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| Mining Opportunities In South Africa
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Mining projects on hand where funding and/or equity partners are sought Option 1 Diamond mine with life span of 25 years, on 60 hectares of alluvial mining. My client, a black economic empowerment(bee)group, holds 60% equity with the actual mining permit holders. An amount of r15 million/USD 2 million is required to finance aggressive mining which will see a monthly profit of r6 million/usd800,000. Option 2 Diamond mine with 40 year life span, opencast situated on 3,200 hectares. An investment of r35 million/usd4.7 million will see monthly profits of r25 million/usd3,333,334. My client, a black economic empowerment(bee)group, holds 60% equity with the actual mining permit holders. Other options include the following types of mines: Diamonds, gold, granite, marble, platinum, tantalite[Mafaster Trust]
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