Innovation and private investment in the mineral resources sector
Established in 2013 ACH executed its first deal in late 2014, a Farm-in & Joint Venture agreement in relation to the Foster/Jan nickel and gold project in the Eastern Goldfields of Western Australia.
ACH Global itself continues to research, review and evaluate a range of mineral resource opportunities across Australia. The rationale for this strategy is straightforward. Key commodity price levels have fallen further and faster than many analysts forecast and the negative sentiment that prevailed during much of 2015 appears has continued into 2016. Enterprise and asset values have fallen in lock-step and are at multi-year lows.
Transactional values have maintained these multi-year lows and in response ACH Minerals has now purchased 100% of the Ravensthorpe Gold / Copper Project as announced by Silver Lake Resources Ltd on 15th July 2016. This project offers excellent exposure for the company to mineral inventories of gold, silver and copper as well as exploration potential for other minerals. The company is focussed on reviewing these mineral positions to determine the best path forward during uncertain and volatile times for the relevant commodity prices.
The next 12-18 months will continue to present opportunities for ACH to secure and invest in resource projects that would have been unavailable during the recent “boom” phase of the cycle for Australian mining assets.
CONTACT + 61 8 9226 0887
Suite 5, 11 Ventnor Avenue, West Perth, WA 6005
PO Box 470, West Perth, WA 6872