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Iron Ore Mine For Sale
Location: Bolivia
Industry: Real Estate > Other Real Estate




Business Summary

Mine for sale - iron ore Bolivia.

Property description
located in a privileged mining area with direct access to railway and port.
4,500 hectares of mining claims in the most important province of iron deposits in Bolivia.

Estimated reserves.

Probable reserves.
3.975 billions mt of fe 64.5% +/-

Potential reserve
19,875 billions mt of fe 64.5% +/-

Total
23,850 billions mt of fe 64.5% +/-

For all the instance the mine deposit has been prospected by geophysical consultancy group using high frequency technology, satellite prospection and geophysical modeling.

Iron ore in mantles, hematite (fe2o3) with copper and zinc content and lower content of manganese, tantalum, tin niobium.

At present high interest exists in the region and major companies are making prospection. These companies are interested to develop long terms agreement due to ferrous content of mineral, road and railways access direct to fluvial port - hidrovia paraguay-parana-rio de la plata

Energy source, water & gas available in the zone. The concession has 2 rivers and is located near several towns and main cities.

Purchase options:

i.- payment in cash
upon completing due diligence and legal documents
direct purchase cash price: $14 millions.

Ii.- payment based on exploration results:
exploration period : 5 - 8 months
exploration down payment : $2 millions

Available documents after loi:
- complete geological study
- lab analysis, photos, aerial maps, etc.
- all legal documentation

Contact for more information on this mine for sale.


Financials

Asking Price Range:  $10.0M - $20.0M
Gross Revenues:   $1,000,000
Cash Flow:   $100,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Not Disclosed

About The Business

Year Established:  2007
Number of Employees:  4 - 5
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Reason For Selling:  Mine development.

Photos

View Larger Photo(s) Of Business
Iron Ore Mine For Sale Photo 1




Print Listing Id: 700150531
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