Hard Mineral Mining Company Seeking Loan in Zvishavane, Zimbabwe
Company setting up exploration and mining of earth minerals seeks loan to start operations.
Premium Plan
| Established | 10-20 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 20 thousand |
| Run Rate Sales | USD 60 thousand |
| EBITDA Margin | 25 % |
| Industries | Hard Mineral Mining |
| Locations | Zvishavane |
| Local Time | 7:37 AM Africa / Harare |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
100 thousand
for
12.0%
annual interest,
5
years
(Native Currency: USD 100,000)
Reason: - To finalize exploration area and start production.
- We are seeking a loan from private investors...
View More
Collateral Available: USD 250 thousand
Includes physical assets worth
USD
300 thousand
Interested to connect with advisors
Documents
Certificate of Incorporation
(287.8 KB)
Business Overview
- We are a business registered for the exploration and mining of base metals, rare earth minerals as well as precious minerals.
- Initially we traded agricultural goods and we are completely diversifying into mining business.
- We will be targeting industrial clients and steel factories by providing raw materials to them.
- Government has allotted us the right to explore.
- Company is in the process of registering claims and conducting exploration and geological studies.
- Mining operations have not started yet but we have created good relationships with the geologists, surveyors as well as government mining officials.
- The promoter has more than 15 years of experience in this field and solely owns the business. We are a debt free company.
- We have physical assets/property to mortgage and we want to a small loan to begin the mining business.
- Initially we traded agricultural goods and we are completely diversifying into mining business.
- We will be targeting industrial clients and steel factories by providing raw materials to them.
- Government has allotted us the right to explore.
- Company is in the process of registering claims and conducting exploration and geological studies.
- Mining operations have not started yet but we have created good relationships with the geologists, surveyors as well as government mining officials.
- The promoter has more than 15 years of experience in this field and solely owns the business. We are a debt free company.
- We have physical assets/property to mortgage and we want to a small loan to begin the mining business.
Products & Services Overview
Mining of tantalum, gold, rare earth minerals, chromium and manganese.
Assets Overview
Tangible assets are land, building, office furniture and office equipment. Intangible assets are geological reports, assay reports and promoter's expertise.
Facilities Overview
Owned property with a built-up area of 2,000 square meters with 5 offices.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysPresident, Logistics, Long Beach, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysManaging Partner, Manufacturing, Mumbai, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysCorporate Finance Analyst, Mining, Harare, 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.
Contact Business
4 Investors already contacted this Business.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 124,500+ other businesses of all sizes.
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.
You might also be interested in these businesses