Shanta Gold purchases West Kenya potential customers from Barrick for $14.5 m in shares and cash

SHANTA Gold is to purchase gold expedition homes in Kenya from Barrick Gold for $14.5 m in money and shares in an effort to introduce geographical variety to its possession base. The business, noted on London’s Option Investment Market (GOAL), currently mines at the New Luika gold mine in Tanzania. The offer increases Shanta’s gold resource inventory to over three million ounces of consisted of gold with the possibility of future growth, it stated. In regards to its arrangement with Barrick, Shanta Gold will pay $7m in cash and $7.5…

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