Gold Mining Company Investment Opportunity in Liwale, Tanzania
The mining company seeks investment of INR 4,000 crore against equity for gold extraction.
This transaction has concluded.
Premium Plan
| Established | 10-20 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Gold Mining |
| Locations | Liwale |
| Local Time | 3:23 PM Asia / Kolkata |
| Listed By | Advisor / Business Broker |
| Status | Active |
Partial Stake Sale
USD
460 million
for
50.0%
stake
(Native Currency: INR 40,000,000,000)
Reason: Seeking investment to procure equipment and start the extraction.
Interested to connect with advisors
Documents
ROC-Verification.pdf
(73.5 KB)
Business Overview
An Indian exporter-backed company that has been in operation for over 7 years seeks investment for gold extraction in Africa, but has yet to begin operations due to financial issues. The company office overheads, travel, geology report & related expenses of Liwale, Kigoma and Singida are over USD 2.5 million and included in exploration outlining of an area with substantial copper, lead, manganese and gold mineralization. In Handeni the company spent over USD 3 million for procuring prospecting mining license, desktop study, geology report, geo-chemicals, trenching and exploration. The company has experienced staff and capabilities to be successful. The refining capacity is up to 5,000 kilograms per month. The company has a lot of buyers ready and they are eagerly waiting for production, very minimum marketing is required for gold commodity. Company has 7 mining areas in Tanzania and 4 mines of copper and manganese is under process. Significant placer deposits in Canada, United States, South Africa, Australia and Brazil, have been the pre-cursor to developing the significant mining industries in those countries. As an initial part of this project, it is less capital intensive, with relatively low-cost operations. The company will complete mine planning, development and initiate production within the next 4 years.
The company is seeking minimum investment of USD 530 million & no cap on upper limit (for equity). The valuation of the company as per the pre-lim assessment (geology report) suggest it to be worth USD 7.5 billion.
Company is strictly against any advance payment for due-diligence, documentation charges etc.
The company is seeking minimum investment of USD 530 million & no cap on upper limit (for equity). The valuation of the company as per the pre-lim assessment (geology report) suggest it to be worth USD 7.5 billion.
Company is strictly against any advance payment for due-diligence, documentation charges etc.
Products & Services Overview
The company is involved in extraction of gold, copper, lead and manganese.
Assets Overview
Planning to buy all equipment with the investment secured.
Facilities Overview
The company owns 7 mining areas in Tanzania.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysFounding Partner, Jakarta, Financial Consultant connected with the Business
-
Earlier than 15 daysInvestor Relations Specialist, Québec City, Financial Consultant connected with the Business
-
Earlier than 15 daysCEO, Food Product Trader, Brisbane City, Corporate Investor / Buyer connected with the Business
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
