8.7 / 10
Ghana

Operational mining business with rich alluvial gold deposit land across Ghana.

Key Business Facts
Yearly Sales USD 8.7 million
EBIDTA Margin 40 %
Industries Gold Mining
Locations Ghana
Business Overview
Our company has the license to conduct both alluvial mining and rock mining in Ghana. We are operating a large-scale mining operation focused on alluvial mining. Our clients are both local and international. Gold is considered an item 'sold even before produced'. The country's gold-selling policies are favorable to the producers. Ghana is the 11th largest gold mining country in the world with a great opportunity as the government is opening up more virgin lands to mine.
We have been producing 22-karat gold since last year. The current site with the current setup is able to produce about 10kg of gold every month. The new sites are showing a promising 1,800 kgs from each site (conservative estimate).
We are an eco-friendly mining company, while all other mining companies primarily use gold cyanidation for gold recovery, we use concentrators and environment-friendly detergents. This ensures the water that we discharge back to nature is safe.
The promoters include the CEO and COO, who both hails from Italy but are currently based in Ghana as the business requires detailed attention. Both of them have 8 years of gold trading and 3 years of gold manufacturing experience. They have been serial entrepreneurs. Founded and managed several companies in different countries in Europe, Monaco, UAE, and Africa.
Products & Services Overview
The only product we are currently mining and selling is gold. We have a license to sell the gold locally and abroad.
Capitalization Overview
- The company has 3 shareholders, Azerbaijani, Bangladeshi and Italian. - Currently, the company does not have any external debt.
Assets Overview
- Gold mining license. - Government approvals. - Washing plant at the site. - 3 excavators. - 4 dump trucks. - 1 payloader. - 1 fuel truck. - 1 staff bus. - Multiple containers set as office and dorms.
Partial Stake Sale
USD 4.3 million for 30.0% stake (Native Currency: USD 4,300,000)
Reason: Investment required for new site acquisition and mining, which will allow us to enhance our market p... View More
Includes physical assets worth USD 3 million
Interested to connect with advisors
In talks with 3 Investors
Contact Business