Shanta Gold's acquisition by Saturn moves a step closer

19th Apr 2024 10:22

(Sharecast News) - Shanta Gold updated the market on the recommended increased and final cash offer by Saturn Resources for its entire issued and to-be-issued share capital on Friday.

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Shanta Gold makes progress with drilling at West Kenya

2nd Nov 2023 13:34

(Sharecast News) - East Africa-focussed explorer, developer and producer Shanta Gold updated the market on its exploration activities at the West Kenya Project on Thursday.

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Shanta Gold updates resource estimate at West Kenya project

22nd Feb 2023 11:39

(Sharecast News) - East Africa-focussed Shanta Gold announced an updated mineral resource estimate for the Ramula deposit at the West Kenya Project on Wednesday.

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Shanta Gold reports positive findings from West Kenya drilling

16th Feb 2022 14:04

(Sharecast News) - East Africa-focussed Shanta Gold updated the market on exploration at the West Kenya Project on Wednesday, where a second phase drilling programme was aiming to convert resources to Indicated at Isulu-Bushiangala.

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Shanta Gold upbeat on latest drilling results from New Luika

22nd Nov 2021 15:08

(Sharecast News) - East Africa-focussed gold producer Shanta Gold updated the market on exploration drilling at the New Luika Gold Mine in south western Tanzania on Monday, relating to drilling conducted in the third quarter.

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Shanta 'disappointed' in first half gold production, sales

27th Aug 2021 12:38

(Sharecast News) - East Africa-focussed gold producer Shanta Gold reported revenue of $57.8m in its first half on Friday, falling from $73m year-on-year, while EBITDA narrowed to $17.4m from $27.5m.

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Shanta Gold identifies visible gold after West Kenya exploration

25th May 2021 15:24

(Sharecast News) - East Africa-focussed gold explorer, developer and producer Shanta Gold updated the market on exploration at the West Kenya Project on Tuesday, following the 2,489 metres of drilling it conducted across 11 holes in March and April at the Isulu deposit.

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Shanta Gold pleased with latest exploration results at New Luika

16th Dec 2020 11:53

(Sharecast News) - East Africa-focussed Shanta Gold updated the market on its exploration at the Luika Deposit and the Porcupine South Target at New Luika Gold Mine in south western Tanzania on Wednesday, based on activity conducted between September and November.

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Shanta Gold expands processing capacity at New Luika

22nd Sep 2020 16:09

(Sharecast News) - East Africa-focussed gold producer Shanta Gold announced the expansion of processing capacity at the New Luika Gold Mine on Tuesday.

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Liberum starts Shanta Gold at 'buy', says shares are 'cheap' at spot prices

9th Sep 2020 16:26

(Sharecast News) - Analysts at Liberum started coverage of Shanta Gold at 'buy' with a target price of 23.0p, highlighting the miner's ability to deliver capital efficient near-term growth and its solid dividend.

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Shanta Gold swings to profit in first half

24th Aug 2020 12:09

(Sharecast News) - East Africa-focussed gold producer Shanta Gold reported first-half revenue of $73m (£55.62m) on Monday, rising from $53.6m year-on-year.

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Shanta Gold announces updated resource for Singida

26th May 2020 15:12

(Sharecast News) - East Africa-focussed gold producer Shanta Gold announced a JORC-compliant reserve, and an updated and independently verified JORC-compliant mineral resource estimate for the Singida Gold Mining Project in central Tanzania on Tuesday.

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Shanta Gold pleased with first quarter performance

20th Apr 2020 12:21

(Sharecast News) - East Africa-focussed gold producer Shanta Gold updated the market on production and operations for the first quarter at the New Luika Gold Mine in south western Tanzania on Monday, reporting gold production of 20,167 ounces, up from 19,550 ounces in the fourth quarter.

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Shanta Gold gets nod from note holders to extend maturity date

20th Feb 2020 12:06

(Sharecast News) - East Africa-focussed gold producer Shanta Gold has received irrevocable undertakings from holders of its outstanding unsecured subordinated convertible loan notes due in April, representing 77.14% by nominal value, to vote to extend the maturity date by one year, it announced on Thursday.

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Shanta Gold to acquire Kenya assets from Barrick Gold

10th Feb 2020 15:11

(Sharecast News) - East Africa-focussed gold producer Shanta Gold has entered into a definitive agreement under which it will purchase 100% of the shares of Acacia Exploration Kenya (AEKL) from two subsidiaries of Barrick Gold Corporation.

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