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Shanta dives on guidance cut

Five-year plan suggests downgrade is near-term issue

Tom Hoskyns
Shanta Gold's flagship asset is the New Luika gold mine, located in southwest Tanzania

Shanta Gold's flagship asset is the New Luika gold mine, located in southwest Tanzania

Shanta provided an updated guidance figure of 60,000-65,000oz for 2021 after unexpected pinching of the ore body at Bauhinia Creek, part of its flagship New Luika mine in Tanzania. "Grade control drilling...

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