Newly Established Gold Mining Company Investment Opportunity in Harare, Zimbabwe
Emerging gold and chrome mining venture in Zimbabwe, seeking investment for commencing business operations.
Premium Plan
| Established | 0-1 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Private Limited Company |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Gold Mining |
| Locations | Harare |
| Local Time | 5:02 PM Europe / Berlin |
| Listed By | Business Owner / Director |
| Status | Active |
Partial Stake Sale
USD
3.9 million
for
30.0%
stake
(Native Currency: USD 3,850,000)
Reason: The company needs this investment to establish operational infrastructure, acquire essential assets,...
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Business Overview
- Located in Zimbabwe, this emerging gold mining venture is poised to tap into both gold and chrome markets, essential for jewelry and stainless steel production, respectively.
- Currently in the pre-establishment phase, the company is well-positioned for growth, with a strategic focus on local market supply.
- Annual revenue projection: $72.5 million.
- The business has completed essential groundwork by registering officially and identifying three potential mining sites for acquisition in Zimbabwe.
- Initial steps towards operational readiness include sending out billing quotations to manufacturers in China for procurement of essential trucks and mining equipment.
- The promoter's own father is a gold miner and a few other family members also have good years of experience in gold mining, who can provide valuable expertise and operational support to ensure a successful venture.
- The team is composed of the promoter, a recent business studies graduate, and a partner experienced in running a tobacco business, bringing a diverse skill set to the project.
- While currently non-revenue generating, strategic investment can unlock significant growth and profitability in the flourishing gold market.
- The promoter is originally based in Zimbabwe but he is currently in Berlin for professional reasons and will be returning back to Zimbabwe to run the business operations.
- Currently in the pre-establishment phase, the company is well-positioned for growth, with a strategic focus on local market supply.
- Annual revenue projection: $72.5 million.
- The business has completed essential groundwork by registering officially and identifying three potential mining sites for acquisition in Zimbabwe.
- Initial steps towards operational readiness include sending out billing quotations to manufacturers in China for procurement of essential trucks and mining equipment.
- The promoter's own father is a gold miner and a few other family members also have good years of experience in gold mining, who can provide valuable expertise and operational support to ensure a successful venture.
- The team is composed of the promoter, a recent business studies graduate, and a partner experienced in running a tobacco business, bringing a diverse skill set to the project.
- While currently non-revenue generating, strategic investment can unlock significant growth and profitability in the flourishing gold market.
- The promoter is originally based in Zimbabwe but he is currently in Berlin for professional reasons and will be returning back to Zimbabwe to run the business operations.
Products & Services Overview
The Government of Zimbabwe through the Ministry of Mines issued a mining prospecting license to the company.The business specializes in gold and chrome mining, essential raw materials for industries like jewelry production and stainless-steel manufacturing.
The primary products will be raw gold, used by jewelry makers and gold refiners, and chrome, which is crucial for manufacturers of stainless steel.
Target clients include local and potentially international manufacturers, particularly those in Zimbabwe’s market and nearby regions.
Assets Overview
The business owns 10,000 square metres of land with gold, but with investment, we will acquire more assets to support our operations and growth.
Facilities Overview
The business currently has 10,000square metres of land with gold.
Capitalization Overview
The business has no loans or debts.There are 2 directors, holding 50% shares each.
Recent Activity
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Earlier than 15 daysDirector Real Estate / M&A And Investment Advisor, Lisbon, M&A Advisor connected with the Business
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Earlier than 15 daysManaging Partner, Münster, M&A Advisor connected with the Business
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Earlier than 15 daysManaging Director, Mining And Metals, Mount Crosby, Corporate Investor / Buyer connected with the Business
Tags:
Newly Established Gold Mining Company Investment Opportunity in Harare, Zimbabwe
·Invest in Newly Established Gold Mining Company in Harare, Zimbabwe
·Newly Established Gold Mining Company Investment Opportunity
·Invest in Newly Established Gold Mining Company
·Investment Opportunity in Harare, Zimbabwe
·Invest in Harare, Zimbabwe
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