South African Diamond mine sale offer

The sellers have reduced the asking price.

The alluvial mine is located in South Africa

The mine was set to go into full production in 2004, when the permit
was obtained, but lacked the capital resources

Prospecting was done and diamonds recovered

The presence of alluvial as well as Kimberlite structures has been

A recovery barge is half way built, capable of extracting 100-150 tons
of gravel per day.

Approximately 37 carats will be recovered for every 100 tons of gravel

There are several mining areas and one area has a resource estimate of
minimum 12,000 carats.

A 2004 geologist report is available.

The entire mining area covers 6.7 kilometers of riverbed.

Additional capital of about $250,000 USD will be needed for equipment

The Seller will work and run the mine for the buyer for at least 6
months after the acquisition.

REDUCED to $5,000,000 USD or best offer.  Serious inquiries only please.


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