- Country: Zimbabwe
- Industry: Energy, Natural Resources, Mining
- Stage: Expansion/Growth
- Years in operations: 10, Employees: 25
- Investment size: $600,000 / min. $599,981
- ROI: 50% in 3 years
- Type of investment: Equity
I am offering a 50/50 ownership to an investor who can provide funds for expansion of my gold mine. I want to improve the gold ore production to 100ton p/day.
Serious investor needed in gold mining. The mine is located 175 km from Harare. Our target is to produce 8 to 10kg a month as the mine already has exciting shafts with a promising ratio of 4 to 15 grams per ton. The mine requires a cash injection of US$100,000 – $ 500,000 for capital equipment and mine development. This project has a potential turnover of US$400,000 per month.
My mining claim has got rich gold deposits. . And I have no competitors since gold is already in short supply in Zimbabwe.
Rationale for the deal
Monthly production of 8 to 10kg could easily make 100,000$ net profit each. I have 10 years of underground and open cast gold mining experience.
Use of financing
Funding is required to expand the project by increasing gold ore production to 100 tons per day.
Will purchase bigger processing equipments which are easily available locally and 20% of fund will go in the development of the shafts and infrastructure.
Opportunity for the investor
I am offering to the investor a 50-50% partnership for 2 years. The investor will decide either to be hands on or a silent investor. For an investment of 600,000$ the investor can enjoy 50% of net profit for a period of 2 years.
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