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Shanta Gold all about growth in 2018 after strong Q4

Eric Zurrin, chief executive of Shanta Gold Limited (LON:SHG), caught up with Proactive's Andrew Scott on the back of their Q4 and operational update.

The miner reported a strong final quarter of 2017 for its New Luika Gold Mine, in Southwest Tanzania, with gold production of 21,288 ounces, an increase of 17% on the third quarter.

Annual gold production for 2017 was 79,585 oz, consistent with its guidance of approximately 80,000 oz.

The group said its annual guidance for 2018 is 82,000−88,000 oz.

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October 18 2018

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