|
Mines For Sale
Location South Africa
Asking Price Range > $35.0M
Gross Revenues $100
Net Profit / Cash Flow $100
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2005
Number of Employees > 200
Inventory 100
Relocatable No
Number of Employees > 200
Real Estate Owned
Description There is a Gold mine in Limpopo with 2 prospecting rights and around a million tons reserve. There is also a 600,000 tons of dump with a mining permit and can be worked on immediately.
Re: Summary coal mine on offer in Ermelo.
A Summary of the assets of the Ermelo coal mine on offer must be seen as an indication of what the coal quantities might be and the assets:
Total Coal reserve in SITU - 115 Million tons minimum
The figures above are minimum conservative estimates at this time and must be seen as an indication and will be verified against the SAMREC reports and mining rights which are available. More boreholes can still be drilled on the rest of the farm to determine more coal.
For the 60% ownership, the asking price is $55 mil, negotiable.
Re: Contents of coal mines included in ths offer to purchase.
A Summary of the assets of the four mines involved was supplied by the executor of the estates and must be seen as an indication of what the coal quantities might be as follows:
"A" Grade Coal - 50 Million tons minimum
"B" Grade Coal - 50 Million tons minimum
Anthracite - 20 Million tons minimum
Rail siding at the mine.
The figures above are minimum conservative estimates at this time and must be seen as an indication and will be verified against the AMREC reports and mining rights.
A detailed list of all the assets belonging to the mines and all relevant information can be obtained if the offer of purchase is accepted.
N.B. gross revenue , cash flow, inventory and equipment figures inserted below are fictious, the actual figures will be given on request.
Click Here To Contact Seller
|
|
