Nova Minerals eyes investment in Pakistan’s gold and rare earths
MG News | November 14, 2025 at 10:10 AM GMT+05:00
November 14, 2025 (MLN):
U.S.-based Nova Minerals Ltd. has expressed strong interest in exploring
investment opportunities in Pakistan’s gold, antimony, and rare earth mineral
sectors.
During a meeting with Federal Minister for Board of
Investment (BOI) Qaiser Ahmed Sheikh, the company’s delegation highlighted
Pakistan’s geological diversity, government facilitation, and policy reforms as
key factors making the country attractive for long-term investment, said a
press release issued.
Minister Sheikh emphasized Pakistan’s vast and largely
untapped mineral potential, noting that foreign investment will help unlock
natural resources, strengthen economic ties, and promote technology transfer.
He underlined the government’s commitment to shifting
from raw mineral extraction to local processing and value-added exports,
assuring maximum facilitation for foreign investors and joint ventures.
The Nova Minerals team expressed interest in technical
collaboration, knowledge exchange, and conducting feasibility studies with
local partners.
Minister Sheikh welcomed the company’s enthusiasm,
stressing the government’s support for responsible, sustainable, and
technology-driven ventures that contribute to local value addition.
He added that Prime Minister Muhammad Shehbaz Sharif strongly supports foreign investment as a key driver of economic growth.
Furthermore, the Minister reaffirmed the BOI’s commitment to providing a transparent and investor-friendly environment to turn Pakistan’s natural resources into sustainable economic prosperity.
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