15 Jul 2016 07:44
(ShareCast News) - East Africa-focused gold producer Shanta Gold said on Monday that its New Luika gold mine has received all requisite approvals for its underground project and the decline development has kicked off. The AIM-listed company said the underground project is fully resourced in terms o
Read more(ShareCast News) - East Africa-focused gold producer Shanta Gold swung to a pre-tax loss of $18.1m in 2015 compared with a profit of $16.6m the year before as gold sales and revenue per ounce fell. Revenue fell to $95.7m from $114.9m as the average realised gold price dropped to $1,163 per ounce fro
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