Shanta Gold third quarter output hits record level
19th Jan 2016 08:14
(ShareCast News) - East Africa-focused gold producer, developer and explorer Shanta Gold said it produced a record 29,139 ounces of gold in the final quarter of 2015, with full year production beating expectations. The company, which owns the New Luika Gold Mine in Southwest Tanzania said it sold 29
Read moreShanta Gold posts record quarterly production
20th Oct 2015 10:25
(ShareCast News) - Shanta Gold has hit a new quarterly gold production record at its New Luika Gold Mine in Southwest Tanzania. The AIM listed gold producer, developer and explorer announced its third quarter update to 30 September on Tuesday. It revealed gold production for the period was at 24,55
Read moreShanta Gold finds more minerals at Elizabeth Hill, on track to hit production targets
17th Sep 2015 09:45
(ShareCast News) - Shanta Gold's share price rose after the company announced it is likely to meet its full year trading targets in south-west Tanzania, as well as an increase in minerals at the Elizabeth Hill prospect. The East Africa focused gold producer revealed production and costs at the New L
Read moreShanta Gold quarterly output increases but sales fall
21st Jul 2015 12:05
(ShareCast News) - Gold producer Shanta Gold reported an increase in output in the first quarter, although sales declined in the period. In the three months to 30 June, the group produced 14,644 ounces of gold, an 8.49% increase year-on-year although sales declined 14.5% to 11,590 ounces. Shanta ad
Read moreShanta Gold director sells shares
21st Jan 2015 15:30
A director of Shanta Gold sold some shares in the gold company one day after it said 2014 production was ahead of expectations. Luke Leslie, who joined the firm in 2012 as a non-executive director, sold 3.26m shares for 10.63p each, pocketing a total of £346,538. Leslie now holds 400,881 shares and
Read moreShanta Gold says fire at Tanzanian mine won't hurt output
9th Jan 2015 07:56
Operations at Shanta Gold's New Luika mine in south-west Tanzania were hit by a "fire incident" this week, though the company assured that it will have no impact on production. The East Africa-focused gold miner said that there was a fire in the screening section of the recently-commissioned crushin
Read moreShanta Gold unveils record Q3 production
20th Oct 2014 09:54
East African gold explorer Shanta Gold unveiled record production and confirmed its 2014 production guidance. Shanta said it produced a record 22,720 ounces in the three months to 30 September, up 4% from the second quarter. The group sold 18,600 ounces at an average price of $1,306 per ounce, with
Read moreShanta Gold sees "encouraging" results during first half
1st Sep 2014 15:30
Shanta Gold, a gold production and exploration company, saw its revenue go up after good results in its drilling projects during the first half. While the company said the gold price is expected to remain "volatile" over the remainder of 2014, the results at a drilling programme at Bauhinia Creek a
Read moreWednesday broker round-up UPDATE
30th Jul 2014 09:50
Antofagasta: Westhouse Securities downgrades from add to neutral with a target price of 885p. Investec places its target price (prev.: 690p) under review, while keeping its sell recommendation. Aureus Mining: FinnCap lowers target price from 66p to 62p maintaining a buy recommendation. British Ame
Read moreShanta Gold boosts gold and silver recovery in Tanzania
1st Jul 2014 08:30
East African-focused explorer and producer Shanta Gold has improved gold and silver recovery at a mine in Tanzania after fitting new equipment. Shanta said gold recovery had increased by two percentage points to 87.2% and silver recovery had lifted 40% after it commissioned its Elution and Electro-
Read moreJupiter finance chief reduces stake amid controversy at AGM
22nd May 2014 15:57
Jupiter Fund Management's Chief Financial Officer, Philip Johnson, traded in 63,588 shares, making only a small dent in his holding, which was reduced to 1.32m. Johnson, who took up the role in 2009, paid 383.80p per share, giving the deal a trade value of £244,051. The purchase was made the day
Read moreEveryman Media Group non-exec stocks up
14th May 2014 15:49
Independent cinema group Everyman Media Group on Wednesday announced Michael Rosehill, a non-executive director, had bought a round of shares worth 13,069 pounds. Rosehill paid 91p for each of the 14,362 shares. The group, which listed on AIM in November last year, posted a 27% increase in annua
Read moreShanta Gold trims full-year losses
22nd Apr 2014 07:47
- Reduces full-year losses - Balance sheet strengthened through debt restructuring - Confident it is well positioned to meet future challenges East Africa focused gold producer Shanta Gold said it reduced full-year losses as it continues to boost production volumes and lower costs. Loss before t
Read moreSoco International Chairman adds 50,000 shares
13th Dec 2013 15:43
Soco International's Non-Executive Chairman, Rui de Sousa, has acquired 50,000 shares in the international oil and gas exploration and production company. The shares were purchased at 384.97p each for a total spend of £192,485. In its interim management statement last month the group said it was
Read moreAviva Non-Exec makes first investment
11th Nov 2013 16:53
British insurance company Aviva on Monday said recently appointed Non-Executive Director Michael Mire had bought 7,500 at 439.89p each, his only holding in the group. Mire joined the company in mid-September as part of its ongoing programme to refresh the board. The company said on his appointment
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