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Shanta Gold Ord0.01P (SHG)

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13-Jun-2017 07:32 AM

Shanta Gold narrows FY loss, boosts gold output

Shanta Gold has narrowed its FY after-tax loss to $8.0m, from a loss of $17.3m previously. Revenue totalled $107.1m, from $95.7m. Gold production was 87,713 oz, which was ahead of the guided 82,000-87,000 oz. It sold 86,332 oz at an average price of $1
23-May-2017 07:37 AM

Shanta Gold updates on New Luika

Shanta Gold announces that first stope ore has been produced from the New Luika Gold Mine (NLGM) underground operation. The underground ore was being sourced from a long-hole open stope between the 900-880m levels in the Bauhinia Creek orebody. Establi
05-May-2017 08:50 AM

Broker Forecast - Peel Hunt issues a broker note on Shanta Gold Ltd

Peel Hunt today reaffirms its buy investment rating on Shanta Gold Ltd (LON:SHG) and raised its price target to 16p (from 14p). Story provided by StockMarketWire.com...
03-May-2017 12:30 PM

Broker Forecast - SP Angel issues a broker note on Shanta Gold Ltd

SP Angel today reaffirms its buy investment rating on Shanta Gold Ltd (LON:SHG) and set its price target at 12.20p. Story provided by StockMarketWire.com...
26-Apr-2017 04:30 PM

Broker Forecast - Peel Hunt issues a broker note on Shanta Gold Ltd

Peel Hunt today reaffirms its buy investment rating on Shanta Gold Ltd (LON:SHG) and cut its price target to 14p (from 17p). Story provided by StockMarketWire.com...
02-Feb-2017 12:20 PM

Broker Forecast - SP Angel issues a broker note on Shanta Gold Ltd

SP Angel today initiates coverage of Shanta Gold Ltd (LON:SHG) with a buy investment rating and price target of 13.80p. Story provided by StockMarketWire.com...
11-Jan-2017 08:30 AM

Broker Forecast - Peel Hunt issues a broker note on Shanta Gold Ltd

Peel Hunt today reaffirms its buy investment rating on Shanta Gold Ltd (LON:SHG) and cut its price target to 17p (from 23p). Story provided by StockMarketWire.com...
16-Dec-2016 07:27 AM

Shanta's ore

Shanta Gold Ltd said that, on Dec. 15, the underground development at the New Luika Gold Mine intersected first mineralization at the Bauhinia Creek deposit. "The intersect occurred just after the nose fault, as predicted in the geological model,&q
03-Oct-2016 07:36 AM

Shanta Gold notes high-grade intercepts at Singida

Shanta Gold announces high-grade intercepts at its Singida project in northern central Tanzania. Singida is an advanced stage project with a mining licence in place and is expected to become an important contributor to Shanta's growth. "With
22-Sep-2016 08:30 AM

Broker Forecast - Peel Hunt issues a broker note on Shanta Gold Ltd

Peel Hunt today reaffirms its buy investment rating on Shanta Gold Ltd (LON:SHG) and set its price target at 21p. Story provided by StockMarketWire.com...
13-Sep-2016 12:20 PM

Broker Forecast - Peel Hunt issues a broker note on Shanta Gold Ltd

Peel Hunt today reaffirms its buy investment rating on Shanta Gold Ltd (LON:SHG) and raised its price target to 21p (from 18p). Story provided by StockMarketWire.com...
17-Aug-2016 01:50 PM

Broker Forecast - finnCap issues a broker note on Shanta Gold Ltd

finnCap today reaffirms its buy investment rating on Shanta Gold Ltd (LON:SHG) and raised its price target to 20p (from 12p). Story provided by StockMarketWire.com...
17-Aug-2016 07:15 AM

