The Full Story
About
Matundasi ASM Development Co. Ltd (MADC) was incorporated in 2008 with the objective of operating small-scale gold mines to medium scale gold mine.
Located in the heart of Chunya district within the resource-rich Mbeya region of Tanzania, Matundasi ASM stands as a beacon of excellence in the field of gold mining. With a steadfast commitment to responsible and sustainable practices, has garnered recognition for its contributions to both the local economy and the global gold market.
​
Our dedication to innovation and environmental stewardship takes center stage. Through three distinctive projects – Matundasi, Paris, and Mkwajuni – we showcase not just our mining expertise but also our unwavering commitment to pushing the boundaries of responsible mining. Each project is a testament to our vision, demonstrating how responsible practices can redefine the landscape of gold mining for the better. Join us on this journey where responsible mining meets excellence and environmental stewardship in the captivating backdrop of Tanzania's gold-rich terrain.
​
Matundasi ASM shafts operation that is still under development, at level 60m and 67 with semi production of 50 - 120tons per day. Mkwajuni is a site that is under exploration for resources delineation in order to increase our resources for Matundasi ASM company. Also three semi processing of Tailing sources from artisanal miners around our site. we also provide services for small scale miners of crushing, grinding/ milling. our aim, is to become the best medium small scale company in Chunya for Producing Gold, Silver and Copper to the future by using new technology of mineral Recovery
Matundasi ASM proudly operates three distinct projects that showcase their dedication to innovation and environmental stewardship: Matundasi, Paris, and Mkwajuni.
Mission
our mission is to operate small to medium-scale gold mines with a steadfast commitment to responsible and sustainable practices. We aim to contribute significantly to the local economy and the global gold market by leveraging innovation and environmental stewardship. Through our diverse projects – Matundasi, Paris, and Mkwajuni – we strive to set new standards in the gold mining industry, ensuring that our operations not only yield economic benefits but also foster environmental sustainability and community development.
Vision
Our vision is to become medium-scale gold mining company in the Mbeya region, known for our commitment to responsible mining, environmental sustainability, and technological advancement. We aspire to redefine the landscape of gold mining by proving that economic prosperity and environmental preservation can go hand in hand. By continuing to innovate and invest in our people and our projects, we envision a future where Matundasi ASM Development Co. Ltd stands as a global leader in ethical and sustainable mining practices.