Mining Businesses for Sale and Investment

Leading steel production company, through its subsidiary exploration company, is actively engaged in mineral exploration activities in the Lece area, South Serbia. Since 2014, the company has been focusing on discovering new polymetallic and porphyry copper deposits. * Exploration Licenses - Ivan Kula: In early-stage exploration, and license obtained 3 years ago. Stubla: In the third year of exploration, and the license was obtained 4 years ago. Lece-Radan Planina: In the third year of exploration, and license obtained 2 years ago. Majdan Planina: Continuous exploration for 10 years, awaiting license renewal. TRN: In the process of obtaining a license from the Ministry and Mining and Energy (MME) The exploration licenses are part of the Lece-Halkidiki metallogenic zone, characterized by andesitic and volcanoclastic rocks from the Oligocene-Miocene epoch. The area shows potential for various deposit types, including polymetallic, porphyry, epithermal, and VMS deposits. * Geological observations - Hydrothermal Alteration: The presence of strong argillic alteration (bleaching) and silicification at Vrelsko brdo further supports the potential for a porphyry copper deposit. These alteration types are commonly associated with the hydrothermal systems that form porphyry deposits. Limonite-Pyrite Stockwork: The identification of a limonite-pyrite stockwork in outcrops at Vrelsko brdo provides additional evidence. Stockwork veining, characterized by networks of small veins filled with pyrite and other minerals, is a common feature of porphyry copper systems. * Drilling Results - Brajsor Area: Deep diamond drilling conducted across the license, targeting porphyry-style mineralization, yielded encouraging results in the Brajsor area. The presence of native copper and associated metals, along with the geochemical anomalies and alteration patterns observed elsewhere, contributes to the overall picture suggesting potential for a porphyry copper system at Majdan Planina. The company aims to continue its exploration activities, focusing on high-potential areas and obtaining necessary licenses to expand its operations.

Business was engaged in the mining of manganese ore with a lease of land covering 17.5 hectares for 8 more years, which is potentially renewable for an additional 30 years. - Company had a production capacity of over 2,000 tons monthly and a work order permit of 21,000 tons annually, with the potential for expansion as per Environmental Clearance (EC). - With a diverse client base of 25+ trading companies and furnace owners producing ferroalloys for steel industries, the business had a significant market presence. - Per ton sale price was roughly INR 6,500 to INR 10,000 depending on the grade of the ore and the business received advance orders monthly. - Manganese ore offered by the business comes in various grades, including low grade (25-30% Mn), medium grade (30-35% Mn), and high grade (35-45% Mn), catering to different client requirements. - Business has a strong asset base for mining operations, including tippers, excavators, drilling machines, and other machinery available on a contractual basis. - Mining area has established mineral reserves of over 2 lakh tonnes, as per the mining plan. - Current status of mines is non-operational due to mining plan renewal and can be completely operational within 6 months of fund infused. The business first started operations 10 years ago and halted operations 2 years ago. - When we operated we had annual sales of INR 10 crore and our monthly sales were INR 1 crore with a 35% operating profit percentage. - The owners of the business have more than 25 years of experience in the mining industry, bringing valuable expertise to the operation. - Company is registered with a work permit and is in the process of acquiring the environmental clearance.

Business was engaged in the mining of manganese ore with a lease of land covering 17.5 hectares for 8 more years, which is potentially renewable for an additional 30 years. - Company had a production capacity of over 2,000 tons monthly and a work order permit of 21,000 tons annually, with the potential for expansion as per Environmental Clearance (EC). - With a diverse client base of 25+ trading companies and furnace owners producing ferroalloys for steel industries, the business had a significant market presence. - Per ton sale price was roughly INR 6,500 to INR 10,000 depending on the grade of the ore and the business received advance orders monthly. - Manganese ore offered by the business comes in various grades, including low grade (25-30% Mn), medium grade (30-35% Mn), and high grade (35-45% Mn), catering to different client requirements. - Business has a strong asset base for mining operations, including tippers, excavators, drilling machines, and other machinery available on a contractual basis. - Mining area has established mineral reserves of over 2 lakh tonnes, as per the mining plan. - Current status of mines is non-operational due to mining plan renewal and can be completely operational within 6 months of fund infused. The business first started operations 10 years ago and halted operations 2 years ago. - When we operated we had annual sales of INR 10 crore and our monthly sales were INR 1 crore with a 35% operating profit percentage. - The owners of the business have more than 25 years of experience in the mining industry, bringing valuable expertise to the operation. - Company is registered with a work permit and is in the process of acquiring the environmental clearance.

Company produces coal for Coal India Limited, Steel Plant, Power plant and other private. Mining companies on a turnkey basis. - With industrial experiences spanning several decades; the company has continuously strived to offer turnkey solutions to its clients with 100% target achievement. - Our top projects include an INR 75 cr mining project executed over 9 years and recently an INR 10 crore project for SMS Limited. - We are currently participating in tenders for 2 clients. Coal India and SMS Limited. We are in talks and projects are in the pipeline/ ready for our commitment. The estimated worth per tender is INR 250 crore and will be over 9 years. - The company hires its workforce only when we have projects in hand and had a workforce of over 300 during major projects. Currently, the business does not have any active projects and the majority of the workforce has been shed. - The company has licenses for activities of hard coal mining and construction projects and is also eligible for private coal block mining. - One of the directors has been in the industry for more than 40 years.

