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Businesses For Sale   >>   Bolivia Businesses For Sale

Iron Ore Mine For Sale

Location  Bolivia
Asking Price Range  $10.0M - $20.0M
Gross Revenues  $1000000
Net Profit / Cash Flow  $100000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  2007
Number of Employees  4 - 5
Relocatable  No
Number of Employees  4 - 5
Real Estate  Owned
Reason for Sale  Mine development.

Description  
Mine for sale - iron ore Bolivia. Property description located in a privileged mining area with direct access to railway and port. 4,500 hectares of mining claims in the most important province of iron deposits in Bolivia. Estimated reserves. Probable reserves. 3.975 billions mt of fe 64.5% +/- Potential reserve 19,875 billions mt of fe 64.5% +/- Total 23,850 billions mt of fe 64.5% +/- For all the instance the mine deposit has been prospected by geophysical consultancy group using high frequency technology, satellite prospection and geophysical modeling. Iron ore in mantles, hematite (fe2o3) with copper and zinc content and lower content of manganese, tantalum, tin niobium. At present high interest exists in the region and major companies are making prospection. These companies are interested to develop long terms agreement due to ferrous content of mineral, road and railways access direct to fluvial port - hidrovia paraguay-parana-rio de la plata Energy source, water & gas available in the zone. The concession has 2 rivers and is located near several towns and main cities. Purchase options: i.- payment in cash upon completing due diligence and legal documents direct purchase cash price: $14 millions. Ii.- payment based on exploration results: exploration period : 5 - 8 months exploration down payment : $2 millions Available documents after loi: - complete geological study - lab analysis, photos, aerial maps, etc. - all legal documentation Contact for more information on this mine for sale.


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