GEITA Gold Mine expects to increase production by pumping into its operations 478.6 bn/- (300 million US dollars).
They company envisages expanding exploration activities. Geita Gold Mine will embark on an eight-year exploration programme that will see the mine continue employing locals and foreigners, for a much longer period due to extension of the mine's lifespan.
"Besides exploration activities the money will also be invested in purchases of heavy duty trucks which are essential in ferrying the ore from the open pit floor to the surface for further processing," said Mr Tenga Tenga, Communications Manager, AngloGold Ashanti Limited.
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