A continuous story beginning in 2004 and progressing through turnaround, operations, listings and international company building to today's portfolio.
Aranak was established by Arvind Misra as the platform through which he would pursue mining investments, operational assignments, corporate restructurings and resources-company opportunities.
This established the foundations of the Aranak model:
Restructure. Rebuild. Access capital.
One of Aranak's formative assignments involved the restructuring and turnaround of the historic Norseman gold business in Western Australia.
The assignment combined mining and operational understanding with corporate restructuring and repositioning.
Following the restructuring, the business progressed to the London AIM market, demonstrating at an early stage the combination of operational and capital-market capability that would subsequently become central to the Aranak model.
Capability demonstrated
Build. Operate. Scale. Learn.
Through Aranak, Arvind subsequently became Managing Director of ASX-listed India Resources Limited, leading the company for approximately a decade.
India Resources established and operated a substantial mining business in India, including the Surda underground copper mine in Jharkhand.
The experience encompassed
The company ultimately experienced substantial regulatory, contractual, payment and industrial difficulties and entered administration in 2017.
A decade operating in India built lessons that still guide Aranak today: jurisdictional risk, counterparty exposure, contractual protection, capital discipline and governance.
Found. Capitalise. List. Expand.
Arvind subsequently founded Belararox Limited, building the company toward its ASX listing in 2022.
Following listing, the company expanded its international exploration portfolio, including acquisitions in Argentina and Botswana. Arvind served as Managing Director from the company's establishment through November 2025.
His role encompassed corporate formation, capital markets, project acquisition, government and stakeholder relationships and international expansion.
Capability demonstrated
More than 20 years after its establishment, Aranak continues to identify, invest in and build resources businesses.
Interests today span
Bring us an opportunity. We work with project vendors, co-investors and partners.
