Joint Ventures

Gold Mining Company Seeking Funds

A gold mining company in Zimbabwe is seeking funds for its project covering 250 acres (every two year licence fees renewal system(99 years)), located approximately 4 km northwest of Kadoma town. The three Indian partners initiated work on the project in September 2023, with plans to mine both gold and iron ore. The installation process is estimated to take 9-12 months, utilizing a combination of open-cast and underground mining methods over 300 working days per year. The primary buyer for the extracted gold will be the Government of Zimbabwe. To aid exploration, magnetic data has been transformed into a regular grid using a modified Akima spline technique. The company aims to establish a successful mining operation in the region.

BulawayoBulawayo
Mining Category
Minerals Sub Category
Business Owner Business Listed By

Overview

A gold mining company in Zimbabwe is seeking funds for its project covering 250 acres (every two year licence fees renewal system(99 years)), located approximately 4 km northwest of Kadoma town. The three Indian partners initiated work on the project in September 2023, with plans to mine both gold and iron ore. The installation process is estimated to take 9-12 months, utilizing a combination of open-cast and underground mining methods over 300 working days per year. The primary buyer for the extracted gold will be the Government of Zimbabwe. To aid exploration, magnetic data has been transformed into a regular grid using a modified Akima spline technique. The company aims to establish a successful mining operation in the region.

Leased Mining Minerals

Business Details

2023 Year of Establishment
N.A No. of Employees
Closed Current Status of Business
NoBusiness Relocatable
Financial Purpose of Joint Venture
Active Role of New Partner
LeasedProperty Type
N.A Rental per Month

Proposed Deal Structure

N.A

Competition / Market

Yes we have some competition

Products & Services

This project covering 250 acres, located approximately 4 km northwest of Kadoma town. The three Indian partners initiated work on the project in September 2023, with plans to mine both gold and iron ore.

Growth Potential

Growth rate is high

Financial Details

EBITDA :- N.A PAT :- N.A Debt :- N.A

How the Acquisition Process Works

  1. 01Contact SellerContact Seller
  2. 02Teaser/Information MemorandumTeaser/Information Memorandum
  3. 03Valuation ReportValuation Report
  4. 04FinancialsFinancials
  5. 05Schedule an Advisory MeetingBook Your Consultation

Keywords

Mining business opportunity for sale in Bulawayo, Mining business for sale in Bulawayo, Acquire Mining business for sale in Bulawayo, Buy Mining business in Bulawayo, Purchase Mining business for sale in Bulawayo

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