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

How to Invest in Copper

November 23, 2023

Tin Prices Surge to 21 Month High

April 16, 2024

Barksdale is Drilling at Sunnyside

September 26, 2023

Lodgement of Bidder’s Statement

April 30, 2024

Top 5 Copper Stocks on the TSX in...

July 15, 2023

Experts Warn of Supply Cliff for Battery Raw...

February 13, 2024

Editor’s Picks: Gold Hits New All-time High, First...

December 2, 2023

5 Top Weekly TSXV Stocks: Grande Portage Moves...

October 30, 2023

ARway.ai Expands Global Education Industry Reach with New...

March 14, 2024

John Feneck: Gold Backdrop Looks “Amazing,” Plus 7...

April 22, 2025

    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

    • RGTI Stock Surged 30% — Is This the Start of a Quantum Comeback?

    • Three Bearish Candle Patterns Every Investor Should Know

    • These HOT Industry Groups are Fueling This Secular Bull Market

    • Charbone Hydrogene annonce une mise-a-jour sur les reglements de dettes par emission d’unites

    • Charbone Hydrogen Announces Updates on Units for Debts

    • LaFleur Minerals Commences Diamond Drilling at the Swanson Gold Deposit and Completes Independent Valuation of the Beacon Gold Mill

    Categories

    • Business (1,293)
    • Investing (2,692)
    • Politics (3,699)
    • Stocks (1,730)
    • 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