Liberum Appointed as Nomad and Joint Broker to Shanta Gold

We are pleased to announce that Liberum has been appointed as Nomad and Joint Broker to Shanta Gold Ltd with immediate effect.


Shanta Gold is an East-Africa focused gold producer, developer and explorer with assets in Tanzania and Kenya. The Company’s flagship asset is the New Luika Gold Mine located in southwest Tanzania. New Luika is a low cost, established, cash generative operation with high grade resources. New Luika is forecast to produce 80k-85k oz of gold in FY20.

Alongside New Luika, Shanta Gold owns Singida, an exploration and development stage project located in central Tanzania, and the recently acquired West Kenya exploration and development licences from Barrick Gold.

The acquisition of the West Kenya assets provides Shanta Gold with realisable growth prospects and the opportunity to become a significant East-Africa gold producer.

Tamesis Partners LLP has been appointed as Joint Broker alongside Liberum.

Liberum Team

IBK - Clayton Bush, Scott Mathieson, Louis Davies

Sales - Julian Collett, Sebastian Fernandez

Research - Ben Davis

CIR - Joel Knight

New York


Ropemaker Place, Level 12 25 Ropemaker Street London EC2Y 9LY

New York

20th Floor 575 Fifth Avenue New York NY 10017