Gold mining

Project description

It should be noted that for business development of gold mining in the Republic of Ghana has a number of favorable factors:

·the so-called "tax holidays" for companies regardless of legal form for five years (the company with foreign participation do not pay any taxes, and no obligation to freely give a portion of the extracted gold to the state)

·low cost of wages of Ghanaian personnel ("cheap" labor force, on average, $ 150 per month)

·favorable (Equatorial and subequatorial) climate for 12 months a year, in two shifts, relatively small initial cost to start the project.

West Africa. Ghana. The enrichment of gold-bearing ore dumps of "tailings" with gold contents from 3 to 7грамм/ton. Small investment, high profit. Payback in 3-4 months. Have all the necessary equipment (95%). Need money for the organization and procurement of the breed. All figures are from practical work, analyses of samples held in Moscow. There is administrative support

Estimated profit for 10 days for the enrichment of 200 tons of rock (tailings). West Africa, Ghana. (22карата rate of gold in Ghana today is 35$ per gram.)

The average content of gold in tailings that were brought to Moscow and analyses in the TsNIGRI laboratory. VIMS showed 5, 3 grams of gold per ton. Were four samples from different mines – 4, 7; 6, 4; 5, 7; 4, 5; grams per ton.

Estimated profit of 200 tons, where we know the average gold content (5, 3 grams/tonne)on the basis of samples, when the two hub CVCP -3

The content 5, 3 g/t obtained by assay in Moscow. This method allows you to remove 95-100% of the gold.

On our two hubs (CVCP-3) a percentage of the gold from the tailings to extract almost impossible. From our content, we will throw off 10-15%. (manufacturer's recommendation) 5, 3 g/t - 13% = 4, 6g/t all mines have an approximate price on sale tails ( all tails are sold by the heaps a heap is estimated at approximately tons) Trucks 20 or 40 tons. The average price of 20 ton (per 20 ton)$ 1,000 if 4, 0 grams per ton, depending on the content of gold.

Working two hubs and washing at least 2, 5 tons per hour. For 8 hours we will wash 20 tons. In 10 days we washed 200 tons.

The cost of washing 200 tons of tailings.( Wash 2, 5 t/h on two hubs 10 days)

Hired 6 people for 6, 5 $ = 390 $ 10дня

Fuel pump, car = 120 $ 10 a day

Accommodation, meals in 2 hours. = 450$ 10 a day

Transport costs for 200 tons. = 2000$ ( 3 days) loading, delivery

Total: 3000 $

Buying tails (cf. the price is 1000$ per 20 tons) = 10000 $ (200 ton.)

Total consumption for washing 200 tons in 10 days. 13000$.

Calculation: 200 tons of tailings * 4.6 grams = 920 grams * 35 $ = 32200 $. consumption in 10 days – $13,000 thenet profit for 10 days. = 32200$ — 13000$ = 19200$

Even if we throw another 30% and that of 3, 0 gram/ton we get 10 days 8000$ net profit. Per month 20 000$. It is a minimum.

Equipment available in Ghana.

That's all you need to work on the ore tails.

Car Hyundai is$ 10 000 — 1pcs.

Hubs CVCP -3 — 19 000$ -2 EA. with shipping and customs

Console spray — 500$ — 1 PC.

Hitachi pump 1000 l/m — 700 $ -2 PCs

Generator 5kW — 500 $ — 1pc.

Libra Tester from 0, 01 - 300g. — 2900$ — 1pc (Japan)

Furnace melting up to 500g. 900 $ -1pc (Italy)

Device for melting

on the coals with a fan. 250$ — 1 piece

Welding machine 150$ — 1pc

A Ghanaian company is$1,000

The company is a joint Ganka — 5000$ (five Gold LTD)

Total 44 400 $ + travel

And many other minor items including tramel 30 t/h for washing of the alluvium the cost of $40,000

All of these costs were made by me and my partner, as well as travel, bribes, and connections.

I need to start working.

Costs to start the organization of work.

Rental of land 0 5 acres per year or 1250 $ (ransom 1750) approximately 10-15 acres

Preparing area for installation of the hubs is 700 $, ???? (the layout of the area, digging holes for sludge water, device shed, fence)

Eyeliner 3rd phase — 425 $

For unforeseen expenses 300$

A permit from environmental services of the district is 2500$ (issued once for the entire work period, irrespective of the term. You can pay after you start working

Tickets for 3 people— 55 000 — 2600$ (165 000 rubles)

Payment of a geologist to bring the concentrate — 1000$ (60 000 RUB.)

A total of 6300 $ + ($2,500 for the environment)

Budget for 10 days for personnel 6 people.

Accommodation for two people in hotels for 10 days. 1000 Cedi is$225

Food 3 people 2 times 10 days 1000седи — 225$

Gasoline for pump 5L\d For 10 days 50 lit. *3, 5 Cedi — 50 $

Diesel cars for 25 Cedi a day for 10 days 250 sit — 70 $

Working man's 6h and 25 cedis a day 150 sit for 10 d. 1500 — 390$ (for work on two hubs 6 people)

Total$1,000

Only 7 000$ ( + 2500 environment) It is not the purchase of tailings.

It should be noted that for business development of gold mining in the Republic of Ghana, there are a number of favorable factors:

· the so — called "tax holidays" for companies regardless of legal form for five years (the company with foreign participation do not pay any taxes, and no obligation to freely give a portion of the extracted gold to the state)

· low cost of wages of Ghanaian personnel ("cheap" labor force, on average, $ 150 per month)

· — favourable (Equatorial and subequatorial) climate for 12 months per year in two shifts

· relatively small initial cost to start the project.

Working on a rotational basis, by month.