Shanta Gold is involved in gold exploration and development in one of Africa's most significant gold-producing regions, Tanzania. Established in 2001, Shanta Gold was admitted to the London Stock Exchange's Alternative Investment Market (AIM) in July 2005.

Strategy

The company’s business strategy has been revised to take account of uncertain market conditions and a difficult funding environment. Essentially Shanta remains committed to adding value to its assets and increasing its resource base, while maintaining a medium-term secure cash position and investigating the possibility of alternative sources of finance, initially through possible small scale mining.