|Date||Date of Registration : Aug 06, 2012
Date of Revision : Aug 06, 2012
|Country / Area||Bahia, Brazil|
|Proposal Category||1901 Stone, cement, paving stones, concrete products|
|Target Country / Area||All Countries / Areas|
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Looking for investor: Granite Mining in Brazil
<< DESCRIPTION >>
The project is conceived to develop mining, processing and trading of granite to be extracted in own mines in Brazil. Products will be blocks and polished slabs to be processed into finished products to be used in building projects.
The four (4) Mineral Properties, are located in the State of Bahia, Brazil. The Properties are mineralised with Gneiss (commercially known as Granite), recommended for ornamental uses such as flooring, paving, funerary and other building applications. The stones' aesthetics reinforce their concomitant technological properties determining a wide utilisation.
Prospecting and research works started in 1994 and, the mines are classified as Production and Development Properties, which economic viability has been demonstrated, in other words they are shovel ready.
Total proved reserves: 2.4 million cubic metres; and total probable reserves: 11.8 million cubic metres.
- How to use the invested money:
The investment proposal consists of the purchase of granite mining and processing machinery and equipments, civil works and allocation of working capital in four own (4) granite mines and one (1) processing plant, with the possibility to be applied to other mineral assets to be leased and/or acquired, considering also an expansion of mineral portfolio, including other commodities.
- Our role for this project:
As miners and owners of the Mineral Properties our role is to develop the project, carry out mining operations such as drilling and cutting the outcrop, squaring portions of stone into blocks, transport such blocks to the processing plant for sawing into slabs, moving the slabs to the polishing unity and waxing machine. Ship the prepared slabs in containers to the harbour for export and to domestic buyers.
Investor may purchase shares either from the current private company or as a public company to be incorporated. In either case, shares to be floated on GXG Markets or a German Exchange.
Investment scale at US$ 25 M, 24% IRR, NPV US$ 30 M.
|Investment Amount||US$ 25,000,000|
BrazilAug 02, 2012 RegistrationAug 02, 2012 Revision
Total Sum of CONTACT Received : 3