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Gold Mining Company for Sale in Oruro, Bolivia

Gold mine company searching for potential buyers.
This Business is on a Premium Plan
Established 30-40 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 46 million
Run Rate Sales Nil
EBITDA Margin 40 - 50 %
Industries Gold Mining
Locations  Oruro
Local Time 12:15 AM America / La Paz
Listed By Advisor / Business Broker
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 10 million (Native Currency: BOB 70,000,000)
Reason: The owner wants to retire from the mining business after 30 years of exploitation. We are an advisor... View More
Includes physical assets worth USD 10 million
Interested to connect with advisors
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Business Overview

- The company has been one of the big mining projects executed in Bolivia and without a doubt formed the most important gold exporting company in South America.

- The international mining companies "Battle Mountain Gold Company" and "Newmont" participated as its majority shareholders until July 2009.

- Since 2009, the company has been owned 100% by Bolivian shareholders.

- In 30 years of mining operation, the company exported more than 4 million ounces of gold and more than 12 million ounces of silver.

- Registered concession and mining rights up to 2050.

- At this time, the mine is not operational and is in the process of environmental closure due to its last executed project.

Products & Services Overview

The company has the following mining rights:

- Over investments and work in the prospection, exploration, exploitation, concentration, industrialization and marketing of minerals and metals.

- Over waste, tailing, debris, slag, and others that are part of the mining area, and management control and disposal following environmental regulations.

- The business has free ownership and encumbrance on investment, production, movable property, a real estate building, equipment, and machinery installed inside and outside the perimeter that is the result of their investments and work.

Assets Overview

- Movable property.

- Real estate building, equipment.

- Machinery installed inside and outside.

Facilities Overview

The mining land acquired by the company equals more than 6,000 hectares.

Capitalization Overview
Not Disclosed
Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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