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Shanta surges into the black

Strong Q2 performance means annualised EBITDA of just under US$100 million at current gold prices.

Tom Hoskyns

Shanta moved from net debt of US$15.1 million at the end of Q1 to net cash of US$2.1 million at the end of June. The company produced 22,216 ounces in the second quarter, up 12.3% year-on-year and up...

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