Shanta Gold

Shanta Gold Limited
Public Company
Industry Mining
Predecessor Shanta Mining Company Limited
Founded 2001
Headquarters St Peter Port, Guernsey
Area served
 Tanzania
Key people
 Toby J Bradbury (C.E.O)
Products Gold
Gold Exploration
Revenue Decrease $95,705,000 (2015)
Decrease ($11,125,000) (2015)
Decrease ($17,206,000) (2015)
Number of employees
 1,045 (2015)
Parent Shanta Gold Holdings Limited
Website shantagold.com

Shanta Gold Limited is 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'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]

Financial performance

Year 2012 2013 2014 2015
Revenue (US$000) - 65,989 114,857 95,705
Cost of Sales (US$000) - 53,816 80,106 96,394
Net Income (US$000) -14,747 12,173 34,751 -11,125
Profit per Share (US$ cents) -4.42 0.164 1.907 -3.727
Notes [5] [6] [7] [8]

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 [8]
2015 81,873 4.73 1,163 757 [8]

Ownership

The following are the major investors that own more than 3% of the companys shareholdings:[9]

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

References

  1. ↑ SHG SHANTA GOLD LIMITED ORD 0.01P London Stock Exchange, 19 September 2013. Retrieved 19 September 2013. Archived here.
  2. ↑ Investor Fact Sheet January 2013 Shanta Gold, 2013. Retrieved 19 September 2013. Archived here.
  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. ↑ "Shanta Gold Annual report 2012" (PDF). Shanta Gold. Retrieved 18 September 2016.
  6. ↑ "Shanta Gold Annual report 2013" (PDF). Shanta Gold. Retrieved 18 September 2016.
  7. ↑ "Shanta Gold Annual Report 2014" (PDF). Shanta Gold. Retrieved 18 September 2016.
  8. 1 2 3 "SHG annual report" (PDF). Shanta Gold Limited. December 2015. Retrieved 18 September 2016.
  9. ↑ "Shareholder Information | Investors | Shanta Gold". www.shantagold.com. Retrieved 2016-09-18.
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