US based firm eyes Pakistan’s gold and rare earth projects

Federal Minister for Board of Investment (BOI) Qaiser Ahmed Sheikh held a meeting with a delegation from Nova Minerals Ltd, a US-based mining exploration and development company listed on the ASX and NASDAQ, focusing on gold, antimony, and rare earth minerals. During the meeting, Sheikh highlighted Pakistan's vast and largely untapped potential in the minerals and mining sector, emphasising that the country offers promising investment opportunities across multiple areas, particularly in the exploration and processing of high-value minerals. According to an official statement issued on Thursday, Sheikh underscored that foreign investment in mining would not only unlock Pakistan's natural resources but also strengthen bilateral economic relations, promote technology transfer, and create opportunities for skill development and higher education exchanges, enabling Pakistani professionals and students to return with advanced expertise.