Investment/Business Opportunities

RE: NAMIBIAN GOLD & DIAMOND OPPORTUNITIES

Introduction           Namibia

Background:untitled

South Africa occupied the German colony of South-West Africa during World War I and administered it as a mandate until after World War II, when it annexed the territory. In 1966 the Marxist South-West Africa People’s Organization (SWAPO) guerrilla group launched a war of independence for the area that was soon named Namibia, but it was not until 1988 that South Africa agreed to end its administration in accordance with a UN peace plan for the entire region. Namibia won its independence in 1990 and has been governed by SWAPO since.

Geography

Location: Southern Africa, bordering the South Atlantic Ocean, between Angola and South Africa

Area: Total: 825,418 sq km

Land: 825,418 sq km

Border countries: Angola 1,376 km, Botswana 1,360 km, South Africa 967 km, Zambia 233 km

Coastline: 1,572 km

Climate: Desert; hot, dry; rainfall sparse and erratic

Terrain: Mostly high plateau; Namib Desert along coast; Kalahari Desert in east

Natural resources: Diamonds, copper, uranium, gold, lead, tin, lithium, cadmium, zinc, salt, hydropower, fish

Note: Suspected deposits of oil, coal, manganese and iron ore

Natural hazards: Prolonged periods of drought

Environment – current issues: Very limited natural fresh water resources; desertification; wildlife poaching; land degradation has led to few conservation areas

Geography – note:

First country in the world to incorporate the protection of the environment into its constitution; some 14% of the land is protected, including virtually the entire Namib Desert coastal strip

The economy is heavily dependent on the extraction and processing of minerals for export. Mining accounts for 20% of GDP. Rich alluvial diamond deposits make Namibia a primary source for gem-quality diamonds. Namibia is the fourth-largest exporter of nonfuel minerals in Africa, the world’s fifth-largest producer of uranium, and the producer of large quantities of lead, zinc, tin, silver, and tungsten. The mining sector employs only about 3% of the population while about half of the population depends on subsistence agriculture for its livelihood. Namibia normally imports about 50% of its cereal requirements; in drought years food shortages are a major problem in rural areas. A high per capita GDP, relative to the region, hides the great inequality of income distribution; nearly one-third of Namibians had annual incomes of less than $1,400 in constant 1994 dollars, according to a 1993 study. The Namibian economy is closely linked to South Africa with the Namibian dollar pegged to the South African rand. Privatization of several enterprises in coming years may stimulate long-run foreign investment. Mining of zinc, copper, and silver and increased fish production led growth in 2003-04.

 

OPPORTUNITY AVAILABLE

  1. 1. Gold Exploration

We have the exclusive authority to find a Joint Venture Partner for 91 hectares of mining potential in one of the most lucrative mining areas in Namibia. The owner of this ELP is looking for a serious investor to partner him to uncover the huge fortune waiting to be discovered. The initial geological report gives a glowing report as stated below:

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RE: INVESTMENT OPPORTUNITY ANGOLA 

Serious investors are hereby given this exclusive opportunity to invest in one of Africa’s fastest growing economies. A country which is serious about development and growth as indicated above and most of all willing to assist companies in developing and growing with the country.

In the spirit of the aforesaid we have duly been authorised to present the following business opportunity to serious investors.

PROSPECTING RIGHT OFFER.Angolas map

Prospecting Right Holder: To be advised

Prospecting Right Registration Number: To be advised

Location: The Greater Matala / Quipungu area, Municipality of Matala, Province of Huila, Angola.

Surface Area: 8434 square kilometers (676,400 hectares)

Commodity: All Ferrous and Non-ferrous metals.

The items are identified by the Council for Geosciences as prevalent within the Prospecting Right area are amongst others, Gold, Diamonds, Iron Ore, Titanium, Molybdenum, Copper, Asbestos and Rare Earth Minerals.

THE OFFER.

The Prospecting Right is issued to Prospecting Right Holder (two parties). In the said local partnership agreement it was agreed that both shall together hold 20% shareholding (the non-investing shareholding) and the Investor shall hold the balance of 80% in the project. The Local Partner Shareholding (20%) expenditure shall be recoverable from dividends once mine is operation and in full production. A Joint Venture Agreement is also to be concluded with the local partners and the Prospecting Right will be endorsed accordingly. The Mining Right will be similarly endorsed at the time of issuing.

Offer 1. As the surface area is vast, it was agreed to offer mining opportunities to investors in blocks of 10,000 (ten thousand) hectares or more if so required by the investor.

Offer 2. Consideration will be also be given to offers from a single Investor on the entire Right subject to said investor proving capacity to set up such a mega mining activity.

RE: PROSPECTING RIGHTS FOR SALE – NORTHERN CAPE, SOUTH AFRICA

We are duly authorized to present the following prospecting rights for sale.

Please note that desktop geological reports have been compiled for most of the PR and will be available after receipt of an official Expression of Interest with banking coordinates.

1.         Companies 1 to 7. We are in possession of these Prospecting Rights already.

2.         Companies 8 and 9. These Prospecting Rights have been granted by the DMR. We are waiting for them to set an appointment for execution.

3.         Companies 10 and 11. These are new applications. We have met all the requirements at the DMR. We now await their approval, then execution.

4.         We have conducted desktop studies on 6 of the 7 except one.

5.         We want to sell off the shareholding in the Companies as it stands currently so further prospecting will have to be done by the prospective buyer.

6.         This diamond prospecting right is in close proximity of the Bell’s Diamond belt.  

7.         6 & 7 Mainly for Diamonds than for Manganese / iron ore

8.         8 & 9  Granted only needs to be executed DMR.  Predominantly Iron Ore close to Sishen

9.         10 & 11 criteria complied with DMR awaiting finalization from DMR. Predominantly Iron Ore close to Sishen.

10.         Please note that 11 Rights sold as package and not separately.

11.       Rights sold subject to SA mining regulations being complied with and more specifically in respect of the BEE compliance.

12.       Pricing subject to BEE compliance, meaning 26% retained by local empowerment group.

13.       Price for remaining share in all eleven companies is $1.95 mil usd.

PR

Should you require any further information, please do not hesitate to give us a call or send us an e-mail to info@bkmin.co.za

 

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