KARAKANI HILL
HARD ROCK
CRUSHING LINE
MINING TEAM

Our Company


We are Goldwater Sweden AB, a Swedish – Guinean mining company with concessions in Guinea West Africa headed from Gothenburg Sweden, present in one of the world’s most profitable businesses, the business of gold mining.

Essentially, mining is by definition, the extraction of valuable minerals or other geological materials from the earth from an ore-body, lode, vein, seam, or reef, which forms the mineralized package of economic interest to the miner.

Objectives & Vision


Goldwater ́s vision is to work with local competence and extract minerals in the most environmental friendly manner. By using a combination of a new technology and the latest mining equipment will ensure maximum yield. Goldwater will extract gold from the company’s mining concessions. We will develop and extract the concessions through open-pit-mining. Goldwater also aims to involve ventures to render service to the communities and to obtain new profitable concessions.
We believe our keys to success are;
Continuous further development of our High-quality assets the not yet mined gold in the concession and as swiftly as possible getting in to full production.
Commitment to excellence .In practice this means continued commitment to our operating philosophy building strong, lasting partnerships with our people and local communities as well as government sticking to our sustainability approached that runs true everything we do in health, safety and environment. This commitment to operating responsibly, striving to attain the highest safety and environmental standards and adding value to the community where we operate as an integrated part of our strategy and risk management.
Careful planning to maintain low cash operating costs and ensures profitability even when metal prices are low.

Geologist's Quote


”As outlined primary and secondary gold deposits within the SGG Balandougou Concession together based on comparison with other tenements in the area of the Siguiri Basin can be expected to carry a minimum of 1.0 to 1.5 Mio ounces of Gold”

Dr.Hans R Klob
Principal Consultant Geologist
and Mineral Economist

“Karakani Hill Gold Mine on 3 km2 area could be one of the most productive open pit gold mine in Guinea. Measured mineral resources are estimated to be 20.0 Mt of ore, and indicated mineral resources were estimated to be 20.0 Mt of ore”

Senior Geologist
Mr. Horváth János
Geo-Montan Kft.