Gold past the grades trough, says broker
Production will lift materially from 52,000oz over the past 12 months to more than 100,000oz by first quarter 2023
Shanta Gold says second half started 'very strongly'
“We believe the second half of the year is set to be a bright one for the company,” said Shanta chief executive Eric Zurrin
Shanta Gold says Singida 70% complete, first gold early next year
“The completion of this mine will transform Shanta Gold into a +100,000 oz/pa producer," said CEO Eric Zurrin
Shanta Gold lifts quarterly gold production by 54%
Singida site in Central Tanzania expected to open next March
Shanta Gold exceeds its second-quarter production target
Construction at the Singida project was 63% complete at end-June and is on track for first gold production in March 2023
Shanta Gold gets maiden mining licence close to NLGM processing plant
"Porcupine South will become the central piece to a district play covering highly prospective surrounding prospecting licences also owned by Shanta,” said chief executive Eric Zurrin