Gold Mining Project
RHINO METAL, LLC is engaging in small scale gold mining project in Ghana. More outline of our business plan with a mission to increase and modernize gold and diamond mining in the Birim and Ahafo areas of Ghana.
RHINO METAL, LLC is engaging in small scale gold mining project in Ghana. Below is an outline of our business plan with a mission to increase and modernize gold and diamond mining in the Birim and Ahafo areas of Ghana.
BUSINESS STRATEGY
Develop both Gold & Diamonds productions.
Develop the Amaw, Ahafo(Hard rock gold Vien) and Asin Fosu concessions
- to produce 20,000 – 25,000 Ounces of gold per annum.
- to produce diamonds up to 100,000 carats per annum
- to involve the construction departments and agricultural ventures into viable business and render service to the communities.
PHASE ONE
This would consist of activities focused on acquiring specific information to formulate detailed development plans substantiate and provide justification of the financial commitment for the overall business strategy. The existing mining and processing plant would also be reviewed as follows:
- Evaluation of existing technical and mining plans, personnel, mining equipment, processing facilities and security and infrastructure.
- Confirmation of maps, technical database and mining plans.
- Preparation of detailed plans and budget for a long-term development of the business plan.
- To release first tranche of $200,000 USD to facilitate the mobilization and installment of the new washing plant.
- To produce 10 kilos of Gold a month and to upgrade the current processing plants and mining machinery to be able to operate efficiently.
- To produce 25 – 30,000 carats per annum in the first year.
The existing plant will be rehabilitated immediately to increase production. The plant will be able to produce one kilo of gold and one thousand carats of diamonds per month by the end of June 2010.
The refurbishment of the newly acquired plant is envisaged to be completed by the middle of June 2010 if the $200,000 USD is received very soon. This plant will treat about 300m3 of gravel per day. It is expected that the plant will be able to produce about three thousand carats of diamonds and five (5) kilos of gold in a month.
During the first phase we need two excavators and two front-end loaders. We also need three haulage and tailings disposal trucks.
PHASE TWO
- Renovation/replacement of existing equipment and plant facilities where justifiable.
- Necessary modifications to personnel and security system for the business plan.
- Confirmation of production and justification of the Ore reserves.
A- New equipment machines Excavators, etc
- Dozer D8 Cat
- 2 Excavators – 330 Cats
- Computers
- 2 Chain saws
- 3 Welding Set
- 1 Cutter / Shaper
- Bench Drill
- Mobile Workshop (Compressor, Greaser etc)
- Grizzly feeder
- 4 Air Conditioners
- Water Purifier
- 3 Generators (50KVA)
- Photocopier
- 6 Computers & Printers
- Staff / Labourers
- 4 4 X 4 Pick Up Trucks
- 2 Dump Trucks
- 1 Crusher
- 1 Ballmill
B- Insurance, Licenses etc
- Compensation (Cocoa etc)
- Working Capital
- Misc
This will begin in the first half of 2011. This will involve the acquisition of three other treatment plants. Acquisition and installation of these plants will need about Two hundred and fifty thousand dollars each.
In addition we shall require two excavators each on the three concessions. Other machinery requirements will be a compressor, three (3) generators and three (3) front-end loaders. Other machinery will be acquired on hired basis.
We expect to produce 13 kilos per month, from each of the three concessions, giving a total of 39kilos per month. The overall gold production per month will then rise to about 42 kilos per month.
PHASE THREE
This will begin after three years. The number of treatment plants on two of the concessions (i.e. the alluvial deposits) will be increased to two each. This will increase production of gold from 13 to 26 kilos per month from each of the two concessions.
It is expected that five hundred thousand dollars will be required to complete this phase.
LABOUR REQUIREMENT AT THE THIRD PHASE
Two shifts will be run by each plant at the third phase. There will be seven plants in operation at the third stage. Each plant will need twenty plant workers and three Supervisors. We shall need one Senior Security Officer and two junior security men during a shift.
TRAINING
There will be the need to train and retain some of these staff and workers. Some of the workers who are qualified will be sponsored to study at the local University of Mining and Technology and other Tertiary Technical Institutions to get the requisite human expertise within the five years period.
INVESTMENT AND RETURN ON INVESTMENT
We are looking for investors who are interested in investing in our gold mining. Investment can be from 100,000 to 500,000 USD and we will provide 10% profit on a yearly basis for the investment money.
Please contact: Mr. Andrew Tran at rhinometal@gmail.com to discuss your investment desires.