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Shanta reaches black after tough year

Zurrin and co ticked cost-cutting boxes in a year with lower earnings and higher taxes

Alex Hamer

On production of just under 80,000 ounces of gold in 2017, Shanta brought in EBITDA of US$37.7 million (a 24.5% drop on 2016) and an after tax profit of $4.2 million (compared to an $8 million loss in...

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