Maximizing Profits in the Mining Industry: How to Make $100 Million in 18 Months

Photo by omid roshan on Unsplash

While it may sound like a tall order, it is possible to achieve this level of success in the mining industry, especially if you focus your efforts on developing countries in the Sub Saharan Africa region.

In this blog, we will outline a few key steps that you can take to increase your chances of making a significant profit from mining assets in this part of the world.

Step 1: Obtain exploration permits One of the first things you will need to do is obtain exploration permits for a specific area.

There are a few different ways you can do this.

One option is to buy exploration permits directly from a developing country. Alternatively, you could sign a joint venture (JV) with a company that already holds exploration permits.

Either way, it is important to do your due diligence and ensure that you are working with a reputable partner who has a proven track record in the mining industry.

Step 2: Structure a board of directors Once you have obtained exploration permits, it is important to carefully structure your board of directors.

This should include individuals with a wide range of expertise, including geologists, engineers, and financial experts.