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Gold Mining Company Investment Opportunity in Ghana

Operational mining business with rich alluvial gold deposit land across Ghana.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 100 - 500
Legal Entity Private Limited Company
Reported Sales USD 8.4 million
Run Rate Sales USD 8.7 million
EBITDA Margin 40 %
Industries Gold Mining
Locations Ghana
Local Time 8:18 AM Asia / Dhaka
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 4.3 million for 30.0% stake (Native Currency: USD 4,300,000)
Reason: Investment required for new site acquisition and mining, which will allow us to enhance our market p... View More
Includes physical assets worth USD 3 million
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Business Overview

Our company has the license to conduct both alluvial mining and rock mining in Ghana. We are operating a large-scale mining operation focused on alluvial mining. Our clients are both local and international. Gold is considered an item 'sold even before produced'. The country's gold-selling policies are favorable to the producers. Ghana is the 11th largest gold mining country in the world with a great opportunity as the government is opening up more virgin lands to mine.

We have been producing 22-karat gold since last year. The current site with the current setup is able to produce about 10kg of gold every month. The new sites are showing a promising 1,800 kgs from each site (conservative estimate).

We are an eco-friendly mining company, while all other mining companies primarily use gold cyanidation for gold recovery, we use concentrators and environment-friendly detergents. This ensures the water that we discharge back to nature is safe.

The promoters include the CEO and COO, who both hails from Italy but are currently based in Ghana as the business requires detailed attention. Both of them have 8 years of gold trading and 3 years of gold manufacturing experience. They have been serial entrepreneurs. Founded and managed several companies in different countries in Europe, Monaco, UAE, and Africa.

Products & Services Overview

The only product we are currently mining and selling is gold. We have a license to sell the gold locally and abroad.

Assets Overview

- Gold mining license.

- Government approvals.

- Washing plant at the site.

- 3 excavators.

- 4 dump trucks.

- 1 payloader.

- 1 fuel truck.

- 1 staff bus.

- Multiple containers set as office and dorms.

Facilities Overview

The current production site is about 11 sq km. The washing site and the rest of the operational site is the only area with permanent structures. The mining site is leased as per the Mineral Commission's policies. The site is located in the central region of Ghana.

The two sites are 34 and 32 sq-km respectively. We have plan to build washing facilities equipped to wash 300 tons of gravel per hour.

Capitalization Overview

- The company has 3 shareholders, Azerbaijani, Bangladeshi and Italian.

- Currently, the company does not have any external debt.

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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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