Geita (Tanzania)

Geita, one of the flagship mines of the Gold Quarry company, is located in the north-west of Tanzania, on the gold deposits of Lake Victoria in the Mwanza region, approximately 120 km from Mwanza and 4 km west of the city of Geita.

This is the largest of eight gold mines in Africa and the only such mine in Tanzania.

All Geita history is closely related to gold mining. The Geita gold mine started gold mining in 1936, when 2000 employees worked there. It was the largest gold mine in East Africa. From 1936 to 1966, more than 1 million ounces of gold were mined.

Deposit

from 1000$

Income

0,65%
for 90 days

Withdrawal

Daily

Geita has an operating CIL beneficiation plant with a capacity of 5.2 million tons per year, capable of processing solid ore. In addition, the company has an operating tailings storage facility. For the maintenance of heavy mining equipment and all light auxiliary equipment of the mine, there is a full-fledged workshop. Additional supporting infrastructure includes a mine settlement, a medical clinic, a mine warehouse, administrative buildings and an airstrip.

The underground mining method used by Geita is a combination of longitudinal open pit (LOS) and transverse open pit (TOS).

Our goal

Being a leading gold mining company. Creating value and improving quality of life through sustainable and responsible mining.

Gold Quarry has built a high-quality, easy-to-understand business that provides superior long-term returns for our investors, creates a great work environment for our employees and makes a positive contribution to the communities in which we operate.

Our mission

Ensure the development of a best-in-class portfolio of projects for replenishment of mineral reserves and production, while maintaining quality, manageability and compliance with our future portfolio.

We have good positions for further increases in production volumes due to our internal expansion projects, our chain of projects, and also due to potential acquisitions, joint ventures and partnerships. However, we continue to adhere to a reasonable and balanced approach to development while maintaining financial flexibility.



Affiliate Program

Do you know how to attract investments? Do you know the contributors? Gold Quarry offers a 3-level affiliate program.


The affiliate program is your unique chance to earn money in the energy business without your own investments. Accruals occur in proportion to the attracted investments up to 3 levels.

Lvl 1
7%
Lvl 2
5%
Lvl 3
3%