Shanta Gold
 | |
| Company type | Public Company |
|---|---|
| Industry | Mining |
| Predecessor | Shanta Mining Company Limited |
| Founded | 2001 |
| Headquarters | , Guernsey |
Area served | Tanzania |
Key people | Toby J Bradbury (C.E.O) |
| Products | Gold Gold Exploration |
| Revenue |  $95,705,000 (2015) |
| ($11,125,000) (2015) | |
| ($17,206,000) (2015) | |
Number of employees | 1,045 (2015) |
| Parent | Shanta Gold Holdings Limited |
| Website | shantagold |
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]
Business trends
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
- ^ SHG SHANTA GOLD LIMITED ORD 0.01P London Stock Exchange, 19 September 2013. Retrieved 19 September 2013. Archived here.
- ^ Investor Fact Sheet January 2013 Shanta Gold, 2013. Retrieved 19 September 2013. Archived here.
- ^ Shanta Gold signs $30-million debt facility by Idéle Esterhuizen in miningweekly.com, 10 January 2013. Retrieved 20 September 2013. Archived here.
- ^ "Shanta Gold Limited Share Price - SHG, RNS News, Articles, Quotes, & Charts(LON:SHG)". Retrieved 2016-09-18.
- ^ "Shanta Gold Annual report 2012" (PDF). Shanta Gold. Retrieved 18 September 2016.
- ^ "Shanta Gold Annual report 2013" (PDF). Shanta Gold. Retrieved 18 September 2016.
- ^ "Shanta Gold Annual Report 2014" (PDF). Shanta Gold. Retrieved 18 September 2016.
- ^ a b c "SHG annual report" (PDF). Shanta Gold Limited. December 2015. Retrieved 18 September 2016.
- ^ "Shareholder Information | Investors | Shanta Gold". www.shantagold.com. Retrieved 2016-09-18.