Gold-Copper Mining
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“Madneuli-Quartzite” Complex
“Madneuli” is one of Georgia’s largest natural resource companies, holding the license for exploration of Madneuli ore field in the southern part of Georgia, 80 km away form Tbilisi.
Total ore reserves are up to 60 mln tons, annual ore extraction volume is over 2 mln tons. In addition, the company produces 60 000 tons of gold-copper concentrate.
«Quartzite» is a subsidiary of “Madneuli”, processing the parent company’s gold-containing dump by heaps leaching.
Annual production volume exceeds 30000 ounces of bullions.
Primary objectives
- Improving production efficiency
- development of new fields
- increasing production volumes