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Shanta cuts production guidance again after Q4 woes

Guidance cut by 12% due to operational issues

William Clarke
Shanta's New Luika mine in Tanzania

Shanta's New Luika mine in Tanzania

Shanta cut its full year guidance to 55,000 to 57,000 oz of gold, down 12% from previous forecasts of 60,000 to 65,000. The company ascribed the miss to "the supply by a 3rd party vendor of an unreliable...

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