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




Business Summary

Mining company with the license on prospecting and extraction of diamonds and other minerals with the full list of all allowing documents and licenses.

Projected Revenue of $2,000,000 and $3,000,000.

The complete set of machines and the equipment, necessary for mining operations. All machines (excavator, 2 bulldozers) are officially cleared by the customs, all taxes and fees are paid, the machines have been registered in the police, the registration numbers are obtained. All machines were produced in years 2006-2007, all are in good condition, operating time - 3-4 thousand motohours, checkup was completed.

The staff list is completed by local managers, their main work is hiring of workers, settling disputes with the local authorities and the land owners.

The company has paid all taxes and fees for the period until 31.12.2012.
- Diamond value from 0,01 to 0,45 ct/3.
- Average weight of diamond - 1,06 ct.
- Diamonds of GEM QUALITY - 90%.
- The market price of the diamonds of licensed area is valued as $500 - $550 per cts.

For today the level of scrutiny of the licensed area allows an assessment of expected resources by category P1 and P2. As result, expected resources (P1 + P2) are 2,686,945 carats or $1,343,472,521.


Financials

Asking Price Range:  $10.0M - $20.0M
Gross Revenues:   $2,500,000
Cash Flow:   Seller Will Provide
Cash Flow Type:  EBITDA
Inventory:  $500,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  2008
Number of Employees:  100 - 200
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Sale

About The Sale

Reason For Selling:  Investor moving on to other projects




Print Listing Id: 700184834
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