Larimar Mine

FACTS

Larimar is a beautiful, rare gemstone found only in the Dominican Republic. It is a variety of the mineral pectolite, and its blue color is caused by the presence of copper.

The only known source of Larimar is a single mining area in the country, making it one of the most sought-after gemstones in the world.

The exact process of Larimar formation is believed to have occurred over a period of millions of years.

It is thought that Larimar was formed during the Cretaceous period, approximately 70-100 million years ago.

The mining of Larimar is a difficult and labor-intensive process, but it is also an important source of income for many families in the Dominican Republic.

When a potential Larimar deposit inside the mining hole is found, the mining process begins. First, the area is carefully excavated to reveal any visible Larimar deposits.

Next, the rock is chipped away with hammers and chisels to reveal the gemstone. This is a slow and meticulous process, as the miners must be careful not to damage the delicate Larimar.

Once the Larimar has been extracted, it is brought to the surface and carefully cleaned and polished. This process can take days, as each piece of Larimar must be handled with care.

The finished product is a stunning gemstone that is prized for its beauty and rarity.

Due to its limited supply and popularity among collectors, Larimar has become incredibly valuable, with some specimens selling for up to $100 per gram (easily matching the price of gold; that’s why Larimar is sometimes called the ‘Blue Gold‘).

EXPERIENCE

Larimar is typically found at depths of around 300 ft (100 m) to 900 ft (300 m), and extracting it requires a great deal of skill and expertise. Mining tunnels are hand-built mostly using only basic tools like pickaxes and shovels, and teams of 8-20 people work tirelessly to extract rough Larimar from the earth.

The mining of Larimar is a difficult and challenging endeavour, requiring knowledge, patience and perseverance to be successful.

Despite the challenges, the rewards of successful Larimar mining are well worth the effort.

Not everyone who sets out to mine for this rare gemstone is able to find it, and many give up when their patience or funds run out. In fact, there have been many instances in which Larimar mining investors have exhausted their resources without finding a single vein of Larimar, or have faced personal, technical and engineering difficulties that have brought their operations to a halt. Once mining operations cease, an abandoned mine site can deteriorate rapidly, often within a matter of weeks. Restoring such a site to a usable condition requires substantial investment and effort.

Available Larimar Mining Shafts

09/2024 update

Blue Dragon

Founded in 2022
Close to production
Depth of 300ft / 92m
Outstanding condition
Equipped
Excellent potential for future development

Shaft Rating 90/120

Price $525,000

75/100 shares available

Blue Dragon has the highest potential for many years to come.

Strategic location, own access road and tool storage shed.

Tactical engineering approach allow for expansions within this shaft.

On top of the best Larimar veins. Good production history.

Freedom

Founded in 2021
On standby
Positioned inside - Main tunnel
Depth of 100ft / 30m
Fair condition
Partly equipped

Shaft Rating 20/120

Price $78,000

100/100 shares available

Freedom is good for those who want high quality Larimar without waiting. This mine is positioned close to one of the richest Larimar veins.

The disadvantage is the Main tunnel which constantly needs reparations and so Freedom is now accessible from an alternative tunnel, which means independence but extra expenses. But can be well worth it.

Iron Ladder

Founded in 2021
In production
Positioned outside
Depth of 330ft / 100m
Outstanding condition
Fully equipped

Shaft Rating 100/120

Price $658,000

63/100 shares available

Iron Ladder is our flagship shaft, right next to Blue Dragon with all the advantages of this privileged, highly mineralised area.

Highest quality construction materials have been used to build it.

On top of all Larimar veins. Excellent production history.

Atlantis I

New mining area
Positioned outside
Perfect location

Shaft Rating N/A

Price $35,000

100/100 shares available

New mining area available for development. Very close to stunning Larimar veins, can be shortly in production.

An excellent opportunity for adventurers who would like to start their Larimar mining but prefer a lower entry price with quick ROI.

Atlantis II

New mining area
Positioned outside
Perfect location

Shaft Rating N/A

Price $35,000

100/100 shares available

Ocean Oracle

Founded in 2021
Close to production
Positioned outside
Depth of 100ft / 30m
Good condition
Partly equipped

Shaft Rating 45/120

Price $228,000

50/100 shares available

The Ocean Oracle Larimar shaft is our latest acquisition, well built with simple technical challenges.

This mine is close to production and the rumours say a unique, very rich Larimar vein is near! What a great adventure!!!

Larimar shaft ownership

Are you ready to join the ranks of successful Larimar miners? Our team of experienced professionals offers a range of services to help you succeed in this unique and challenging industry.

Sales of existing Larimar shafts
Setting up a New Larimar mining operation
Larimar shafts management

If you’re looking to break into the world of Larimar mining, you’re in the right place.

Our team of experienced miners, engineers, and gemstone experts offers a range of professional services to help you succeed in this challenging and rewarding industry.

From the sales of Existing Larimar shafts to the setup of New Larimar mining operation, we’re here to help you every step of the way.

And when it comes to mining, we’ve got you covered – our services include taking care of work and legal issues, managing mining teams, and handling the sales and exportation of the extracted rough Larimar.

Don’t miss this opportunity to tap into our expertise and achieve success in the world of Larimar mining.

Contact us today to learn more!

Options

Existing Larimar shaft

It’s possible to acquire pre-owned Larimar mines or simply buy shares.
We can show you around the area, teach you the essentials, and have you up and running in no time.
This is the easiest and fastest way to become a Larimar miner / Larimar shaft owner.

We’ll take care of the whole process for you, from initial due diligence to production start – if you decide to go with our Larimar shaft management services.

1

✚ Advantages

Short time to production

Known mine conditions

- Disadvantages

Higher initial costs

Setting up Larimar shaft

The most common way how to start mining Larimar is to choose the best available location and prepare the works.
If everything goes well, in 6-12 months you can be in full production.

The costs are lower because you are starting from scratch.

We’ll take care of the whole process for you, from initial due diligence to production start – if you decide to go with our Larimar shaft management services.

2

✚ Advantages

Choosing the best available location

Lower initial costs

- Disadvantages

Longer time to production

Larimar mining services

Our Larimar shaft management service is a way of overseeing and directing the work of miners when you are not physically present in the Dominican Republic.

This can be done through a variety of methods, such as video conferencing or instant messaging, and other forms of communication.

You along with us set goals and objectives for the mining team, provide support and guidance, and monitor progress to ensure that work is being completed effectively and efficiently.