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Shanta expects to produce up to 88 000 oz of gold this year

By:  
Creamer Media Contributing Editor Online
 
GOLD
East Africa-focused gold developer Shanta Gold’s New Luika mine, in Tanzania, produced 21 288 oz of gold in the three months ended December 31, a quarter-on-quarter increase of 17%. This brought the Aim-listed miner’s full-year production to 79 585 oz, in line with its 80 000 oz guidance, but lower than the prior year’s 87 713 oz.
 
 
 
 
 

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