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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 CTPJV. On 3 December 2025, MGX reported
that it received approval from the Foreign Investment
Review
Board for an acquisition for Northern
Star’s 50%
interest in
CTPJV, and the transaction
was completed in February 2026.
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 2026, the Renison mine produced 5,644 tonnes of tin (net 50% basis), stable year-on-year. While production had been constrained by equipment availability and stope sequencing delays, the impacts have been offset by slightly higher milled grade.
Dragon Mining (HKEX:1712) (27.7%)
The principal activity of Dragon Mining is gold mining, processing and exploration in the Nordic region. Dragon Mining operates in Finland and Sweden. In Finland, the Vammala Production Centre consists of a conventional 300,000 tonnes per annum crushing, milling and flotation plant, the Jokisivu Gold mine and the Uunimäki Gold project. Annual production from Dragon Mining is in the range of 20,000 to 30,000 ounces of gold in concentrate depending on the grade of ore and gold concentrate feed. In Sweden, the operation is known as the Svartliden Production Centre, consisting of a 300,000 tonnes per annum carbon-in-leach processing plant and the Fäboliden Gold mine where a campaign of test-mining was completed in September 2020.
Prodigy Gold (ASX : PRX) (30.7%)
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 1.05
million
ounces across its Hyperion, Tregony, Buccaneer and Old
Pirate projects.
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APAC
Resources’ 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 MGX (38.4%), Tanami Gold (46.3%), Metals X (23.3%), Dragon Mining (27.7%) and Prodigy Gold (30.7%).