MRE to follow phase two drilling in Q1 2022
Five-year plan suggests downgrade is near-term issue
New Luika future bolstered by increases in gold inventories
Project still looks attractive at lower gold prices.
Tanzania gold producer completes acquisition of Kenya asset
Strong Q2 performance means annualised EBITDA of just under US$100 million at current gold prices.
Shanta to release updated scoping study mid 2020 after Barrick deal completes.
Shanta continues to prioritise extending life of mine at New Luika
Gold miner sees multiple re-rating drivers after turnaround
Full-year gold output guidance of 80,000-84,000oz reiterated
Proceeds from DSE listing to be used to bring Singida into production
Tanzania miner pays down debt in 2018 and says dividend policy in the works