Company Snapshot: Globex Mining Enterprises (GMX)

What a week for Globex Mining Enterprises Inc. (TSX:GMX – $0.46 & OTCQX:GLBXF – $0.35 & Fra:G1MN – €0.31). The well-diversified project generator (Property Bank) has received, or will soon receive, over $885,000 in cash and close to $600,000 worth in shares from option partners. Moreover, the Company acquired from Monarques Gold Corp., (TSXV – MQR) the 1.5% Net Smelter […]

Globex Mining Enterprises Inc. (TSX:GMX – $0.52 & OTCQX:GLBXF – $0.44 & Fra:G1MN – €0.36), a well-diversified generator of successful junior mining projects, published promising assay results of channel sampling from the most eastern trench excavated on its Francoeur/Arntfield gold property. Remember that a few weeks ago, Globex commenced excavating three 100 metre long trenches in an area where no […]

When investors think about mining in Europe, they will most likely end up with an image of gold or silver mines in the Middle Ages when those particular commodities were used as currency. Globex Mining Enterprises Inc. (TSX:GMX – $0.52 & OTCQX:GLBXF – $0.44 & Fra:G1MN – €0.36) on the other hand sees a 21st century investment opportunity. Just this […]

Globex Mining Enterprises Inc. (TSX:GMX – $0.56 & OTCQX:GLBXF – $0.46 & Fra:G1MN – €0.37) is a North American focused exploration and development project generator. The Company has an exceptionally well-diversified portfolio of assets, with exposure to a wide range of commodities. Revenues for the second quarter, ended June 30, 2017 were $668,147 up 40.5% compared to $475,442 in second […]

Globex Mining (TSX: GMX – $0.51 & OTCQX: GLBXF – $0.40 & Fra: G1MN – €0.34), received an impressive royalty payment of CDN$121,917 (US$96,081) from zinc production at the Mid Tennessee Mines during the month of July. The Mid Tennessee Mines, owned and operated by Nyrstar NV (OTC – NYRSY), were shut down in 2015 due to low zinc prices. […]

Globex Mining Enterprises (TSX: GMX – $0.53 & OTCQX: GLBXF – $0.43 & Fra: G1MN – €0.34), a project generator (Property Bank) that owns a well-diversified portfolio of North American mid-stage exploration, development and royalty properties, has commenced excavating of three 100 metre long trenches at its Francoeur/Arntfield gold property in Quebec, Canada. An area of 100 m by 70 […]

Being a Globex Mining (TSX: GMX – $0.45 & OTCQX: GLBXF – $0.37 & Fra: G1MN – €0.30) shareholder is a lot of fun. There is never a dull moment, as either the Company itself is advancing one of its properties, or an option partner is. A couple of days ago, for example, Renforth Resources (CSE – RFR) discovered new […]

Chalice Gold Mines (TSX-V: CXN) will soon commence a AUD$5 (CAD$4.92) million exploration program to rapidly advance the East Cadillac and Kinebik gold projects, hosted in the prolific Abitibi Greenstone Belt, in Quebec, Canada. Chalice currently options the East Cadillac property from Globex Mining Enterprises (TSX: GMX – $0.50 & OTCQX: GLBXF – $0.36 & Fra: G1MN – €0.32). The […]

Globex Mining Enterprises (TSX: GMX – $0.48 & OTCQX: GLBXF – $0.39 & Fra: G1MN – €0.34), a well-known project generator that owns a well-diversified portfolio of North American mid-stage exploration, development and royalty properties, has completed a private placement of 1,119,718 shares at a price of $0.71 per share for total proceeds of $795,000. The transaction price represents an […]

Globex Mining Enterprises Inc. (TSX:GMX – $0.52 & OTCQX:GLBXF – $0.40 & Fra:G1MN – €0.34) is a North American focused exploration and development project generator. The Company has an exceptionally well-diversified portfolio of assets, with exposure to a wide range of commodities. In the first quarter, ended March 31, 2017, revenue totaled $480,394 which was $425,394 higher than the $55,000 […]