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Shanta has best March quarter in three years

East Africa-focused gold producer Shanta Gold (AIM:SHG) said it is comfortably on track to meet its full-year guidance after a strong March quarter at its New Luika gold mine in Tanzania.

Shanta has best March quarter in three years Shanta has best March quarter in three years Shanta has best March quarter in three years Shanta has best March quarter in three years Shanta has best March quarter in three years

Shanta Gold had a strong March quarter at its New Luika gold mine in Tanzania

Gold production from the operation rose 26.7% year-on-year to 22,374 ounces at an all-in sustaining cost (AISC) of US$701 per ounce, down from $776/oz a year ago.