Iron Ore Mine For Sale - Outstanding
Location Peru
Asking Price Range $20.0M - $35.0M
Gross Revenues $0
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2000
Number of Employees 35 - 49
Relocatable No
Number of Employees 35 - 49
Real Estate Owned
Reason for Sale Mine investment.
Description MINE for SALE - Iron Ore
SOUTH PERU PROPERTY DESCRIPTION
Located in a privileged Mining area with Direct access to Railway and Port.
6,,500 +/- Hectares of mining claims in the most important province with Iron deposits in Peru.
Estimated reserves based on Aeromagnetometry
MINIMUM ESTIMATE
2,900,000,KTM of 53% Fe;
MAXIMUM ESTIMATE
4,400,000 KTM of 52% Fe
There are several companies working in the neighboring sites. These companies are developing the roads, water projects, energy sources and Port for mining and transportation of the Iron Ore.
Purchase Options:
I.- PAYMENT IN CASH
Upon Completing Due Dilligence and Legal Documents
Direct Purchase Cash Price: US$ 22 Millions.
II.- PAYMENT BASED ON EXPLORATION RESULTS:
Exploration Period : 5 - 8 Months
Exploration Down Payment : US$ 2.4 Millions
Economic Feasibility:
I.- MINERAL TRANSPORTATION COSTS
Mineral Exploitation: US$ 4.0 Pmt
Mine Site to Railway US$ 7.0 Pmt
Railway to Port US$ 9.2 Pmt - Average
PROCEDURES
- Letter of Intent containing:
Identification of Buyer group with commercial, banking references and evidence of financial qualification, POF (PROOF OF FUNDS).
This representation is made with full corporate authority and responsibility of the above.
Best Regards,
Luis O. Benavente
Director Overseas Operations
INTERNATIONAL TRADING CONSULTANTS
Email or call 56 2 4585183
Click Here To Contact Seller
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