Monnaie Group is a privately owned Australian company that specialises in mining and commodities, strategically operating via our global network and infrastructure located in Dubai, Africa, India and Australia.
One of our main investment interests lies in Tanzania, Africa. We are fortunate enough to have on our advisory board, Ralph Nicola, owner of Kanegele Gold Project in the Mbogwe District, Tanzania.
Kanegele Gold Project is a 2km2 property located in Tanzania’s world-class Geita and Kahama region ‘Gold Belt’. Tanzania is the 17th biggest gold producer in the world with over 49 tons are mined each year.
The Geita Region produces over 40% of the gold mined in Tanzania and the Kanegele Gold Project is situated right in its heart and is surrounded by other highly successful gold mines.