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United States

Shanta Gold Reports Gold Production Of 19,856 Ounces In Q2


Thursday, 18 Jul 2019 02:00am EDT 

July 18 (Reuters) - Shanta Gold Ltd ::SHANTA GOLD LTD - GOLD PRODUCTION OF 19,856 OUNCES IN Q2 (Q1: 22,374 OZ) AND 42,230 OZ FOR HALF YEAR.SHANTA GOLD LTD - COMFORTABLY ON TRACK TO MEET ANNUAL PRODUCTION GUIDANCE OF 80,000−84,000 OZ AND UP 11%ON H1 2018.SHANTA GOLD LTD - AT A COST OF US$2/OZ IN QUARTER, CO HAS REPLACED ALL DEPLETION EXPECTED FROM 2019 GOLD PRODUCTION.SHANTA GOLD LTD QTRLY EBITDA (BEFORE NON-CASH LOSS ON UNSETTLED FORWARD CONTRACTS) OF US$10.5 M (Q1: US$11.7 M).SHANTA GOLD LTD QTRLY ALL IN SUSTAINING COSTS OF US$773 /OZ AND YEAR-TO-DATE AISC OF US$735 /OZ. 

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