Newly Established Gold Mining Business Seeking Loan in Eastern Region, Ghana

Business with a rich alluvial gold deposit land in Ghana seeks funds to start mining.
This Business is on a Premium Plan
Established 0-1 year(s)
Employees 10 - 50
Legal Entity General Partnership
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Gold Mining
Locations  Eastern Region
Local Time 3:57 PM Ghana
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 7 million for 20.0% annual interest, 3 years (Native Currency: USD 7,000,000)
Reason: We need funds to buy equipment and start mining operations.
Collateral Available: USD 127 million
Includes physical assets worth USD 127 million
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview

- Business has its own 6.2 sq km land with rich alluvial gold deposit.

- Great feasibility study report with a gold deposit of worth USD 127 million.

- Have all required government licences and documents.

- Current license is valid for 2 years and we will extend the validity to 10 years going forward.

- Property has roads for easy access.

- Partnered with ATK Mining Company for mining that has extensive field experience.

- The land and required licences are ready to start the mining process. Once we receive funds we can start the mining immediately.

- There is an in-house gold processing facility for melting.

- Processed gold will be sold to wholesale buyers.

Products & Services Overview

Gold mining, gold bars production, sales and transportation.

Assets Overview

6.2 sq km land, gold mining licence, rented office in Accra and government approvals.

Facilities Overview

Owned 6.2 sq km of land with roads, two villages, river and creeks.

Recent Activity
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
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

    Frequently
    Asked
    Questions

    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more