Shanta Gold

Shanta Gold Limited is a gold mining company, registered in Guernsey in the Channel Islands but which operates in Tanzania. The company is listed on AIM on the London Stock Exchange (symbol: LON:SHG) and had a market capitalisation of £63.5M as of 18 September 2013.[1] The Tanzanian offices are in Dar Es Salaam. Its bankers are UBS.[2]

Shanta Gold Limited
Public Company
IndustryMining
PredecessorShanta Mining Company Limited
Founded2001
Headquarters
St Peter Port
,
Guernsey
Area served
Tanzania
Key people
Eric Zurrin <ref[>http://www.shantagold.com/about-us/senior-management] </ref>(C.E.O)
ProductsGold
Gold Exploration
Revenue $95,705,000 (2015)
($11,125,000) (2015)
($17,206,000) (2015)
Number of employees
1,045 (2015)
ParentShanta Gold Holdings Limited
Websitewww.shantagold.com

Shanta's most important project is New Luika Gold Mine, in the Lupa Gold Field of south western Tanzania, which saw its first gold pour in August 2012.[3] The company's mines are all currently in Tanzania but projects elsewhere in East Africa are envisaged. Shanta sub-contracts all aspects of the mining process in order to shorten the time taken for a new mine to become productive.

Corporate affairs

Headquarters

Shanta Gold is incorporated in Guernsey and maintains an office in Saint Peter Port.[4]

Production statistics
Year Gold produced (oz) Grade (g/t) Average price (US$/oz) Cash Cost
per ounce (US$)		 Notes
2014 84,028 5.78 1,289 742 [5]
2015 81,873 4.73 1,163 757 [5]

Ownership

The following are the major investors that own more than 3% of the companys shareholdings:[6]

Shareholder Percentage Ownership
Odey Asset Management 19
Majedie Asset Management 10
Ketan Patel 7
Brooks Macdonald Asset Management 6
JPMorgan Securities 5
Hargreaves Lansdown Asset Mgt 4
River & Mercantile Asset Management 4
Hargreave Hale 4
Jonathan Leslie 3
Other shareholders 38
Total 100
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References
  1. "SHG SHANTA GOLD LIMITED ORD 0.01P] London Stock Exchange, 19 September 2013. Retrieved 19 September 2013. [https://www.webcitation.org/6JjgMPDwq?url=http://www.londonstockexchange.com/exchange/prices-and-markets/stocks/summary/company-summary.html?fourWayKey=GB00B0CGR828GBGBXAIM Archived here". External link in |title= (help)
  2. "Investor Fact Sheet January 2013] Shanta Gold, 2013. Retrieved 19 September 2013. [https://www.webcitation.org/6JjfzUmFM?url=http://www.shantagold.com/investors-and-media/fact-sheets/2013/shanta_gold_fact_sheet.pdf Archived here]" (PDF). External link in |title= (help)
  3. Shanta Gold signs $30-million debt facility by Idéle Esterhuizen in miningweekly.com, 10 January 2013. Retrieved 20 September 2013. Archived here.
  4. "Shanta Gold Limited Share Price - SHG, RNS News, Articles, Quotes, & Charts(LON:SHG)". Retrieved 2016-09-18.
  5. "SHG annual report" (PDF). Shanta Gold Limited. December 2015. Retrieved 18 September 2016.
  6. "Shareholder Information | Investors | Shanta Gold". shantagold.com. Retrieved 2016-09-18.
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