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Jul 25, 2019· Shanta Gold has announced that the Ilunga Underground Mine at the New Luika Gold Mine (NLGM) in South Western Tanzania has achieved commercial production on schedule and on budget. The primary ventilation fan and underground infrastructure are installed and operational.
New Luika Gold Mine . New Luika is an active gold mine in the Mbeya region of Tanzania. It is fully owned by Shanta Gold (AIM: SHG), which started gold extraction in 2012. The current life of the mine is estimated to be 6 years. New Luika's total gold resource is estimated at oz.
New Luika Gold Mine – Project Success! Inglett Stubbs International (ISI) is completing our onsite support of the New Luika Gold Mine Power Station with daytoday operations at the end of 2018, a full 14months sooner than planned.
The New Luika gold mine came into production in 2012 and has been producing between 80,000 ounces per year (oz/y) and 88,000 oz/y since 2014. Production totaled 81,872 oz in 2018 and is forecast to be in the range of 80,000 oz to 84,000 oz in 2019 at allin sustaining costs of 740/oz to 800/oz.
Shanta Gold Limited is an East Africafocused gold producer, developer and explorer. It currently has defined ore resources on the New Luika project in Tanzania and holds exploration licences covering approximately 1,500km2 in the country. Shanta's flagship New Luika Gold Mine commenced production in 2012 and produced 81,872 ounces in 2018.
Aimlisted Shanta Gold has identified new targets within its existing mining licences at the New Luika gold mine, in Tanzania, following a detailed review of the exploration portfolio over the past 12 months. Two of the highpotential targets are Bauhinia Creek (BC) North and Elizabeth Hill (EH) North.
Jul 21, 2015· The chief executive of Shanta Gold (LON:SHG), Toby Bradbury, talks though the progress made at the firm's New Luika gold mine in Tanzania and explains how the company is in a .
"With mine life extension at New Luika a continuing priority for Shanta, it is exciting to see these latest results from our focused drilling programmes," said Shanta Gold chief executive ...
Mar 23, 2018· The New Luika Gold Mine (NLGM) of AIMlisted Shanta Gold in southwest Tanzania has successfully transitioned to being a predominantly underground operation and is expected to produce between 82 000 and 88 000 ounces of gold in 2018 at an AllIn Sustaining Cost (AISC) of US680 to US730 an ounce.
East Africafocused Shanta Gold has cancelled its proposed £ buyout of TSXVlisted Helio Resources. The transaction, which was announced in June, would have given Shanta control of Helio's assets, adjacent to its own New Luika gold mine, in Tanzania.
Veolia Water Technologies South Africa (Veolia) has completed and handed over a threepart project for Shanta Gold in Tanzania at its New Luika Gold Mine located in the Lupa Goldfield of south west Tanzania. Veolia's scope of work incorporated fabrication, installation and commissioning of the RWTP and skidmounted BWTP, as well as supplying equipment for, refurbishing and commissioning the ...
Jul 15, 2019· Shanta Gold is an East Africafocused gold producer. It currently has defined ore resources on the New Luika and Singida projects in Tanzania and holds exploration licences covering approximately 1,500km2 in the country. Shanta's flagship New Luika Gold Mine commenced production in 2012 and produced 81,872 ounces in 2018.
East Africafocused gold producer Shanta Gold (AIM: SHG), has announced that the first stope ore has been produced from the New Luika Gold Mine ("NLGM") underground operation in the Southwest of Tanzania. The underground ore is being sourced from a longhole open stope between the 900 – 880 metre levels in the Bauhinia Creek orebody.
Jul 23, 2019· East African gold producer, Shanta Gold (AIM: SHG), has extended the mine life of its New Luika gold mine in Tanzania to 2025 after fresh drilling, estimation and modelling has identified latent opportunity within the existing operation.