ISLAMABAD: A leading US-based minerals exploration and development company has shown strong interest in investing in Pakistan’s mineral and mining sectors, signalling potential collaboration in critical and high-value minerals.
Nova Minerals — a dual Nasdaq and ASX-listed company specialising in gold, antimony, and critical minerals — sent a delegation led by CEO Christopher Gerteisen to meet Minister for the Board of Investment (BoI) Qaiser Ahmed Sheikh on Thursday. The delegation expressed particular interest in antimony and rare earth minerals and discussed opportunities for technical cooperation, knowledge-sharing, and feasibility studies with local partners.
Mr. Gerteisen noted that Pakistan’s geological diversity, combined with ongoing government reforms and investment-friendly policies, makes it an appealing destination for long-term mineral exploration and development.
Minister Qaiser Sheikh welcomed Nova Minerals’ interest, stating that the government supports responsible, technology-driven ventures that prioritise sustainability and local value addition. He said such initiatives would help build a stronger ecosystem for foreign investment in the mining sector.
The minister emphasised that Prime Minister Shehbaz Sharif is fully committed to attracting foreign investors and promoting joint ventures that contribute to economic growth and modernisation. He highlighted Pakistan’s vast, largely untapped mineral potential and stressed that foreign investment would unlock natural resources, enhance bilateral economic ties, enable technology transfer, and create opportunities for skills development and academic exchanges.
Story by Amin Ahmed
