Geita opencast mine

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Geita opencast mine
General information about the mine
Geita open pit gold mine.jpg
A bird's eye view of the Geita opencast mine (2005)
Mining technology Open pit
Funding / year 14.8347 (2016) t
Funding / total 166.6649 tons of gold
Information about the mining company
Operating company AngloGold Ashanti
Employees 3200 (2008)
Start of operation 2000
Funded raw materials
Degradation of gold
gold

Camp name

Geitaberg ( English Geita Hill gold deposit )
Geographical location
Coordinates 2 ° 49 '11.5 "  S , 32 ° 16' 6.1"  E Coordinates: 2 ° 49 '11.5 "  S , 32 ° 16' 6.1"  E
Geita open pit mine (Tanzania)
Geita opencast mine
Location of Geita opencast mine
local community Geita
republic United Republic of Tanzania
Country Tanzania

The open pit Geita is a gold - open pit in the district Geita the same region in the northwest of Tanzania , about 80 kilometers southwest of Mwanza and 20 kilometers from Lake Victoria . It started operations in 2000 as a joint venture between AngloGold and Ashanti Goldfields Corporation . Since the merger of the two companies in 2004, the opencast mine has been wholly owned by the South African gold mining group AngloGold Ashanti and is its largest open-cast gold mine .

advancement

Geita systems on the back of the Tanzanian 5000 shilling banknote.

In 2008, Geita returned 264,000 ounces of gold (1.92 grams per tonne of ore ), representing 6% of the company's total gold production, and employed 3,200 people. In 2011 the production was 494,000 ounces of gold, which corresponds to a yield of 3.98 grams per ton of ore.

In the first few years, Geita had to pay an annual flat fee of the equivalent of 200,000 US dollars as a municipal concession fee. Through renegotiations, the state managed to switch to a levy of 0.3% of gross profit, which led to a massive increase in the amount calculated for the first time in 2015 to 2.2 billion TSh (equivalent to around 1.182 million US dollars in 2015).

year Extraction ( ounces ) Yield (g / t) Cost per ounce (USD)
2003 661,000 3.60 183
2004 570,000 3.74 250
2005 613,000 3.14 298
2006 308,000 1.68 497
2007 327,000 2.01 452
2008 264,000 1.92 728
2009 272,000 1.89 954
2010 357,000 2.36 777
2011 494,000 3.98 536
2014 527,000 480
2015 489,000 530
2016 477,000 599

Web links

Individual evidence

  1. ^ The geology of the giant Nyankanga gold deposit, Geita Greenstone Belt, Tanzania (PDF Download Available). In: researchgate.net. Accessed December 14, 2017 .
  2. Geita Open Pit Gold Mine, Mwanza, Tanzania. In: mining-technology.com. Accessed December 14, 2017 .
  3. Geita Gold Mine Pays 2.2bn / - Service Levy to Councils. In: kitco.com. March 16, 2015, accessed December 14, 2017 .
  4. a b c Annual Report 2005 ( Memento of the original from July 19, 2011 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. AngloGold Ashanti website, accessed April 19, 2015 @1@ 2Template: Webachiv / IABot / www.anglogoldashanti.co.za
  5. Annual Report 2006 ( Memento of the original from July 7, 2011 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. AngloGold Ashanti website, accessed April 19, 2015 @1@ 2Template: Webachiv / IABot / www.anglogold.com
  6. a b c Annual Report 2009 ( Memento of the original dated September 12, 2011 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. AngloGold Ashanti website, accessed April 19, 2015 @1@ 2Template: Webachiv / IABot / www.anglogoldashanti.com
  7. Annual report 2010 ( Memento of the original from April 19, 2015 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. AngloGold Ashanti website, accessed April 19, 2015 @1@ 2Template: Webachiv / IABot / www.anglogoldashanti.com
  8. Annual Report 2011 ( Memento of the original from April 19, 2015 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. AngloGold Ashanti website, accessed April 19, 2015 @1@ 2Template: Webachiv / IABot / www.anglogoldashanti.com
  9. a b c Operational Profile 2016 AngloGold Ashanti website, accessed December 2, 2017