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Gold Mining Business Investment Opportunity in Conakry, Guinea

Gold mining company with two concessions of 114 square kilometres is looking for an investor.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 50 - 100
Legal Entity General Partnership
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Gold Mining
Locations  Conakry
Local Time 12:16 PM Europe / Istanbul
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Investment
USD 3 million for 10.0% stake (Native Currency: USD 3,000,000)
Reason: We require funds for expansion into the second concession.
Includes physical assets worth USD 4.5 million
Interested to connect with advisors
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Business Name
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Business Overview

- Company involved in the mining, processing, and sale of gold.

- For the last 5 years company was in the recon and research stage.

- The company has 2 concessions and is gathering funds to expand and begin mining in 2 concessions simultaneously. We received the concessions 8 months ago.

- The machines are being assembled and a wash plant has already been installed.

- Current confirmed reserves in the C2 category are 1,650 kg. The extraction potential over 10 years is 16,000 kg.

- Majority of the project is already financed and mining operation begins in the first quarter of next year regardless of future financing.

- We have an operational license for the first concession of 13 sq. km and are in the process of getting an operational license for the second concession of 101 sq. km.

- Our geochemical analysis has shown that there are reserves of over 16 tons in both concessions.

- Projected monthly revenue of USD 18 million with just the first concession.

- Expected ROI for the investor is 50%+ annually.

- Documents/proof/photos will be provided upon communication.

- The user is based out of Turkey at the moment.

Products & Services Overview

Gold mining, processing, and selling. The company will use the gravity processing technique.

Assets Overview

Processing factory, 2 dump trucks, 3 excavators, fuel tanker, shaker table, 4 passenger vehicles, furnace, gold laboratory, fully constructed base including housing, offices, gold labs, garages, workshops, kitchen and cafeteria, security office, and 2 licenses.

Facilities Overview

Our headquarters are located in a leased office in Conakry. The two concessions are located in Guinea.

Brand new 150 ton per hour wash plant already on location. The entire plant is currently being assembled and mining begins 1st quarter of next year (all licenses and permits for mining already obtained).

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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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