Precious Metals Business Investment Opportunity in Dar es Salaam, Tanzania
Chance to acquire 50% stake in yet to be registered precious metal mining business.
Premium Plan
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Precious Metals |
| Locations | Dar es Salaam |
| Local Time | 8:47 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Partial Stake Sale
USD
1.8 million
for
50.0%
stake
(Native Currency: USD 1,750,000)
Reason: We are looking for investors to set up a joint venture that will be involved in the extraction of pr...
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Documents
C Form - Labour Department (Existing Firm)
(303.6 KB)
Business Overview
- Upcoming venture that will mine precious metals in Tanzania.
- The investor will get a 50% stake in an entity that is yet to be registered. No entity has been registered yet and one will be registered in Dar Es Salaam, Tanzania/ Dubai or India.
- Promoter has friends who are already in the mining business in Africa, and are running 23 mines and have invested INR 650 crore over time (proof for this will be furnished to investors in Tanzania itself). This entity will be part of the mining companies being set up for exctration of the metals.
- The promoter is an active entrepreneur running another business that is involved in perishable food supply for export and supply with clients like BCCI and Reliance Group.
- Promoter does not have prior experience in the mining or precious metal mining industry.
- Promoter has never visited Tanzania in a personal or professional capacity, however, a trip will certainly be made with the investor once they are on board.
- This venture presents an amazing opportunity due to the high returns expected in it.
- The investor will get a 50% stake in an entity that is yet to be registered. No entity has been registered yet and one will be registered in Dar Es Salaam, Tanzania/ Dubai or India.
- Promoter has friends who are already in the mining business in Africa, and are running 23 mines and have invested INR 650 crore over time (proof for this will be furnished to investors in Tanzania itself). This entity will be part of the mining companies being set up for exctration of the metals.
- The promoter is an active entrepreneur running another business that is involved in perishable food supply for export and supply with clients like BCCI and Reliance Group.
- Promoter does not have prior experience in the mining or precious metal mining industry.
- Promoter has never visited Tanzania in a personal or professional capacity, however, a trip will certainly be made with the investor once they are on board.
- This venture presents an amazing opportunity due to the high returns expected in it.
Products & Services Overview
We will mine gold, silver and the byproducts of gold mining like platinum, palladium, and other platinum group metals (like rhodium, ruthenium, iridium, and osmium).As per the laws in Tanzania, all the metal will have to be sold the National Government of Tanzania, and then we have the option to request the government to further courier the products to any part of the world.
Assets Overview
No tangible or intangible assets owned yet.
Facilities Overview
No facility as of now. This entity will be registered in Dar Es Salaam and a rented office will be setup there as well. The mining sites are in the country of Tanzania and the partnering company owns 23 mines from which extraction has to be done.The promoter is based in Bangalore, India and is available for a call on their Indian number.
Capitalization Overview
- There is no registered entity yet and no funding has been done till now.- The funds from the investor will be used to kickstart this venture and register it as a new entity.
Recent Activity
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Earlier than 15 daysManaging Director, Dubai, Financial Consultant connected with the Business
Tags:
Precious Metals Business Investment Opportunity in Dar es Salaam, Tanzania
·Invest in Precious Metals Business in Dar es Salaam, Tanzania
·Investment Opportunity in Dar es Salaam, Tanzania
·Precious Metals Business Investment Opportunity
·Invest in Precious Metals Business
·Invest in Dar es Salaam, Tanzania
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