UK 18:31 Wednesday, 23 September 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Shanta Gold (SHG) is sounding confident after encouraging first-quarter production in the (currently) mining-friendly East African state in Tanzania. The company awaits boardroom departures shortly and bankable feasibility studies between July and September on two of its ventures: extending the life of its New Luika mine in the south-western Chunga district and its Singida project in the country’s central region. Chief executive officer Mike Houston says work on plant, processing and adding underground operations could potentially add another eight years’ mine life to wholly-owned New Luika, but will this be enough to list Shanta’s share price?
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