Singida

"Our revised group-wide gold reserves and resources at 666,000 oz and 3,215,000 demonstrate the huge potential in the portfolio."

Shanta Gold, gold developer and explorer, has provided an update on its plans to finance the Singida Gold Mining Project in Tanzania.

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.