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Shanta Gold says fire at Tanzanian mine won't hurt output

Fri, 09th Jan 2015 07:56

Operations at Shanta Gold's New Luika mine in south-west Tanzania were hit by a "fire incident" this week, though the company assured that it will have no impact on production.The East Africa-focused gold miner said that there was a fire in the screening section of the recently-commissioned crushing circuit of the gold processing plant at New Luika on Thursday.Two people suffered minor injuries but returned to work later in the shift. The rest of the plant was not affected."Whilst repairs are being undertaken there is expected to be no impact on this quarter's gold production as the company is able to revert back to the standby crusher," AIM-listed Shanta said in a statement.The company is investigating the cause of the incident and said it is treating the issue with the "utmost seriousness".
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29 Mar 2022 20:13

IN BRIEF: Shanta Gold increases total resources at West Kenya project

Shanta Gold Ltd - east Africa-focused gold producer, developer and explorer - West Kenya Project's total project resources increases 31% to 1.55 million ounces of gold grading 6.18 grams per tonne, alongside a more than tripled rise in Indicated resources to 378,000 ounces at a grade of 11.70 grams per tonne.

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9 Mar 2022 18:14

IN BRIEF: Shanta Gold raises West Kenya project resource estimate

Shanta Gold Ltd - east Africa-focused gold producer, developer and explorer - Confirmation of new potential at Ramula target and six proximal targets has led to a 37% increase in total resources at the West Kenya project to 1.6 million ounces.

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28 Feb 2022 20:36

TRADING UPDATES: Tortilla teams with Compass; Strix in cyber attack

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

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16 Feb 2022 14:04

Shanta Gold reports positive findings from West Kenya drilling

(Sharecast News) - East Africa-focussed Shanta Gold updated the market on exploration at the West Kenya Project on Wednesday, where a second phase drilling programme was aiming to convert resources to Indicated at Isulu-Bushiangala.

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16 Feb 2022 11:01

Shanta Gold jumps as West Kenya project drilling shows great results

(Alliance News) - Shanta Gold Ltd said on Wednesday that the latest phase of drilling at its West Kenya project delivered the company's most consistently high-grade drilling programme.

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14 Feb 2022 22:18

TRADING UPDATES: CentralNic expects revenue growth ahead of views

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

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1 Feb 2022 11:54

Shanta Gold soars as replaces all mined ounces with new reserves

Shanta Gold soars as replaces all mined ounces with new reserves

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1 Feb 2022 11:06

AIM WINNERS & LOSERS: Shanta reserves impress; XLMedia casino arm hurt

AIM WINNERS & LOSERS: Shanta reserves impress; XLMedia casino arm hurt

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24 Jan 2022 19:12

TRADING UPDATES: Mirriad's US growth; Spectra Systems wins deals

TRADING UPDATES: Mirriad's US growth; Spectra Systems wins deals

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7 Dec 2021 14:39

Shanta Gold shares fall 24% after cut to 2021 production guidance

Shanta Gold shares fall 24% after cut to 2021 production guidance

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7 Dec 2021 11:29

AIM WINNERS & LOSERS: Shanta Gold cuts guidance; Naked Wines upgraded

AIM WINNERS & LOSERS: Shanta Gold cuts guidance; Naked Wines upgraded

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7 Dec 2021 09:32

LONDON BROKER RATINGS: Deutsche Bank raises NatWest, cuts Barclays

LONDON BROKER RATINGS: Deutsche Bank raises NatWest, cuts Barclays

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29 Nov 2021 21:59

TRADING UPDATES: Seplat Energy eyes Exxon asset; Zenith inks contract

TRADING UPDATES: Seplat Energy eyes Exxon asset; Zenith inks contract

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23 Nov 2021 06:43

IN BRIEF: Shanta Gold drills to extend life of New Luika in Tanzania

IN BRIEF: Shanta Gold drills to extend life of New Luika in Tanzania

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22 Nov 2021 15:08

Shanta Gold upbeat on latest drilling results from New Luika

(Sharecast News) - East Africa-focussed gold producer Shanta Gold updated the market on exploration drilling at the New Luika Gold Mine in south western Tanzania on Monday, relating to drilling conducted in the third quarter.

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