A disciplined approach to delivering operational execution, strategic growth through a diversified portfolio, and sustainable mining operations.
Shanta Gold (“Shanta”) is an East Africa-focused gold producer, developer and explorer. Shanta is a growth-driven, people-focused, and responsible business, motivated by a commitment to deliver long-term value for all stakeholders. Alongside its Tanzanian assets, the New Luika Gold Mine (“New Luika”) and the Singida Gold Project (“Singida”), Shanta also owns the West Kenya Project in Kenya with defined high-grade resources and prospecting licences. The Company is listed on the Alternative Investment Market (AIM) of the London Stock Exchange under the trading symbol SHG.
Tanzania portfolio: New Luika Gold Mine, which is an established and cash generative operation; Singida Gold Mine, which is currently in the construction and mining phase; and exploration properties cover approximately 990 km2.
Kenya portfolio: The West Kenya Project covers multiple identified targets. Isulu-Bushiangala is the main resource-stage target and Ramula is a new resource-stage target.
New Luika is an established cash generative operation. A total of 504 Koz of new reserves have been added to the New Luika mine plan since 2015.
Singida became Shanta’s second operating mine in Tanzania when it commenced production in Q1 2023, transforming Shanta Gold into a +100,000 oz per annum with an expected average annual production of 34 koz over a 5-year period 2023-2027.
The West Kenya Project covers multiple identified targets in the highly prospective Lake Victoria greenstone gold field. Isulu-Bushiangala is the main resource-stage target and Ramula is a new resource-stage target.
Tanzania’s exploration properties are in the geologically rich Lupa Goldfield surrounding New Luika and the Singida Greenstone belt, which extends across the mining licences at Singida. The West Kenya Project covers multiple identified targets in the highly prospective Lake Victoria greenstone gold field.