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Shanta to replicate New Luika approach in Kenya

UK-listed junior Shanta Gold is confident its low-cost mining techniques will bring success where others have failed in developing the formerly Barrick-owned West Kenya gold project.

Shanta to replicate New Luika approach in Kenya Shanta to replicate New Luika approach in Kenya Shanta to replicate New Luika approach in Kenya Shanta to replicate New Luika approach in Kenya Shanta to replicate New Luika approach in Kenya

Visible gold at the Isulu and Bushiangala deposits, located to the north east of Lake Victoria in West Kenya

Shanta announced on Monday it had agreed to pay US$14.5 million in cash and shares for the Kenya arm of Barrick subsidiary Acacia Mining.