Eric Zurrin

gold

Shanta Gold reduces costs by US$7 million ahead of schedule

Shanta Gold announce that the company's plan to reduce its costs by US$7 million on an annualised basis has been achieved, three months ahead of schedule.
Shanta Gold

Solar hybrid energy curbs costs for Shanta Gold

With electricity accounting for about 60% of the processing costs of AIM-listed gold producer Shanta Gold’s New Luika mine in Tanzania, greater emphasis has been placed on creating a leaner cost structure, not only at the mine but throughout the company.

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