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Shanta gets boost from Singida numbers

Central Tanzanian project could add 26,000ozpa to company at US$16M capital cost

Staff reporter
Shanta has been working on the Singida project for over a decade, and has a camp built and access to power lined up

Shanta has been working on the Singida project for over a decade, and has a camp built and access to power lined up

An internal study outlined a 26,000oz per annum open pit mine with a six-year mine life at Singida, giving an internal rate of return of 67%, using a gold price curve reaching over $1,400 per ounce in...

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