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 Iron Ore Mine For Sale - Outstanding Business For Sale

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Iron Ore Mine For Sale - Outstanding
Location  Peru
Asking Price Range  $20.0M - $35.0M
Gross Revenues  $0
Net Profit / Cash Flow  $0
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  No
Year Established  2000
Number of Employees  35 - 49
Relocatable  No
Number of Employees  35 - 49
Real Estate  Owned
Reason for Sale  Mine investment.
Description  MINE for SALE - Iron Ore SOUTH PERU PROPERTY DESCRIPTION Located in a privileged Mining area with Direct access to Railway and Port. 6,,500 +/- Hectares of mining claims in the most important province with Iron deposits in Peru. Estimated reserves based on Aeromagnetometry MINIMUM ESTIMATE 2,900,000,KTM of 53% Fe; MAXIMUM ESTIMATE 4,400,000 KTM of 52% Fe There are several companies working in the neighboring sites. These companies are developing the roads, water projects, energy sources and Port for mining and transportation of the Iron Ore. Purchase Options: I.- PAYMENT IN CASH Upon Completing Due Dilligence and Legal Documents Direct Purchase Cash Price: US$ 22 Millions. II.- PAYMENT BASED ON EXPLORATION RESULTS: Exploration Period : 5 - 8 Months Exploration Down Payment : US$ 2.4 Millions Economic Feasibility: I.- MINERAL TRANSPORTATION COSTS Mineral Exploitation: US$ 4.0 Pmt Mine Site to Railway US$ 7.0 Pmt Railway to Port US$ 9.2 Pmt - Average PROCEDURES - Letter of Intent containing: Identification of Buyer group with commercial, banking references and evidence of financial qualification, POF (PROOF OF FUNDS). This representation is made with full corporate authority and responsibility of the above. Best Regards, Luis O. Benavente Director Overseas Operations INTERNATIONAL TRADING CONSULTANTS Email or call 56 2 4585183
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