The ACH group includes a number of subsidiary and associated companies that own or hold the rights to a range of mineral assets in Australia and overseas.
- ACH Minerals was set up to execute a farm-in and joint venture agreement with Silver Lake Resources Ltd on Ravensthorpe Gold / Copper Project in Western Australia; this company has now purchased 100% of the project for A$5.0 million;
- ACH Nickel is focussed on the Foster / Jan Nickel & Gold Project at Kambalda, Western Australia – subject to a farm-in and joint venture agreement with St Ives Gold, a subsidiary of Gold Fields Australia; and
- ACH Gold owns a minority interest in an overseas high-grade gold project subject to development and feasibility studies.
ACH Global continues to review additional mineral resource sector opportunities during the protracted downturn in global commodity prices and the subsequent significant decrease in the value of those mining/exploration companies listed on the public equity markets. A Case Study of the successful application of this strategy by the directors of ACH prior to the establishment of the new company demonstrates the potential value uplift that can be created.