- Country: Ghana
- Industry: Energy, Natural Resources, Mining
- Stage: Initial growth (first revenues)
- Investment size: $80,000 / min. $50,000
The project idea is to start surface gold mining. The product is refined Gold.g
To launch the project I need equipment and labor, etc. Besides, I am looking into transportation of LPG gas.
I plan going into the production of gold (surface mining) and I need some machines to start off, e.g. an excavator (fairly used) and a crush machine, as well as office equipment, labor, etc.
The capital will be paid back in 3-5 years.
There is a remarkable and credible research showing that prices of gold will continue to rise in the next ten years. The past trends and demand solidly confirm that.
Any investor stands to benefit since global evidence attests to the growing increase in the demand for gold.
I can't go forward on my own because I do not have the requisite capital to start the business. Additional funding will be needed to explore more gold reserves.
As mentioned, there is an increasing global trend for demand for gold.
Competitors in this business in my country are basically indegenous people who do not have the capital base and the modern technology to do effective and effeicient work.
Rationale for the deal
The global demand for gold is solid. Industrial experts have predicted that given the global economic downturn, investors widely prefer to trade in minerals like diamonds, silver, but more particularly, gold.
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