The Company Is Mining Gold Extraction
Location Russia
Asking Price Range $500K - $1.0M
Gross Revenues $4000000
Net Profit / Cash Flow $2000000
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 1993
Number of Employees 20 - 34
Inventory 50000
Relocatable No
Number of Employees 20 - 34
Real Estate Owned
Training It is not required.
Reason for Sale Not the profile assets of our business.
Description Gold placers LLC Chinakan in accordance with a license, according to the protocols of the State Committee on Reserves of 2009.
An opportunity to get active placer gold deposits with industrial and infrastructural base, human resources, balance reserves of the State Committee for reservation in the amount of 2.2 tonnes (category C1) and the potential for exploration of gold ore.
Section 1
Location: Buryatia (Sivakon)
Type of Gold: open placer
Reserves:
- Balance Sheet C1 - 10 kg
- Content of 0.7 g/m3
Infrastructure: there are roads, there are buildings and appliances.
Production volume: a few pounds per month
Production volume required by the license: 40 kg per year from 2011
Personnel: 6-7 people, including a geologist and technical director.
Section 2
Location: Buryatia (Sivakon)
Type of Gold: underground placer
The depth - 33 m
Reserves:
- Balance C1 - 288 kg
- Content of 4.2 g/m3
- Off-balance sheet C1 - 190kg.
Infrastructure: there are roads, there are canned mine
Production volume: No
Production volume required by the license: 50 kg per year from 2011
Staff: 2 persons.
Required additional capital investment
Section 3
Location: Buryatia (Upper Magoy)
Type of Gold: underground placer (placer incident that suggests the possibility of gold ore)
The depth - 33 m
Reserves:
- Balance C1 - 737 kg
- Off-balance sheet C1 - 160kg
- Content of 5.2 g/m3
- Man-made dumps - 400 thousand tons, the content of 0.35 g/m3, ie
Infrastructure: 17 km from the nearest town, drive can be both winter and summer.
The volume of production: from 1,964 tons were produced in 2000.
Production volume required by the license: 50 kg per year from 2011
Staff: 2 people.
Required additional capital investment
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