BUSINESS PLAN

Business Plan

Contents

About the plan3

About the business3

The performance outlook4

Black angel4

Naulnaq4

Financial performance of Angel mining5

Performance Milestones achieved5

Financial outlook6

Comparative performance measures7

Analysis7

Current business objectives8

Revised business objectives9

Detailed business plan10

The business10

Product description11

Development schedule11

Competition12

Financial history12

Back Ground of revised objectives12

Proposed action plan for business13

The SMART Criteria14

Assessment of the impact15

The impact upon the human capital15

The impact upon business operations16

Managing the implementation of change (step-by-step process)17

Time Scale for implementation of Change18

Monitoring the change18

References20

Business Plan

About the plan

Angle mining plc is a corporation that focuses on mining of metals including gold, silver and lead. The company has its operation in Greenland. The venture has been very successful so far, as per the current financial performance. The plan focuses on expansion of the business that is mining of other metallic and non-metallic substances. Mining industry is a growing industry. The blue planet is full of natural resources underneath the earth surface. The plan proposes expansion strategies, as well as, areas where they need to expand. The plan proposes a process of gradual expansion for plc, with regard to, current company objectives (www.angelmining.com).

About the business

Angle mining plc is a mining company located in Greenland. It deals with mining of precious metals. The firm has been performing outstanding ever since its inception. The company stands out for applying cutting edge techniques and tactics to extract the metals from mountains of Greenland. It focuses upon community benefits. It has blessed Greenland economy with development and growth. They focus upon the well-being and fortune of the local community. The company has an edge over local miners due to technological superiority in mining operations. Greenland is a rich resource region, focused towards economic growth due to reduction in the Danish subsidy. The company has been achieving milestones; few are listed as under;

In the year 1998, the company became an Ami listed company

In the year 2005, it incepted operation at Black angel

In the year 2008, the company acquired license for mining black angel

In the year 2009, it purchased Naulauq and planned to build plant worth $10 million

In the year 2011, the company commenced excavation from black angel with advanced techniques (www.angelmining.com).

The performance outlook

Company has been performing outstanding ever since the commencement of mining operations. It is the only operational company located in Greenland. Greenland has high potential reserves of precious and semi-precious stones and metals. Company currently operates in extracting metals from two mines, discussed as under;

Black angel

The mine is located in Black Angel Mountains with an area of 5 km. The core business activity of the company comprises of three phases, that is, identifying, extraction and processing. The mine deposits are expected to last for the next five years. It has premium quality deposits of Lead and Zinc. It annually produces 30,000 tons of Zinc and 8,000 tons of Lead.

Naulnaq

The mine is located in Kirkespirdalen. It has high quality gold deposits, with annual production of 24000 oz of gold. The mine produced first gold bar on 29th may, 2011.

Financial performance of Angel mining

1 kg gold bar extracted from ...