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Shanta reports lower Q1 gold production

By:  
Creamer Media Social Media Editor & Senior Writer
 
GOLD
Aim-listed Shanta Gold remains on track to achieve its guidance of 82 000 oz to 88 000 oz in 2018 at an all-in sustaining cost (AISC) of between $680/oz and $730/oz, despite the New Luika gold mine, in south-west Tanzania, reporting lower production. Production in the March quarter reduced to 17 663 oz, from 21 288 oz in the December quarter, but was in line with the company's revised mine plan and its full-year production guidance, it said on Thursday.
 
 
 
 
 

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