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Shanta Gold keeps up improvements

Another prominent miner is not having the best of times in Tanzania, but Shanta Gold (LN:SHG) is doing the very British thing of keeping calm and carrying on having added some improved financial figures to its rising 2016 gold output.

Mining Journal
New look for New Luika: Shanta Gold is developing a new underground mine in Tanzania

New look for New Luika: Shanta Gold is developing a new underground mine in Tanzania

Its New Luika gold mine recorded revenue of US$107.1 million in 2016, up from $95.7 million in 2015, with the company generating EBITDA of $50.2 million for the year, compared with $31.8 million a year...

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