Gold Mine with Milling Operations in Bindura, Zimbabwe
Financial Details
- Asking Price:
- $950,000
- Cash Flow / SDE:
- $1,300,000
- Profit Metric:
- Cash Flow
- Valuation Multiple:
- 0.7x
- Location:
- Bindura, ZW
- Source:
- Date:
- September 18, 2025
Key Highlights
Description
This is a unique opportunity to acquire a substantial gold mine located in Bindura, Zimbabwe. The property spans 20 hectares of brownfield land, situated less than 100km from the city. The mine boasts impressive gold reserves estimated at over 6000kgs, with a concentration of 6g/ton or higher, valued at over $300 million USD. The operation is primarily focused on milling, and it includes a significant asset of over 5000 tonnes of dump material ready for CIP processing, containing an estimated 15kgs of gold. Comprehensive milling machinery, including ball mills, round mills, conveyor belts, and leaching tanks, is available on-site. The mine benefits from electricity and has no outstanding payments, with geology reports readily available. Additional yellow equipment such as excavators and tippers are also included. Beyond its own operations, the mine generates substantial extra income by milling for surrounding small-scale miners, earning over $1.3 million in 2022 from this service alone. The location is secure and offers massive potential for expansion and increased production.
Industry Information
- Industry Description:
- Gold Mining
- Classification:
- Agriculture
Real Estate & Lease
- Status:
- Included
Assets & Inventory
- Includes FF&E:
- Yes
- Includes Inventory:
- No
Listing Details
- Listing ID:
- 52b3d998-d36e-40c1-b12d-4add32c7384d
- Deal Status:
- For Sale
- Date Posted:
- June 28, 2022
- Last Updated:
- September 18, 2025
- Currency:
- USD