The gold mining market is a multibillion-dollar industry, with Africa holding a substantial share of global exports. Within this landscape, Geita in Tanzania stands out as a region of significant gold wealth. While large-scale refineries have historically dominated the gold refining sector, there remains substantial opportunity for small to medium-sized refining operations. These facilities can drive value addition by producing finished, high-quality jewellery and other gold products for export. With global gold demand exceeding 3,800 metric tonnes annually, as reported by the World Gold Council, strong pricing continues to make various sources of gold—mining, recycling, and scrap—economically feasible.

Tanzania’s Geita region is home to one of the country’s most productive gold belts. Though several international mining companies have established operations and secured licenses in the region, a vast portion of Geita’s gold-rich terrain remains underdeveloped, particularly by local artisanal and small-scale miners. Recent geological surveys and private exploration initiatives have revealed extensive untapped deposits, sparking optimism for a new wave of commercial-scale mining. This could elevate Geita’s status as a premier gold-producing hub, not only within Tanzania but across the African continent.