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Diamond Mining Company Seeking Loan in Dubai, United Arab Emirates

Mining company dealing with white and colored diamonds in an area of 300 acres concession.
This transaction has concluded.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 800 - 900 thousand
Run Rate Sales USD 1.1 million
EBITDA Margin 30 %
Industries Diamond Mining
Locations  Dubai
Local Time 5:18 AM Europe / Oslo
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 75 thousand for 25.0% annual interest, 2 years (Native Currency: USD 75,000)
Reason: Expanding the business.
Collateral Available: USD 500 thousand
Includes physical assets worth USD 500 thousand
Documents
Mining PPT
Business Overview

- A diamond mining company based out of Dubai.

- We have raised USD 200K from close friends. We need only USD 75,000 additional capital.

- The mining area is located on the Mano River in Sierra Leone which is 300 acres & owned by the business.

- Our team members in total have more than 40 years of experience in the industry.

- Our gemologist has extracted diamonds worth in excess of $200 million over 17 years in this area.

- Employ 6 locals in addition to our gemologist.

- We have 8 - 10 clients from different regions for different products.

- Mostly we sell rough diamonds, exceptional stones we polish and sell to high-end collectors.

Products & Services Overview

Rough and polished diamonds.

Facilities Overview

Office in Dubai & mining area of 300 acres which is owned by the business.

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.

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