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"The encouraging results of our grade control drilling at Singida reinforces our confidence in the strength of the production profile."
"Our revised group-wide gold reserves and resources at 666,000 oz and 3,215,000 demonstrate the huge potential in the portfolio."
ASX and TSX-listed gold explorer Cardinal Resources has advised its shareholders to take no action on the increased takeover offer tabled by privately-held gold miner Nordgold.
Shanta Gold has tapped the resource estimation powers of Micromine to confirm the presence of an impressive gold reserve at its Singida project.
AIM-listed East Africa-focused gold producer Shanta Gold has entered into a definitive agreement to purchase 100% of the shares of Barrick’s subsidiary Acacia Exploration (Kenya), or AEKL, from two subsidiaries of Barrick Gold Corporation.
AIM-listed Shanta Gold recently announced an exploration update that significantly extends the life of mine at its New Luika project in Tanzania.
Shanta Gold has revealed some of the best exploration results to date from the 2nd phase of its Bauhinia Creek drilling campaign at the New Luika gold mine.
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.
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