JOHANNESBURG (miningweekly.com) – Aim-listed Shanta Gold has received a $3.4-million value-added tax (VAT) refund from the government of Tanzania.
The refund is made up of a $1.9-million offset against corporate taxes payable in 2016 and 2017 and a cash payment of $1.5-million.
Shanta’s VAT receivable balance has reduced to $13.4-million.