Shanta Gold Plcs New Luika Gold Mine. File photo. Shanta Minings Board Chairman, Anthony Durrant said in the countrys annual report for 2018 that currently the London Stock Exchange listed company is reviewing options to fast track the development of Singida having announced the project economics in the final quarter of 2018.
Sep 05, 2017· AIM quoted Shanta Gold, the East Africa focused gold producer, developer and explorer, has made several changes to its senior management team. These changes at Shanta Gold include: Scott Yelland promoted to COO; Luke Leslie appointed as interim CFO, effective 11 September 2017; Honest Mrema promoted to general manager of New Luika gold mine
The underground mine has a probable ore reserve of 660,500 t at 5.56 g/t for 118,000 oz contained, as well as inferred resources of 636,647 t at 3.57 g/t for 73,067 oz. Shanta has previously said it views Ilunga as a high grade production option in Tanzania, with the potential to contribute up to 25,000 t/month of ore and an average 20,000 oz per planned level of
Mr Patel was a founder of Shanta Mining Company in 2001 and is a member of the Audit and Sustainability committees, chairing the Sustainability committee. He has worked extensively in trading organisations in the UK and since 1986 has traded agrocommodities internationally.
The low cost New Luika Gold Mine, which is located in the Songwe District of South Western Tanzania approximately 700km south west of Dar es Salaam, achieved its first commercial production in 2012. The ore bodies at New Luika comprise high grade , medium grade and low grade (1 ...