Shanta Gold narrows H1 loss, hikes gold output

Shanta Gold has narrowed its H1 pretax loss, and hiked its gold production for the six-month period as cash costs more than halved. H1 gold output was 48,237 oz, from 28,180 oz. Cash costs for the period totalled $437/oz, from $993/oz. Gold sales were 4
23-May-2016 09:00 AM

Broker Forecast - Peel Hunt issues a broker note on Shanta Gold Ltd

Peel Hunt today reaffirms its buy investment rating on Shanta Gold Ltd (LON:SHG) and cut its price target to 8p (from 9p). Story provided by StockMarketWire.com...
19-May-2016 10:00 AM

Broker Forecast - finnCap issues a broker note on Shanta Gold Ltd

finnCap today reaffirms its buy investment rating on Shanta Gold Ltd (LON:SHG) and cut its price target to 12p (from 13p). Story provided by StockMarketWire.com...
01-Sep-2014 10:04 AM

Shanta Gold reports healthy cash flow

Shanta Gold (AIM: SHG), the East Africa focused gold production and exploration company, has announced results for the six months ended 30 June 2014 which showed gold production of 42,194 ounces during the period Revenues were $58.3m with EBITDA of $15.5
22-Apr-2014 07:57 AM

Shanta Gold narrows FY pretax loss

Shanta Gold narrowed its FY pretax loss to $4.4m, from a loss of $14.7m. Revenue was $65.99m, from nil. The average price of gold sold of $1,361 per ounce achieved. Shanta said 27,000 ounces was sold forward during the year at an average price of $1,402
18-Sep-2013 08:10 AM

Shanta Gold gives New Luika Gold Mine drill results

Shanta Gold, the East Africa-focused gold production & exploration company, provides an update on progress achieved with its 2013 diamond drilling programme commissioned to expand the Indicated category resource base at the Company's two main ore dep
17-Sep-2013 07:27 AM

Shanta Gold narrows H1 pretax loss to $1.4m

Shanta Gold narrowed its H1 pretax loss to $1.4m, from a loss of $7.0m. Revenue was $14.7m, from nil the prior year. "Although the Company is still in an early stage production phase, there has been pleasing on-going improvements in plant performanc
29-Jul-2013 08:11 AM

Shanta Gold appoints Robin Fryer as director

Shanta Gold Limited has appointed Robin Fryer as an independent non-executive director with immediate effect. At 8:11am: (LON:SHG) Swan Hill Group share price was 0p at 12.25p Story provided by StockMarketWire.com...
21-Jun-2013 07:28 AM

Shanta Gold enters more forward gold sale contracts

Shanta Gold has entered into forward sale contracts over an extra 9,000 ounces of gold to be delivered in the period to March 2014. These forward sales were secured at an average price of $1,362/oz. Shanta now has in place total outstanding forward sal
20-May-2013 12:41 PM

New mine boosts Shanta Gold

Shanta Gold has reported that it has made significant operational progress since beginning production at the New Luika gold mine last August, with gold sales of over 22,000ozs to date generating significant revenue. At the company's Annual General M
29-Apr-2013 08:44 AM

Shanta Gold forward sells 30,000oz gold in 2013

Shanta Gold said it has forward sold 30,000 ounces of gold, given the volatile gold price environment, equating to 43% of the forecast 2013 production at an average price of $1,429 per oz. The forward sales contracts were for delivery during the period t
15-Apr-2013 12:43 PM

New chairman at Shanta Gold

Shanta Gold has appointed Anthony Durrant as non-executive chairman. He will take over next month after the company's AGM, succeeding Walton Imrie. Mr. Durrant brings considerable expertise and proven leadership experience to the role. Mr. Durrant
15-Apr-2013 08:39 AM

Shanta Gold widens FY pretax loss to £14.7m

Africa-focused Shanta Gold widened its full-year pretax loss to $14.75 million, from $12.27 million in the prior year. It recorded nil revenue in both periods. Administrative expenses increased to $8.08 million, from $4.97 million. "2012 has been a

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