Diamond Mining Opportunity in South
Africa
Monastery Mine (Pty) Ltd, Mining
Right application for diamonds in kimberlite and ilmenite in Kimberlite has
been accepted by the DMR in South Africa and is planning to commence mining
operations on the Monastery Kimberlite and Fissure. The Monastery Mine team is
seeking very experienced Mining Engineers, Engineers and entrepreneurs that and
will enter into JV operations with a diamond mine located in the Free State
Province of South Africa. The company seeks an equity partner to invest in the
project or venture capitalist looking for exceptional high returns over short
term period.
The Monastery diamond mine has a Diamond Mineral Resource up to 500m from outcrop to 500m grading at 25 carats per 100 tons or a total of 1,5 million carats. During the early 1980’s the mine produced about 14 000 carats.
Monastery Mine will refurbish its present 100tph DMS plant and immediately commence processing diamondiferous dump material. Ramp-up to full production at 50,000 tons per month, is estimated to take about six months.
Equity investors have an opportunity to acquire significant interest in the operating Copper mine as well as the JV mining operator. The current projections indicate that the business will deliver a real internal rate of return of more than 50%.
Interested investors seeking to enter the African rough diamond producing market are encouraged to respond to this opportunity.
Please note: This opportunity is not accessible to citizens of the United States of America due to SEC regulations.
Contact: Suza Adam, suza.adam@spindlecommunications.com, +27 11 880 0364
The Monastery diamond mine has a Diamond Mineral Resource up to 500m from outcrop to 500m grading at 25 carats per 100 tons or a total of 1,5 million carats. During the early 1980’s the mine produced about 14 000 carats.
Monastery Mine will refurbish its present 100tph DMS plant and immediately commence processing diamondiferous dump material. Ramp-up to full production at 50,000 tons per month, is estimated to take about six months.
Equity investors have an opportunity to acquire significant interest in the operating Copper mine as well as the JV mining operator. The current projections indicate that the business will deliver a real internal rate of return of more than 50%.
Interested investors seeking to enter the African rough diamond producing market are encouraged to respond to this opportunity.
Please note: This opportunity is not accessible to citizens of the United States of America due to SEC regulations.
Contact: Suza Adam, suza.adam@spindlecommunications.com, +27 11 880 0364
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