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Mining Company For Sale
Location: Sierra Leone
Industry: Manufacturing > Other Manufacturing

Business Summary

-The registered company DTA DIAMONDS (SL) Ltd with the license on extraction of diamonds and other minerals with the full list of all allowing documents and licenses.

-The operating bank account in Standard Chartered Bank, Freetown
-The complete set of machines and the equipment, necessary for mining operations, in accordance to the list attached (1 excavator, 2 bulldozers, 3 cars, 3 jigging machines, pumps etc.).

-A well-tested scheme of sale of diamonds Freetown-Antwerp.

-Licenses for investigation, extraction of diamonds, the area of 247,6 sq.m.

All the heavy machinery is officially customed, all the payments, taxes, charges, duties are paid, the machinery was registered in police. All the machinery dated by 2006-2007 is in perfect condition, its exploratory work is 3000-4000 machine hours, servicing was held.

All the taxes are paid till 31.12.2013 inclusive.

According to the license the company examined a part of licensed territory in 2011-2012, more than 50 exploring shafts were gone over.

The main characteristic of a licensed territory is:
-a very high yield of raw materials of gem quality - within 90%
-a high part of the yield of large-sized diamonds
-a high quality of raw material
-founds of colored diamonds of Fancy Color

Average weigh of diamond - 1.06 ct.
The market price of the diamonds mined in June 2011-2012 comes to $500-&550 per cts. (the estimation of GDDO of Sierra Leone).
The yield of diamonds of gem quality is about 90%.
Founds of large-sized diamonds more than 5 - 10 cts. occur frequently.
Diamond value within the licensed territory - from 0,01 to 0,45 ct/3.

Preliminary prediction of diamond resource (according to the categories P1 + P2) on the sample licensed territory is:
2 686 945 cts. and can be estimated in $ 1 343 472 521

The Price: $ 5,000,000


Asking Price Range:  $2.5M - $5.0M
Gross Revenues:   Seller Will Provide
Cash Flow:   Seller Will Provide
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Not Disclosed

About The Business

Year Established:  2008
Number of Employees:  100 - 200
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Owned
Property:  Property For Sale


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Mining Company For Sale Photo 1 Mining Company For Sale Photo 2 Mining Company For Sale Photo 3

Print Listing Id: 700178815
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