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Tanami Gold (ASX: TAM) (46.3%)
An ASX listed company. The principal business
activity is gold exploration and currently its key project is
50% of the Central Tanami Project.
In May 2021, Tanami Gold entered into a binding
agreement with Northern Star Resources Limited (“Northern Star”) (ASX: NST) to establish a new 50-50 Joint Venture
covering the Central Tanami Project (“CTPJV”). On 16 July 2025, Mount Gibson has announced reaching agreement to
acquire 50% of the CTPJV plus adjacent wholly owned exploration tenements from Northern Star.
Metals X (ASX:
MLX)
(23.3%)
An ASX
listed company. Metals X is
focused on implementing its life of mine plan at Renison mine, including the development of the high-grade Area 5 deposit.
In the twelve months ended June 2025, the Renison mine produced 5,692 tonnes of tin (net 50% basis), at all-in sustaining
costs of A$29,459 per tonne against a tin price of A$48,553 per tonne for imputed EBITDA of A$274 million.
Dragon Mining (HKEX:1712) (29.7%)
The principal activity of Dragon Mining is gold exploration, mining, and processing in the Nordic region. Dragon Mining
operates gold mines and processing facilities in Finland and Sweden. In Finland, the Vammala Production Centre consists
of a onventional 300,000 tonnes per annum crushing, milling and flotation plant, the Jokisivu Gold mine, the Orivesi Gold
mine which ceased production in June 2019, and the Kaapelinkulma Gold mine which ceased production in April 2021, and
the Uunimäki Gold project.
Prodigy Gold (ASX : PRX) (29.6%)
Prodigy Gold is a gold
exploration company listed on the ASX. It holds a large
footprint of exploration tenements in the
Tanami region in the Northern Territory, Australia, and a
JORC (Joint Ore Resources Committee) resource of 1.03
million
ounces across its Hyperion, Tregony, Buccaneer and Old
Pirate projects.
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APAC’s Primary Strategic Investments are related to the growing demands from China. Our investment approach is to establish early positions with future winners in global markets and also to invest in cash flow producing assets in the natural resource sector. This in time will provide us off-take opportunities to distribute to China through our Commodity Business. Primary Strategic Investments include Mount Gibson (38.4%).