Shanta shines after Tanzania drilling results
15th Sep 2010 16:32
Shares in Shanta Gold soared after the miner reported positive drilling results from its Chunya project in Tanzania. It said it had seen 'outstanding results' from the tests. 'The drilling results are exceptional, raising our expectations of successfully delineating an increased resource on the pr
Read moreShanta Gold Lock-in Pact With Chunya Feasibility Study Investors
26th Jul 2010 08:49
LONDON (Dow Jones)-- Shanta Gold Ltd (SHG.LN), said Monday that all of the investors who financed the feasibility study of the Chunya project, have entered into lock-in agreements with the Company. MAIN FACTS: -Under the terms of the lock-in agreements, the Investors have undertaken not to d
Read moreLondon close: Footsie ends on a high
6th Jul 2010 17:01
The FTSE 100 finished just three points shy of its high point for the day as miners, particularly copper miners, drove the market higher. Copper producers Antofagasta and Kazakhmys were the two best performers as the price of copper rose the most in a week on the back of declining stockpiles. Mini
Read moreLondon afternoon: Rally continues
6th Jul 2010 14:03
London stocks made further headway over the lunchtime session, with banks and miners still leading the way. Antofagasta, Kazakhmys, Xstrata, Vedanta and Rio Tinto are the stand out performers in the mining sector, as commodity stocks come back into fashion after their recent buffeting, though gold
Read moreShanta Gold finishes Chunya feasibility study
6th Jul 2010 12:59
Shanta Gold has completed its feasibility study on the Chunya gold project in the Lupa goldfield in southern Tanzania. The miner says it's been investigating various avenues of financing for the project, which it expects to be finalised in due course. The study supports a 360,000 tonnes per annum
Read moreShanta Gold Completes Chunya Feasibility Study >SHG.LN
6th Jul 2010 07:36
LONDON (Dow Jones)--Shanta Gold Ltd. (SHG.LN), which invests in gold exploration in Tanzania, said Tuesday it has completed its Feasibility Study on the Chunya gold project in the Lupa goldfield in southern Tanzania. MAIN FACTS: -Study supports a 360,000 tons per annum metallurgical process
Read moreShanta Gold Promising Results From Chunya Surface Exploration
30th Jun 2010 08:23
LONDON (Dow Jones)--Shanta Gold (SHG.LN) said Wednesday has received further promising results from surface exploration activities conducted during the first quarter of 2010 at the Chunya project in southern Tanzania. MAIN FACTS: -The work tested extensions to known prospects and new targets
Read moreSmall caps round-up: All Leisure, Archial, Straight...
25th Jan 2010 09:59
Cruise operator All Leisure Group pointed to the recession, currency movements and fuel costs as it posted a fall in pre-tax profits in the year to October 2009 to £2.6m from £9.1m the previous year as revenues climbed to £73.6m from £67.5m. Shares in Archial jumped after the UK and Asia-focused ar
Read moreXstrata boss bags £8m profit on options
23rd Oct 2009 16:26
Xstrata chief executive Mick Davis has sold 1m shares in the mining giant. Davis acquired these shares by exercising options - 877,955 shares at 217.32p a share and 122,045 at 239.11p a share. The total cost of these shares was £2.2m and they were sold for a profit of nearly £8m. Davis retains 1.3
Read moreSmall caps round-up: Sinosoft, Shanta Gold, Avingtrans...
9th Sep 2009 09:41
China-based software and IT company Sinosoft has surged close to a 12-month high on news it has won four tenders for its e-government services worth about £444,000. Sinosoft will install systems to help standardise procedures within local government departments in Jiangsu province in areas such as
Read moreSmall caps round-up: Empresaria, Avon Rubber, InterBulk, Dialight, India Hospitality, Shanta Gold, Cryptologic
18th Jun 2009 09:11
Empresaria, the international staffing group, saw revenues for the current financial year to April, excluding discontinued operations, fall 4% on the same period in 2008 and net fee income down 22%. "These volume reductions are driven largely by reductions in permanent fee income levels (34% down a
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