UK 19:15 Wednesday, 23 September 2026
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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.
AIM-listed gold producer from Tanzania, Shanta Gold (SHG) has announced second quarter of calendar 2013 gold production of 14,448 ounces, up from 11,888 ounces in the prior quarter, and that “phase two of the planned plant improvements has been successfully completed with the commissioning of the upgraded crushing circuit carried out in early July”. However, “as a result of the uncertainty of increasing the volume through the incinerator without further upgrades, the company expects to achieve the lower end of its previous guidance of 63,000 - 70,000 ounces for the full year”...
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