Crowdfunding for mining
NigMiner uses mobile technology and crowd funding strategy to generate operating and research fund for local and small scale miners. The platform allows anyone get engaged in mining virtually allowing them buy categorized mineral specific mining lots all from mobile without having to get on site. After a runway period (usually 6-12 months), Return on Invested capital of 20-40% pre-calculated amount on a quarterly basis for new sites and 10-15% on existing sites without a runway period is paid to these individuals, and will be continuous throughout the active years of the mine. NigMiner locates viable mining sites, conducts detailed exploratory research, evaluates viability and supervises exploitation activities.