World Market Intelligence's "Shanta Gold Limited (SHG) - Company Capsule" contains in depth information and data about the company and its operations. The profile contains a company overview, key facts, major products and services, financial ratios, key competitors, financial analysis, recent developments as well as key employees.
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Shanta Gold Limited (SGL) is a mineral exploration and development company. The company acquires, explores, and develops mineral resource properties in Tanzania. Its projects include New Luika Gold mine, Singida, Songea, and Lupa Goldfield projects. SGL's New Luika Gold mine project is located in Chunya Administrative District, Mbeya region in the Lupa Goldfield of south west Tanzania which comprises one prospecting license covering 49 sq km and three mining licenses covering 16 sq km and produces 84,028 ounces of gold deposits. The company's Singida project is located in Ikungi Administrative District, Singida Region, central Tanzania which comprises three prospecting licenses covering approx 92 sq km and three mining licenses covering 30 sq km and produces gold deposits. Its Songea project is located in Mbinga and Songea Administrative Districts in the Ruvuma Region of southern Tanzania which comprises three prospecting licenses covering an area of approximately 65 sq km and produces gold deposits. The company's Lupa Goldfield project is located with the Ubendian model belt and is the second largest goldfield in Tanzania outside of the Lake Victoria Goldfield and has produced 650,000 ounces of gold deposits. SGL is headquartered in Masaki, Tanzania.