Where is Shanta Gold?

southwest Tanzania
Shanta Gold is an East Africa-focused gold producer, developer and explorer. The Company is focused on its flagship asset, the New Luika Gold Mine (New Luika), located in southwest Tanzania.

Which is the 1st gold mine in India?

Kolar Gold Field
Kolar Gold Field is the first gold mine of India.

What is the biggest gold mine in Ghana?

The Obuasi Gold Mine
The Obuasi Gold Mine is an underground gold mine situated near Obuasi, in the Ashanti Region of Ghana. It was one of the top-10 largest gold mines on Earth. The mine is in Obuasi Municipal District, 39 miles (59.4 kilometers) south-west of regional capital Kumasi….Obuasi Gold Mine.

Is Shanta Gold a good buy?

Shanta Gold has received a consensus rating of Buy.

Where is gold mined in Tanzania?

The North Mara gold mine is located in north-west Tanzania in the Tarime district of the Mara region. It is around 100 kilometres east of Lake Victoria and 20 kilometres south of the Kenyan border. North Mara started commercial production in 2002.

Who owns gold mines in Zimbabwe?

Caledonia Mining is one of the largest industrial miners in the country. It owns the Blanket Mine, located in southwest Zimbabwe, 15km west of Gwanda. CEO Steve Curtis says that policy changes are needed in Zimbabwe to make the country’s gold sector more inviting for foreign investors.

Where is gold mostly found in Zimbabwe?

More than 90% of gold deposits in Zimbabwe are associated with greenstone belts which are some of the richest in the world. Other gold deposits occur in the Limpopo Mobile Belt in the south of the country and in the Proterozoic Piriwiri rocks in the North Western part of the country.

Who owns mines in India?

The mining industry is regulated both at the federal and state level. Under the Constitution of India, the states have the power to regulate mines and mineral development. However, this power is subject to the federal laws and regulations on mining. Minerals are classified into two types – major and minor.

Where is the Shanta Gold Mine in Tanzania?

Shanta Gold (AIM: SHG), the East Africa-focused gold producer, developer and explorer, is pleased to provide an update from its ongoing exploration programme within and surrounding its flagship asset, the New Luika Gold Mine (“NLGM” or “the Mine”) located in the Lupa Goldfield, southwest Tanzania.

What kind of company is Shanta Gold Limited?

Shanta Gold Limited (AIM: SHG), the East Africa-focused gold producer, developer and explorer, announces that it will be hosting a site visit for analysts at its New Luika Gold Mine today.

How big is the gold reserve at Shanta?

Ownership of the prospecting licences is 100% with Shanta Mining. During early 2020 a JORC 2012 compliant gold reserve of 243koz at 3.00g/t was declared.

What kind of intrusives are found in Shanta Gold?

Post tectonic granite intrusives are common throughout the area. Gold mineralisation is associated with penetrative brittle-ductile, steeply dipping, quartz veined shear zones that generally approximate the strike of lithological contacts.