Limestone Mining Project
Project Cezanne, Ghana
Project Overview
Aggrey & Associates Ltd presents Project Cezanne, a limestone mining concession located in the Asuogyaman District of Ghana's Eastern Region. With a secured 10-year mining lease and a high-quality resource base, the project offers a lucrative opportunity for investors to gain a foothold in Ghana’s fast-growing construction materials industry.
Quick Facts:
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Location: Asuogyaman District, Eastern Region, Ghana
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License Area: 31.49 acres (12.74 hectares)
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Mining Lease: Secured (2022–2032)
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Total Limestone Reserve: 7.25 million tonnes
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Annual Production Estimate: 480,000 tonnes
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Mine Life Estimate: 15 years
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Investment Options:
a. Outright Purchase: $7,000,000 b. Joint Venture: Negotiable terms
Geological & Chemical Profile
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Located within the Lower Voltaian Sandstone formation
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Strongly fractured, thick-bedded limestone suitable for cement and lime industries
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CaO content: 38% – suitable for cement-grade use
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Other key components: MgO (3.5%), SiO₂ (14.7%), Fe₂O₃ (1.3%)
Financial Valuation & Profitability
Metric
Estimate
Total Resource
7,254,827 tonnes
Average Selling Price (ex-plant)
$30/tonne
Total Revenue Potential
$217.6 million
Operating Cost per Tonne
$12
Gross Profit per Tonne
$18
Total Gross Profit
$130.6 million
IRR (Joint Venture Scenario)
35% – 45%
Estimated Payback (JV)
2.5 – 3 years
Investment Models
Option A: Outright Purchase
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Sale Price: $7,000,000
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Includes license, site access, geological & technical documentation
Option B: Joint Venture
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3-Way Split: 45% (Investor), 45% (Current Owner), 10% (Aggrey & Associates)
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Aggrey & Associates provides support in permitting, stakeholder engagement, and local compliance.
Strategic Advantages
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Location Advantage: Close to Accra-Tema industrial corridor and major cement plants
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High Demand: Driven by Ghana’s infrastructure and housing growth
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Infrastructure Ready: Access to ports, roads, and processing infrastructure
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Permitted & Scalable: Fully licensed with potential for modular plant expansion
Next Steps for Interested Investors
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Access full technical data and samples
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Schedule a site visit and due diligence
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Discuss JV or purchase terms with our team