SHG.L Share News (SHG)

Shanta Converts 81% Of Bauhinia Creek Inferred Resources To Indicated

LONDON (Alliance News) - Shanta Gold Ltd on Thursday said drilling at Bauhinia Creek East in the New Luika gold mine has converted a majority of its inferred resources into indicated at Bauhinia a

Friday broker round-up

(Sharecast News) - esure: Barclays upgrades to equal weight with a target price of 280p.

Shanta Gold Swings To Interim Profit Due To Lower Costs

LONDON (Alliance News) - Shanta Gold Ltd on Thursday reported a swing to an interim profit from a loss the year before on reduced costs.The Tanzania-focused gold miner reported a pretax of

Shanta Gold swings to a profit as cost-cutting starts to pay off

(Sharecast News) - East Africa-focused gold producer Shanta Gold swung to a profit in the first half of its trading year as the group began to reap the rewards of its stringent cost savings initiatives.

Shanta Gold Quarterly Production Rises At Luika Mine In Tanzania

LONDON (Alliance News) - Shanta Gold Ltd on Thursday restated its full-year production guidance after gold output improved in the second quarter of its current financial year at its new Luika gold

Central Asia Metals Picks Shanta Director As Chief Operating Officer

LONDON (Alliance News) - Copper, zinc and lead miner Central Asia Metals PLC said on Friday it has appointed Scott Yelland as chief operating officer.He will be joining from AIM-listed gold

Shanta Gold First Quarter Production Declines On Revised Mine Plan

LONDON (Alliance News) - Shanta Gold Ltd on Thursday said that a fall in production and sales volumes in the first quarter of 2018 was in line with the revised mine plan implemented last East gold

Shanta Gold achieves records at New Luika in 2016

(ShareCast News) - East Africa-focused gold producer, developer and explorer Shanta Gold announced its production and operational results for the quarter ended 31 December on Thursday, for its New Luika Gold Mine in southwest Tanzania. The AIM-traded firm said quarterly gold production was 18,897 ou

Shanta Gold intersects first underground ore at New Luika

(ShareCast News) - East Africa-focused gold producer Shanta Gold announced on Friday that on 15 December, its underground development at the New Luika Gold Mine intersected first mineralisation at the Bauhinia Creek deposit. The AIM-traded firm said the intersect occurred just after the nose fault,

Shanta Gold receives $5.25m advance silver-streaming payment

(ShareCast News) - Shanta Gold has received the advanced payment of $5.25m as part of its silver-streaming agreement (SSA). It would also receive an ongoing payment of 10% of the value of silver sold at the prevailing silver price at the time of deliveries. The SSA relates solely to silver by-produ

Shanta Says Singida Drill Results Show High Grade Intercepts

Shanta Gold gets JORC upgrade at Tanzania mine after striking gold

(ShareCast News) - Shares in metal explorer Shanta Gold soared 16% on Wednesday afternoon, as it reported a significant increase in resources and gold at its Tanzania mine. Indicated resource at the Ilunga satellite deposit at the New Luika mine in the Lupa goldfields increased by 406% to 205,347 ou

Shanta Gold Posts Higher Production At New Luika In Second Quarter

Shanta Gold optimistic about its Tanzania mining project

(ShareCast News) - Gold producer, developer and explorer Shanta Gold said it was "very optimistic" about its mining project in Tanzania. In a trading update, the East Africa focused company said its Singida Gold Project was fully supported communities and authorities in Tanzania. The company said t

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