Newly Established Gold Mining Company Investment Opportunity in Harare, Zimbabwe
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 | 6:07 AM Europe / Berlin |
Listed By | Business Owner / Director |
Status | Active |
- 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.
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.
There are 2 directors, holding 50% shares each.
-
1 week, 3 days agoManaging Partner, Münster, M&A Advisor connected with the Business
-
Earlier than 15 daysChief Technical Officer, Real Estate Development, London, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysManaging Director, Mining And Metals, Mount Crosby, Corporate Investor / Buyer connected with the Business