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UNDERGROUND

New Luika underground project approved

East Africa-focused gold producer, developer and explorer Shanta Gold has reported that its New Luika gold mine in Tanzania has received all requisite approvals for its underground project and the decline development has commenced

Staff reporter
The open pit at the Bauhinia Creek deposit, part of the New Luika complex

The open pit at the Bauhinia Creek deposit, part of the New Luika complex

The underground project is fully resourced in terms of employees and equipment. Meanwhile current production, operating and capital costs remain on target. A full update will be provided with June 2016...

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