Newly Established Gold Mining Company for Sale in Ulaanbaatar, Mongolia
Non-operational gold mine with 214.70 hectares of total area for sale.
Premium Plan
| Established | 0-1 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Limited Liability Company (LLC) |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Gold Mining |
| Locations | Ulaanbaatar |
| Local Time | 2:05 PM Asia / Ulaanbaatar |
| Listed By | Advisor / Business Broker |
| Status | Active |
Full Sale
Asking Price:
USD
30 million
(Native Currency: USD 30,000,000)
Reason: The owner wants to sell this business due to an urgent need for funds to invest in a bigger mining c...
View More
Includes physical assets worth
USD
30 million
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business License
(7.1 MB)
Calculation of Reserves
(4.6 MB)
Business Overview
- The business is a non-operational gold mine located in eastern Mongolia,
- Prime opportunity for gold export due to its proximity to the China border, offering a potential advantageous market opportunity for expansion and profitability.
- The total area of the mine is 214.70 hectares, of which only 12 hectares have been researched, revealing an estimated 4,000 kg of gold.
- This is equivalent to 143,000 ounces, which can be sold at the current gold rate for an estimated value of USD 257 million, presenting a significant potential for a lucrative investment.
- The buyer will be responsible for financing the extraction of gold and importing the necessary machinery for the mining operations.
- Assistance of the advisor and the owner will be provided in the licensing formalities and documentation for the mine from previous research done by Russian researchers.
- Business license for the mine has been paid for the first year and is valid until next year, with the option for the buyer to extend the license for the next 30 years.
- The license fee is USD 15 per hectare per month.
- Owner of the mine boasts over 20 years of experience in the gold mining industry, providing valuable expertise and insight into the business's operations and potential for growth and development.
- Prime opportunity for gold export due to its proximity to the China border, offering a potential advantageous market opportunity for expansion and profitability.
- The total area of the mine is 214.70 hectares, of which only 12 hectares have been researched, revealing an estimated 4,000 kg of gold.
- This is equivalent to 143,000 ounces, which can be sold at the current gold rate for an estimated value of USD 257 million, presenting a significant potential for a lucrative investment.
- The buyer will be responsible for financing the extraction of gold and importing the necessary machinery for the mining operations.
- Assistance of the advisor and the owner will be provided in the licensing formalities and documentation for the mine from previous research done by Russian researchers.
- Business license for the mine has been paid for the first year and is valid until next year, with the option for the buyer to extend the license for the next 30 years.
- The license fee is USD 15 per hectare per month.
- Owner of the mine boasts over 20 years of experience in the gold mining industry, providing valuable expertise and insight into the business's operations and potential for growth and development.
Products & Services Overview
- The top-selling product will be the high-quality gold extracted from the mine.- Since the business is non-operational, it is up to the buyer to decide potential customers.
- Potential clients can be gold refineries and jewelry manufacturers for crafting fine jewelry and investment-grade gold products.
Assets Overview
The assets for sale are the land and gold mine including gold reserves.
Facilities Overview
The owned mine area covers 214.70 hectares with only 12 hectares already researched.
Capitalization Overview
The business is owned by a sole owner who is looking to sell the business to future buyers, 20% upfront payment is negotiable as well.
Recent Activity
-
Earlier than 15 daysCEO, M&A Advisory And Private Equity Firm, San Antonio, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysPrincipal, Willemstad, Financial Consultant connected with the Business
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Earlier than 15 daysCEO, Chennai, Financial Consultant connected with the Business
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