Search News

All News / Precious Metals

Geita Gold Mine Expansion Boosts Tanzania Production by 20%...
12 Nov, 2025 13:26 293 min read
The Geita mine expansion is a low-risk, high-return project leveraging proven geology and existing infrastructure to increase annual production to 600,000 ounces of gold. Driven by a massive $50 million annual exploration budget to extend its mine life and supported by infrastructure like grid power for lower emissions, the expansion strengthens Tanzania's position as a top African gold producer while delivering substantial economic benefits through local employment and community investment.... More