Company specifically focus on high-grade iron ore deposits in Copiapó, Chile. - The business currently has a significant domestic market share, selling iron ore lumps and concentrate within Chile. - The company has conducted over 6,000 meters of drilling and possesses an estimated 800 million tons of iron ore at a 35% cut-off grade. The iron ore concentrate boasts a high grade of 66% Fe and is processed using advanced dry processing techniques. - Has a mining capacity of 20,000 tons per month and is currently supplying to 1 client based in Chile, which is also the largest iron ore developer in the area. - The business has secured all necessary mining permits in Chile and has established a regular supply frequency, providing monthly deliveries to its client.

The company specializes in processing non-ferrous and ferrous materials to produce high-quality end products of copper, iron, and aluminum. - Our focus is on industrial metals raw materials production, encompassing both ferrous and non-ferrous materials. - Our products serve as essential raw materials for manufacturing, construction, and automobile industries. - We actively engage in the collection and purchase of industrial metal waste, ensuring a steady supply of raw materials. - We have a valid business license and AOA. - Our promoters bring 12 years of industry experience to the company. - We proudly serve a diverse client base of over 5 clients and maintain strong relationships with numerous regional suppliers. - With a processing capacity of 1,000 kgs/day, we are currently operating at 20% capacity, highlighting significant potential for growth.

The company actively produces gold-bearing ore and processes “tailings, ” which are materials left over from previous mining operations and yield additional gold and other minerals. - It uses gravity-flotation and vat leaching methods to extract gold, creating two final products: gold-containing flotation concentrate and cathode gold. - The mine is located about 6 km away from the Pavlodar-Astana-Almaty railroad with the nearest railway point being Boschekul station. - There are significant gold resources in both the dumps and the tailings dam of the deposit. - The measured category resources in the dumps amount to 6,866.6 kg of gold, and in the tailings dam, 2,052.1 kg of gold. - The average gold ore grade in the dumps is reported as 1.73 g/t, and in the tailings dam, it is 1.96 g/t. - The ores also contain silver, with resources amounting to 21,238 kg at 21.84 g/t in the tailings dam. - The total volume of exploitable reserves of all deposits is about 10.2 million tons of Ore and 25.5 tons of gold, 123 thousand tons of copper, and 81.8 tons of silver. - The company possesses a JORC report and has undergone an expert assessment, indicating a solid understanding of its reserves. - The company has an agreement with a national entity for the acquisition of the entire gold production, providing a guaranteed buyer for the mined gold. - Despite the current low production levels of 25 kg gold per year, the business holds untapped potential, as the owner has not been actively involved in managing the mine and it has only generated revenue sufficient for tax filings. - The owner, who has over 40 years of experience, is willing to assist in the post-sale knowledge transfer and help with established connections in the ministry. - The business holds a valid mining license for the next 5 years. - A modernization investment of USD 500k is required for the processing plant.

1. Strong Product Portfolio: The business specializes in the sale of ferrous HMS and nonferrous aluminum scrap, with current outputs of 3,000 tons of HMS and 1,500 tons of aluminum scrap. These materials are primarily utilized in furnaces for smelting and alloy production. 2. Established Client Base: With a client base of over 100 across Southeast Asia, the company achieved a direct shipment volume of INR 36 Cr last year. Notable clients include Maruti, Sonalco, and Jindal, reflecting a solid track record in serving key industry players. 3. Experienced Promoters: The business is led by two promoters, each possessing approximately 12 years of industry experience. Their expertise and knowledge have contributed to the company's growth and market expansion. 4. Reinvestment Strategy: The company has consistently reinvested its profits back into the business, leading to an increase in market reach and overall growth. This strategic approach underscores their commitment to long-term sustainability and expansion. 5. We have all the required licenses to function with. We also hire some contract workers as the need arises.

We are a heavy machinery rental company that has recently entered the raw nickel ore mining business. - Before COVID-19, our equipment rental business thrived with consistent sales, primarily serving nickel ore miners. However, following the pandemic, the landscape shifted dramatically. Payments became irregular, and several of our pieces of equipment suffered damage. So we decided to pivot recently and enter the mining business. - We will sell the mined nickel to nickel processing smelter factories. - Current mining capacity: 2,000 tons per month. - Valid business license and registration certificate. - Operations halted for the past 6 months due to equipment damage.

Coke coal underground mine in Boyacá, Colombia. - Has a current production capacity of 300 tons per month. - The company supplies 10 to 20 tons of coke coal per day to three local retailers, indicating an established local market presence and distribution network. - With a per ton value of $72, the business demonstrates a potentially lucrative revenue stream from its coal products. - The company holds a legal contract with the Colombian government, granting permission for exploration and production. - The business's focus on supplying metallurgical coal, coke coal, and coal highlights its diversification within the coal mining sector. - The promoter is a Geologist from Colombia.

Specialization in silica sand quarry operations in Indonesia. - Primary clientele includes industries involved in light bricks, cement, and mortars. - Serving a total of 9 factories as our main clients. - Maximum production capacity of 10,000 tonnes per month. - Current production capacity is at the maximum of 10,000 tonnes per month. - Possession of essential business licenses, permits for mining, and production of silica sand. - Compliance with regulations set by the pollution control board. - Promoters bring over 10 years of experience to the business. - Current employee count necessary to manage demand.