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Shanta secure with underground base

Shanta Gold has mapped out its base-case mine plan for the next six years at its New Luika mine in Tanzania, although stopped short of calling it a life-of-mine plan, believing additional work could add more ounces.

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Feed me ... the Shanta plan shows underutilised plant capacity of 362,000t

Since taking over as CEO in April, Toby Bradbury has been hard at work to get the study out on time.

“Having a base case plan, not just for a mine, but any business is really a prerequisite.