Stone Quarry in Ghana - Progressive Mining & Const. Co. Ltd

Opportunity Snapshot

  • Country: Ghana Ghana
  • Industry: Energy, Natural Resources, Mining
  • Stage: Expansion/Growth
  • Years in operations: 2, Employees: 38
  • Investment size: $1,000,000 / min. $700,000
  • ROI: 100% in 2 years
  • Type of investment: Equity
Granite Mining Investment Opportunity in Ghana Image Source: Flickr CC, Author: James Bowe

Investment Opportunity

Progressive Mining & Construction Co. Ltd is a stone Mining and construction site in Ghana in the business of producing aggregates for construction.

Products & Services

1. Aggregates for housing and construction
2. Blocks and bricks(pavement blocks)
3. Mining Support services

Target Market
1. Government
2. Construction Industry
3. Individuals - Domestic

Revenue is daily as we sell directly either on contract to government, individuals, contractors what we produce daily. We can also generate revenue from our workshop by giving support to other mining companies within our operational area.

Project Justification
Ghana have a housing deficit of 1000000 and the quest for individuals for houses and homes have gone up. With its attainment of a middle income status, much income of the working class is now been channel into home acquisition.

The quest for development through economic expansion is on government to expand infrastructure to the length and breath of the country. Aggregates is the only suitable material in construction since Ghana has no technology either than using rock, sand and cement for construction.

Competitive Advantage

Competitors include Eastern Quarries and Pw.
But much of these companies produce for developments and also buy on contracts

Rationale for the deal

Revenue is cash and carry. With a production of 3000 cubic meters a day, revenue will be minimum $10,000 daily.

The is already in operation but we need equipment to support the full capacity operation.

We expect the project ROI period to be 2 years.

Use of financing

80 tons per hour Granite Crusher, Excavator and a drill rig

Opportunity for the investor

We are looking for investors at a 70:30 equity ratio.

Investors looking for investment opportunities in Ghana's Mining sector are welcome to contact us through Merar.

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