EXPLORATION & DEVELOPMENT

Shanta eyes life beyond New Luika

After wrapping up a record year at its flagship New Luika mine in Tanzania and unveiling a maiden dividend, Shanta Gold is eyeing its future as a three-asset gold player in East Africa.

Shanta Gold's Singida project in central Tanzania

Shanta Gold's Singida project in central Tanzania

On Tuesday, the AIM-listed miner reported a leap in both full-year EBITDA of US$63.9 million - up 33% versus 2019 and operating profit up eight-fold to $43.8 million.   The company also unveiled a...

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