KUALA LUMPUR: Jewellery trader Niche Capital Emas Holdings Bhd is planning to venture into the gold mining business.
The company told Bursa Malaysia on Wednesday that it has entered into a Joint Venture Agreement (JVA) with Spate Precious Metals Sdn Bhd to undertake a gold mining project in Tanah Merah, Kelantan.
The group said it has been given access, through the JVA, to mine on an area measuring approximately 50 hectares which is part of the 547.4 hectares Sokor North area. The Group will undertake further exploration studies on the Mining Area to identify specific mineral deposits areas. Barring any unforeseen circumstances, the Group expects its Mining Business to contribute towards its earnings in 4th quarter 2021, it said.
Braskem
Renato T. Goebel holds a degree in Chemical Engineering from Escola de Engenharia Maua (EEM), postgraduate in Administration at the Fundacao Getulio Vargas (FGV) in Brazil and an MBA from Marshall School of Business – USC in USA together with Jiaotong University in Shanghai, China. He worked in several multinational companies such as Embraer, Klabin and Votorantim group. Started his carrier in Brazil in the procurement and supply chain area, moving to China on 2007 to open Votorantim International’s office in Shanghai. He joined Braskem in 2016 as Asia Commercial Manager for the Chemical business unit, based in Singapore. Under his leadership, Asia market relevance and importance grew inside Braskem and currently is looking for opportunities through strategic projects to strengthen the company’s presence in Asia. He is Braskem´s head of Asia Market for Chemicals since May 2018 and supporting the Feedstock and Chemicals Recycle teams since 2020.