Precious Metals Mining | Africa - MKGNMI

The mining assets owners are blessed with a gold deposits with underground mining reserves destined to be mined, create employment and wealth for all role players including to generate monthly financial liquidity transfer flows designed to enable activation of the mining activity including providing additional liquidity to enable undertaking of other sustainable development programs. The mining assets owners entered into a joint venture, memorandum of agreement with the intent to bring a mining company that may take over the activation and proceed to undertake limited mineral extraction for the benefit of all whilst it would focus on enabling other socioeconomic transformative programs . The mine has underground mining reserves amounting to 1,068,942 ounces, plans to undertake limited gold mining extraction. The company also wants to exercise its rights to undertake further geotechnical investigative work on adjacent land which should also increase value of underground mining reserves including profitability of the mining operations.
USD Year 1 Year 2 Year 3 Year 4 Year 5
Turnover
11,055,853,318
22,111,706,635
33,167,559,953
44,223,413,270
55,279,266,588
EBITDA
7,739,097,322
15,478,194,645
23,217,291,967
30,956,389,289
38,695,486,612
%
70
70
70
70
70
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