A U.S.-based mineral exploration and development company has expressed keen interest in exploring investment opportunities within Pakistan’s mineral and mining sectors. The company is expected to initiate technical cooperation, knowledge exchange, and feasibility studies to evaluate specific investment projects, potentially in partnership with local institutions.
​
​A delegation from Nova Minerals, which is listed on NASDAQ and the ASX and works on the exploration and development of gold, antimony, and other critical minerals, met with the Minister for the Board of Investment (BOI), Qaiser Ahmed Sheikh, on Thursday. The delegation, led by Chief Executive Officer Christopher Gerteisen, specifically showed interest in antimony and Rare Earth Minerals.
​The delegation head stated that Pakistan’s geographical diversity, combined with government facilities and policy reforms, makes it an attractive and opportunity-rich destination for long-term investment.
​
​Appreciating Nova Minerals’ interest, Minister Sheikh informed the delegation that the government encourages responsible, technology-based projects that ensure sustainability and local value addition. He noted that such steps would help create a favorable environment for further foreign investment in Pakistan’s mining sector.
​The Investment Minister added that Prime Minister Shehbaz Sharif fully supports foreign investment and joint ventures, recognizing them as key drivers for economic development and innovation. He also praised the efforts of the business community and international partners who maintain their confidence in Pakistan’s investment climate.
​
​During the meeting, Mr. Sheikh highlighted the vast and largely untapped potential of Pakistan’s mineral and mining sector. He stated that the country offers attractive investment opportunities in various segments, especially in the exploration and processing of high-value minerals.
​He stressed that foreign investment in mining would not only utilize Pakistan’s natural resources but also strengthen bilateral economic ties, promote technology transfer, and create opportunities for skills development and higher education exchanges, allowing Pakistani professionals and students to return home with modern expertise.