TORONTO, Feb. 03, 2025 (GLOBE NEWSWIRE) -- EnviroGold Global Limited (CSE: NVRO | OTCQB: ESGLF | FSE: YGK) (“EnviroGold,” or the “Company”), a clean technology company that transforms mine waste and tailings into valuable resources while minimising environmental and social liabilities, reaffirms its strong position in the face of global trade uncertainties, emphasizing its insulation from U.S. tariffs and the positive impact of a stronger U.S. dollar on its operations. As a Canadian-listed company with a mostly Australian cost base, EnviroGold benefits from a cost structure denominated in Australian dollars while receiving payments in U.S. dollars for its license fees and services. This natural hedge minimises the impact of trade-related disruptions and provides financial stability, regardless of shifts in tariff policies.
CEO, David Cam said, “A stronger U.S. dollar enhances the Company’s competitive advantage by increasing the relative value of its revenues when converted to Australian or Canadian dollars. This dynamic supports improved margins and cash flow, reinforcing EnviroGold’s ability to invest in growth initiatives and shareholder returns. With a diversified operational footprint and a strategic financial structure, EnviroGold remains well-positioned to capitalise on favourable currency movements while maintaining resilience against trade policy fluctuations”.
About EnviroGold Global
EnviroGold Global is a cutting-edge technology company revolutionising the mining industry by unlocking valuable metals from mine waste and tailings while mitigating environmental liabilities. Leveraging proprietary technology, EnviroGold meets the rising demand for precious and critical metals while addressing the growing call for sustainable mining practices. Operating on a technology licensing model with minimal capital requirements, the company is poised to become a global leader in mining innovation, delivering long-term shareholder value.
