Money Control Place
  • Politics
  • Business
  • Stocks
  • Investing
  • Politics
  • Business
  • Stocks
  • Investing

Money Control Place

Investing

Metal Bank: Copper, Gold-focused Exploration in Australia and the Middle East

by admin February 22, 2025
February 22, 2025
Metal Bank: Copper, Gold-focused Exploration in Australia and the Middle East

Targeting high-demand copper-gold projects, Metal Bank (ASX:MBK) offers a compelling investment opportunity by exploring assets in Australia, Saudi Arabia and Jordan. The company focuses on optimizing and divesting the Livingstone gold project to generate capital for expanding its copper projects in the Middle East. Metal Bank’s strong regional presence, particularly in Saudi Arabia and Jordan, is underpinned by deep industry relationships and extensive operating experience.

The company is securing copper and other critical minerals projects in Saudi Arabia, through its joint venture company, Consolidated Mining Company (CMC). CMC is 60 percent owned by MBK and 40 percent by Central Mining Holding Company. Its first project, Wadi Al Junah, has been awarded exploration licences in November 2024.

Wadi Al Junah is a joint venture through Consolidated Mining Company (CMC, MBK 60 percent). Exploration activities include regional geochemical surveys, surface mapping, and shear-zone anomaly identification. Phase 1 drilling is planned for Q2 2025.

Company Highlights

  • Strategically focused on copper exploration and development, leveraging extensive experience and partnerships in the MENA region. Aiming for long-term growth from copper assets.
  • Focused on the Livingstone gold project divestment, with ongoing JORC resource optimization, and strong corporate acquisition interest. If divested, proceeds are earmarked to fast-track exploration on the company’s copper projects.
  • Expanding in Saudi Arabia by progressing the Wadi Al Junah copper project through a joint venture with Central Mining Holding Company.
  • Disciplined capital allocation approach focused on low overheads and in-ground exploration investment.
  • The company’s leadership team brings a proven track record in Saudi Arabia and Australia of exploration success and project execution, positioning the company for long-term value creation in the critical minerals market.

This Metal Bank profile is part of a paid investor education campaign.*

Click here to connect with Metal Bank (ASX:MBK) to receive an Investor Presentation

This post appeared first on investingnews.com

0
FacebookTwitterGoogle +Pinterest
previous post
Nuvau Minerals Inc. to Participate in BMO and PDAC Conferences
next post
Market Rotation and Cap-Weight Dynamics: A Closer Look

Related Posts

Atlantic Lithium: Building Ghana’s First Lithium Mine

December 2, 2023

Eric Nuttall: ​”We Remain Bullish” — Oil Prices,...

December 19, 2023

Carbonxt Group (ASX:CG1)

February 23, 2024

Indicator Minerals in Gold Exploration (Updated 2024)

April 24, 2024

When is the Starlink IPO Date and Can...

May 16, 2024

Forte Minerals Acquires the Alto Ruri Epithermal Gold...

March 8, 2024

When Will Copper Go Up? (Updated 2023)

October 12, 2023

Heritage Mining – 2023 Program Update & Six...

February 14, 2024

Top 3 Canadian Graphite Stocks of 2023

July 29, 2023

Source Rock Royalties

April 16, 2024

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Latest

    • Larry Williams on the Fed, Interest Rates & Markets! What’s Next?

    • Analyzing SIL, USO, and NVDA: Could These Bullish Patterns Trigger?

    • Nuclear Power Trio: OKLO, SMR, and CCJ in Focus

    • Trump’s Nuclear Revival Plan Boosts Uranium Prices, Sends US Miners Soaring

    • Group Eleven Announces Appointment of Jasmine Lau as Chief Financial Officer

    • Charbone Hydrogene annonce les resultats financiers T1 2025

    Categories

    • Business (1,221)
    • Investing (2,498)
    • Politics (3,699)
    • Stocks (1,611)
    • Uncategorized (20)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: MoneyControlPlace.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 moneycontrolplace.com | All Rights Reserved