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Shanta receives power station equipment financing

By:  
Contributing Editor Online
 
GOLD
Aim-listed Shanta Gold has received $10-million in financing from Exim Bank Tanzania following the commissioning of a 7.5 MW power station, at its New Luika gold mine, in Tanzania. The four-year term loan will amortise quarterly, bearing variable interest at 7.25% a year.
 
 
 
 
 

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