Gold-mining Business Plan: The purpose of this business plan is to raise $25,000,000 for the development of two private gold mining businesses while showcasing the expected financials and operations over the next three years. J.R Mining Company Limited is a Sheffield based newly registered company that will excavate gold from leased mines within the United States(Southern Placer Claim in Kern County, Southern California) and Mali (West Africa). The company is founded by John E Roberts. 1.1 Products and Services As stated above, the Company intends to acquire land leases on properties known to have gold deposits. The business will then develop gold mines on these properties with the intent to extract, smelt, and package the …show more content…
2.0 Company and Financing Summary 2.1 Registered Name and Corporate Structure J.R Mining Company Limited. The business is registered as a for profit corporation in the State of South Yorkshire, England. 2.2 Required Funds At this time, the Company requires $25,000,000 of equity funds. Below is a breakdown of how these funds: Projected Startup Costs: a) Initial Lease Payments and Deposits: $200,850.05 b) Working Capital: $1,935,601.10 c) FF&E: $200,850.05 d) Leasehold improvements: $100,818.78 e) Security Deposits: $20,704.70 f) Opening Supplies: $217,409.40 g) Company Vehicles and Lease Deposits: $434,818.80 h) Marketing Budgets: $217,409.40 i) Miscellaneous and Unforeseen Costs: $163,057.37 Total: $3,025,089.69 2.3 Investor Equity At this time, Mr. John Roberts is seeking to sell a 40% interest in the business in exchange for the capital sought in this business plan. The investor(s) will receive a seat on the board of directors and a regular stream of dividends starting in the first year of operations. 2.4 Management Equity After the requisite capital is raised, Mr. John Roberts will retain a 60%
a. Crystallex International Corp announced a $153 million investment to double the capacity of its gold mine
Cadia Holdings Pty Ltd and Newcrest Operations Ltd (NOL) owned land in New South Wales, granted to them by the State of New South Wales under the Mining Act 1992 (NSW). From July 1998 to March 2008, Cadia conducted mining operations in which it recovered minerals including copper and gold, and paid royalties to the Minister pursuant to the Mining Act 1992 (NSW). The Minister referred to the Case of Mines[1], claiming that the mine owned by Cadia was a “royal mine” containing gold that belonged to the Crown prerogative, and as a consequence the copper was also the property of the Crown. Cadia
needs. As of December 31, 2016, the firm has a cash and short-term investment balance of $417.7 million
Mining has strong increase in revenues and investment in the mining sector and for other industries aligned to mining and resources. Modelling undertaken for this document estimates that the mining increase has on average delivered 0.62 per cent to whole funding
OZ Minerals Limited (ASX code: OZL) is a modern mining company based in Australia where their main focus are on copper. They own the Carrapateena and Prominent Hill copper-gold mine, both situated in South Australia. OZL has a weightage of 0.08% in the market. OZL and its wholly-owned Australian controlled entities are part of a tax consolidated group where OZL is the head of the tax consolidated group.
Profit is the money that a business earns in revenue, minus investments, and the cost of salaries.
Gold Rush prompted for many miners to come about, the promising opportunities have prompted for
To create a competitive advantage, a mine has to properly manage its exposure to gold price fluctuations. This is not an easy thing to do since there are so many factors to consider: when, how much, and how to hedge the gold production. Firms in this industry differentiate themselves based on the risk management strategies they implement. Furthermore, mines should also be able to minimize the cost of gold production along with making large sunk costs. Operating in
As a Professional Tennis Coach I want my students to be the best they can be in tennis, i use that mentality to try their hardest in everything they do. I also want to create future tennis pro’s, by training them everyday they can develop their game to get at least a college scholarship.
After the completion of extensive research on the inner workings of Hong Kong we must pick a specific industry to invest in within the financial market. The industry that we would like to concern ourselves with is the Precious Gems and Metals
Starting a new business is an exciting venture and has its unique mix of challenges and rewards. Many are set-up for failure if no clear goals or measures are established and adhered. According to the Small Business Administration, “Planning is critical to successfully starting and building a business.” The best advice for a new entrepreneur interested in starting a business is to create a solid business plan that outlines the business in its entirety. A well-constructed, written business plan will help owners remain focused on their operations, marketing and financial measures through the duration of the business life. In addition, knowing the risks involved in starting a business can help prevent and minimize mistakes that cause many
This technical assistance project which was the first move made by the International Monetary Fund to tackle the issue targeted countries where precious mineral exports account for a high share of GDP or total exports and formal financial systems are underdeveloped.
In this paper, I will select an organization and prepare a strategic plan to grow the business over the next three years. This strategic plan will include certain criteria. That criteria includes:
A business plan is a road map for a team or business and it can be used, as an eternal tool for potential customers and partners. The business plan should describe in details the entire business venture, technology behind it, the size of the target market, customers, competition, business model, team, financial needs and exit strategy. The business plan gives a company insight and allows them to think things through early enough in the process to ensure they have a well defined venture goals and objectives. It also gives the business direction to a clear path for the team to follow and implement on their venture.
Rio Tinto is a multinational company that deals with mineral and metal mining, refining, processing, and marketing. Founded in 1873, this Australian-British company has grown into one of world’s leading mining and Metals Company, dealing in aluminium, copper, diamonds, coal, and iron ore. Refining of bauxite and iron ore are also part of its operations. The transformed metals and minerals give Rio Tinto access to markets across a diverse economic development spectrum, and exposure in varied sectors, including