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Shanta eyes life beyond New Luika

After wrapping up a record year at its flagship New Luika mine in Tanzania and unveiling a maiden dividend, Shanta Gold is eyeing its future as a three-asset gold player in East Africa.

Shanta eyes life beyond New Luika Shanta eyes life beyond New Luika Shanta eyes life beyond New Luika Shanta eyes life beyond New Luika Shanta eyes life beyond New Luika

Shanta Gold's Singida project in central Tanzania

On Tuesday, the AIM-listed miner reported a leap in both full-year EBITDA of US$63.9 million - up 33% versus 2019 and operating profit up eight-fold to $43.8 million.