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Gold Mining Company Seeking Loan in Ghana

Gold producer with active operations & extensive alluvial land holdings - offtake at 2% discount.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 100 - 500
Legal Entity Private Limited Company
Reported Sales USD 6 - 7 million
Run Rate Sales USD 6.9 million
EBITDA Margin 20 - 30 %
Industries Gold Mining
Locations Ghana
Local Time 6:18 AM Asia / Dhaka
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 3 million for 20.0% annual interest, 3 years (Native Currency: USD 3,000,000)
Reason: The business loan is to finance the acquisition of a stake in an affiliate mining company and to sup... View More
Collateral Available: USD 3 million
Includes physical assets worth USD 1 million
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Business Overview
The company holds licenses to conduct both alluvial mining and hard rock mining, and currently operates a large-scale mining operation focused on alluvial mining.

The business serves both local and international clients, with gold considered a commodity that is typically sold even before production.

The operating environment offers favorable gold-selling policies for producers, creating strong market demand and liquidity.

The company has been producing 22-karat gold since last year.

The existing mining site and setup have the capacity to produce approximately 6 kg of gold per month, depending on ore grade.

New mining sites currently under evaluation show a promising output potential of approximately 10 kg per washing plant per month (conservative estimate).

The company follows an eco-friendly mining approach. Unlike conventional mining operations that rely on gold cyanidation, the business uses concentrators and environmentally friendly detergents.

This environmentally responsible process ensures that discharged water is safe and compliant with environmental standards.

The business is primarily operated by the CEO and COO, both of whom bring strong hands-on leadership and operational oversight.

The CEO and COO each have 9 years of experience in gold trading and 4 years of experience in gold manufacturing.

Both promoters are serial entrepreneurs who have founded and managed multiple businesses across Europe, Monaco, the UAE, and Africa.

The leadership team is currently fully involved in day-to-day operations, reflecting a high level of commitment to operational efficiency and project execution.

As part of its long-term development strategy, the business is pursuing expansion opportunities in response to recent structural changes in the mining sector.

A strategic opportunity has been identified to acquire a stake in an affiliate mining operation with a fully operational 200 TPH industrial processing and production facility.

The project is supported by a contract to operate within a protected Forest Reserve Concession, offering operational stability and long-term asset security.

The Forest Reserve status ensures the concession is free from farming activities and community occupation, which significantly reduces operational disruptions commonly faced in large-scale mining projects.

The concession is located within a primary mining jurisdiction and along the banks of a major gold-bearing river, enhancing its geological potential.

Recent exploration programs conducted by the concession owner have been evaluated and documented in a feasibility report.

The feasibility study confirms the presence of economically viable alluvial gold deposits across valley flats and old terraces.

Estimated reserves are approximately 475,124.97 ounces of gold, contained within an estimated 27,433,396 cubic meters of ore across the total concession area.
Products & Services Overview
The company currently mines and sells only gold. It holds the required licenses to sell gold both domestically and internationally. As per prevailing regulations, the final product is sold to the Gold Board, a government entity, at market prices.
Assets Overview
Tangible assets:
- 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.

Intangible assets:
- Gold mining license.
- Government approvals.
- Certificate of Incorporation.
Facilities Overview
The current production site is about 25 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.
Capitalization Overview
- The company has 3 shareholders, Azerbaijani, Bangladeshi and Italian.
- Currently, the company does not have any external debt.
Recent Activity
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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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