Tiberius Gold Mine for Sale in Matabeleland North, Zimbabwe
Financial Details
- Profit Metric:
- Cash Flow
- Location:
- Matabeleland North, ZW
- Source:
- Date:
- September 15, 2025
Key Highlights
Description
This listing presents the Tiberius Gold Mine, a significant mining property located approximately 90 km north of Bulawayo in Matabeleland North, Zimbabwe. The property spans a total of 180 hectares, divided into three 10-hectare blocks and one 150-hectare block named Lonely. Extensive exploration has been conducted by the owner, Westwood Industrial (Pvt) Ltd, including 1,234.64 meters of diamond drilling and 700 meters of trench excavations. Geological reports indicate promising mineralisation, with sample grades ranging from 2.42 g/t to an exceptional 221 g/t. The seller is seeking to sell the mine due to a lack of funds for production, presenting an opportunity for a buyer with the capital to advance the project to operational status. The asking price is available on request.
Industry Information
- Industry Description:
- Gold Mining
- Classification:
- Agriculture
Operational Snapshot
- Reason for Selling:
- Seller no longer has funds for production.
Real Estate & Lease
- Status:
- Owned
Listing Details
- Listing ID:
- b8f382dd-eb91-44b9-b0e8-0c82a3cc3e3b
- Deal Status:
- For Sale
- Date Posted:
- April 29, 2024
- Last Updated:
- September 15, 2025
- Currency:
- USD