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Ref no: 3294

JV in Diamond Mine Offered

Northern Cape | Industrial Manufacturing

Mining in South Africa was once the main driving force behind the history and development of Africas most advanced and richest economy.

While diamond mining has been taking place in South Africa for almost a century and a half, the country’s diamond sector is far from reaching the end of its life.

On offer is 45% shares in this diamond mine based in the Northern Cape of South Africa.

About this opportunity:
* Greenfields mine on a previously operational mining site
* No major infrastructure on site
* Mining rights for alluvial mining in place and up to date.
* Land not included (Leased)
* The total estimated value of the reserves is projected at $586 million
* EIA was conducted and approved by DMR
* GEO report was compiled in accordance with the SAMREC Code

The asking price excludes VAT.

Please enquire for more details.

Asking Price

R 25,500,000

Annual Turnover

Undisclosed

Monthly Profit

Undisclosed