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Silver Mining Company for Sale in Trujillo, Peru

Non-operational polymetallic mining company having concession rights to mine gold, silver and copper.
This transaction has concluded.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees < 2
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Silver Mining + 1 more
Locations  Trujillo
Local Time 1:21 PM Europe / Paris
Listed By Advisor / Business Broker
Status Active
Overall Rating
Full Sale
Asking Price: USD 20 million (Native Currency: USD 20,000,000)
Reason: Looking to sell the company due to lack of capital to restart and run the operations. The company is... View More
Includes physical assets worth USD 8.8 million
Interested to connect with advisors
Documents
Business Overview
Company was registered in 2010 in Peru. However, due to lack of capital and natural disaster, it stopped its operations in 2019. It is currently a non-operational entity. The last reported revenue of the company was USD 4.38 million in 2018. A full presentation can be made available after signing a NDA.
While operational, the company used to mine gold, silver and copper and used to sell it to 3 large companies in Peru. Company has the concession to mine on a 1,500 hectare land. The concession rights given by the government is valid for 10 years and can be renewed post expiry.
The mine has 1.29 million MT of mineral deposits. It is a typical hydrothermal deposit where mineralization occurs in various veins from oxides to sulphide. A feasibility study has been done by the current owner in compliance with N43-101 standards.
Business owned assets as a part of sale include processing plant, laboratory, storage facility, equipment for production, mining & dumping trucks, administrative offices, campsite and concession rights.
Products & Services Overview
- Mining of gold, silver and copper on a 1,500 hectare land.
- Total in-situ proven and probable reserves resulted in 1.2 Million MT averaging Au 2.24 gr / MT, Ag 206 gr / MT and about Cu 0.70%
- It represents Au 87,000 oz and Ag 8,000,000 oz.
- It is important to mention that reserve estimates have been made with a referential gold price of USD 1,250, which impacted the cut-off grade.
Facilities Overview
Company owned facility having mineral processing plant, laboratory, storage, admin office and campsite.
Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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.
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