UK 19:17 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.
Mike Houston, boss of Guernsey-based Shanta Gold (SHG), is preparing for a busy autumn as the AIM-quoted company works to lift annual gold production at its Tanzanian gold project from a forecast 80,000 oz. this year to 100,000 oz. in two years time. Shanta, which produced 63,000 oz. in 2013 and lost a much-reduced £2.6 million on £40 million turnover, is expecting two feasibility studies in September or October on its currently producing New Luika mine in south-west Tanzania’s Lupa goldfield and its Singida project in the centre of this East African country. But how might the market react to this potentially positive newsflow?
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