PRECIOUS METALS

Steady Shanta on track to meet guidance

AIM-listed Shanta Gold reported stable gold production in the third quarter, keeping the junior on track to hit the lower end of its production guidance for the year.

William Clarke
Shanta Gold's primary asset is the New Luika gold mine, located in southwest Tanzania

Shanta Gold's primary asset is the New Luika gold mine, located in southwest Tanzania

Production from Shanta gold's only producing asset, New Luika in Tanzania, was essentially flat in the third quarter at 14,194 ounces, compared to 14,201oz in the previous quarter, as an improved rate...

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