Shanta Gold

Shanta Gold Limited is gold mining company, registered in Guernsey in the Channel Islands but which operates in Tanzania. The company is listed on AIM on the London Stock Exchange (symbol: LON:SHG) and had a market capitalisation of £63.5M as of 18 September 2013.[1] The Tanzanian offices are in Dar Es Salaam. Its bankers are UBS.[2]

Shanta's most important project is New Luika Gold Mine, in the Lupa Gold Field of south western Tanzania, which saw its first gold pour in August 2012.[3] The company's mines are all currently in Tanzania but projects elsewhere in East Africa are envisaged. Shanta sub-contracts all aspects of the mining process in order to shorten the time taken for a new mine to become productive.

References

  1. ↑ SHG SHANTA GOLD LIMITED ORD 0.01P London Stock Exchange, 19 September 2013. Retrieved 19 September 2013. Archived here.
  2. ↑ Investor Fact Sheet January 2013 Shanta Gold, 2013. Retrieved 19 September 2013. Archived here.
  3. ↑ Shanta Gold signs $30-million debt facility by Idéle Esterhuizen in miningweekly.com, 10 January 2013. Retrieved 20 September 2013. Archived here.

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