Shanta Gold Limited

Shanta Gold Limited

SAAGF
Shanta Gold LimitedUS flagOther OTC
0.18
USD
+0.06
- -
193.88MMarket Cap
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Capital Structure

FRC

in mil. unless spec.
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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChat
CEO
Eric Zurrin
Full Time Employees
953
Sector
Basic Materials
Industry
Gold
Address
11 New Street Saint Peter Port Guernsey GY1 3EG
IPO Date
Aug 24, 2018
Business
Shanta Gold Limited is a gold mining and exploration company primarily engaged in the production, exploration, and development of gold assets in Tanzania, East Africa. The company’s core products and services include gold mining; exploration and development of mineral deposits; and the sale of gold bullion. Shanta Gold operates several gold mines, including the flagship New Luika Gold Mine and the Singida Gold Project. It provides on-site mining and processing operations, as well as gold recovery and refining services. Founded in 2001 and headquartered in London, United Kingdom, Shanta Gold targets the gold mining industry segment focused on East African gold resources. The company serves gold buyers, investors, and stakeholders involved in mineral extraction and commodity markets. Geographically, its operations are concentrated in Tanzania with strategic exploration projects within the region. In the last 1-2 years, Shanta Gold has made significant operational advancements including expansions at the New Luika Gold Mine to increase production capacity and efficiency. The company also entered into new strategic partnerships to optimize mining operations and diversify its asset portfolio. Additionally, it has pursued project development initiatives and completed funding rounds aimed at enhancing its exploration programs. These moves reflect a broader focus on growth and sustainability within the Tanzanian gold mining sector. Shanta Gold Limited maintains a focused business strategy on gold production and exploration with an emphasis on maximizing value from its Tanzanian assets while exploring expansion opportunities in the region. The company continues to leverage its technical expertise and local presence to strengthen its market position in the gold mining industry.

Company News

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