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Shanta shines with strong production

Shanta Gold has followed up the recent release of a positive business plan for its New Luika mine in Tanzania with a strong set of results for the September quarter.

Gareth Tredway
The company only needs to produce about 19,450oz in the December quarter to meet the bottom end of its FY guidance

The company only needs to produce about 19,450oz in the December quarter to meet the bottom end of its FY guidance

The record quarter of production at 24,552 ounces bodes well for the company reaching its previously stated target of 72,000-77,000oz of gold this year, having only produced 28,000oz for the entire first...

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