The effects of cobalt ions on the precipitation of goethite in highly alkaline media were monitored using X-ray diffraction (XRD), Mössbauer, Fourier transform infrared (FTIR) and energy dispersive X-ray (EDS) spectroscopies and field emission scanning electron microscopy (FE-SEM) techniques. Tetramethylammonium hydroxide was used as a precipitating agent. The precipitates were collected after heating of the precipitation systems at 160°C for 2 h. The XRD results showed the formation of goethite structure as a single phase up to r = 6.98 (where r = 100·[Co]/([Co]+[Fe])). Cobalt ferrite was found as an additional phase in the precipitates obtained at r = 9.09 and 13.04. Mössbauer spectroscopy showed the formation of solid solutions of α-(Fe,Co)OOH. The incorporation of cobalt ions into the goethite crystal structure was monitored by a decrease in the average hyperfine magnetic field (〈Bhf 〉). The value 〈Bhf 〉 decreased linearly up to r = 5.66, whereas a nonlinear dependence was obtained at r = 6.98 to 13.04. Infrared (IR) bands corresponding to the bending vibrations δOH and γOH were shifted from 892 to 903 cm−1 and from 797 to 800 cm−1, respectively, up to r = 6.98. Fourier transform infrared spectroscopy lacked the sensitivity to monitor the effects of cobalt ions, demonstrated by the Mössbauer analysis. Cobalt incorporation into the crystal structure of goethite induced a gradual elongation of α-(Fe,Co)OOH particles along the crystallographic c axis. The formation of α-(Fe,Co)OOH nanowires was shown at r ≥ 6.98. These nanowires were ~700 nm long, whereas their diameter was ~15–20 nm. The majority of the cobalt ferrite particles were in the nanosize range, as observed by FE-SEM. On the basis of the Co/Fe ratio measured by EDS, it appears that the cobalt ferrite particles were not fully stoichiometric.