Company Snapshot: Globex Mining Enterprises (GMX)

The Chibougamau mining camp, owned by Chibougamau Independent Mines Inc. (TSX-V: CBG), consists of several distinct project sites, which are located within the Abitibi, approximately 15 kilometers from the town of Chibougamau, in Quebec, Canada. The camp, which totals 10,349 hectares, includes five former mines, two unmined deposits (one copper-gold, one zinc-gold-silver) the down dip of three former sizable producers […]

With recent strength in both gold and capital markets, plenty of option & royalty partners of Globex Mining Enterprises (TSX:GMX – $0.55 & OTCQX:GLBXF – $0.41 & Fra:G1MN – €0.37), are again advancing their projects. This is obviously excellent news for the North America focused exploration and development project generator, as it will generate cash payments, royalty income when projects […]

Globex Mining Enterprises Inc. (TSX:GMX – $0.54 & OTCQX:GLBXF – $0.43 & Fra:G1MN – €0.40) is a North American focused exploration and development project generator. A project generator’s business model is to acquire mineral properties, and to advance them, either to production or to ready them for optioning, joint venturing, or outright sale to a third party resource company. The […]

The resource sector is picking up speed again. Especially zinc and copper prices have gone up significantly. And also gold and silver have clearly come off their lows after several dreadful years for most companies in the industry. Indeed, most companies, not all. Take, Globex Mining Enterprises Inc. (TSX:GMX – $0.53 & Fra:G1MN – €0.34 & OTCQX:GLBXF – $0.34) for […]