Company Snapshot: Globex Mining Enterprises (GMX)

Among the many attributes of Globex Mining Enterprises Inc. (CA: GMX – $1.12 & US: GLBXF – $0.96 & GER: G1MN – €0.79) that attract investor interest, it is the exceptional internal diversification to various resources that is unique within the junior mining sector. The commitment to build an enormous portfolio of property and royalty assets has positioned the Company […]

Earlier this summer Globex Mining Enterprises Inc. (CA: GMX – $0.98 & US: GLBXF – $0.79 & GER: G1MN – €0.66) reported what appeared to be a relatively minor transaction to acquire the Rouyn Merger gold property in Quebec. Comprising 49 claims, covering an area of more than 1,500 hectares, Rouyn Merger is situated within the prolific Abitibi Greenstone Belt. […]

Advancement of the Mont Sorcier iron ore project has remained the focus for Vanadium One Iron Corp [VONE] throughout the year. This week the company issued an update on progress for an extensive infill drilling program at the property. A total of 34 drill holes have been completed in this program targeting the North Zone of the deposit area. Assay […]

With a large portfolio of exploration properties and royalty interests, Globex Mining Enterprises Inc. (CA: GMX – $1.07 & US: GLBXF – $0.86 & GER: G1MN – €0.69) is ideally positioned to participate in the current resource sector bull market. The strategy to acquire attractive property interests at minimal cost when the sector is at a low, is now paying […]

In what amounts to a breakthrough year, shares of Globex Mining Enterprises Inc. (CA: GMX – $1.08 & US: GLBXF – $0.85 & GER: G1MN – €0.72) have consolidated somewhat this month after a significant surge in price. The rise in shareholder value is no surprise as in recent months Globex has reported deals that resulted in significant capital gains […]

So far, in 2021 Globex Mining Enterprises Inc. (CA: GMX – $1.07 & US: GLBXF – $0.88 & GER: G1MN – €0.73) has achieved some significant property transactions. The Company is continuing this trend as it has now vended the Eagle Gold Mine to Maple Gold Mines Ltd. [MGM]. The transaction is valued at $1.2 million and in addition, Globex […]

Globex Mining Enterprises (CA: GMX – $1.18 & US: GLBXF – $0.94 & GER: G1MN – €0.77) is truly on a roll. After vending its Francoeur/Arntfield/Lac Fortune (FALF) gold property and Middle Tennessee Mines Royalty for over $30 million earlier this year, it now has sold its Tarmac Gold Property to Wesdome Gold Mines [WDO] for one million dollars and […]

One of the benefits of the project generator business model is that multiple properties are actively advanced at the same time through partnerships with other companies. Globex Mining Enterprises Inc. (CA: GMX – $1.15 & US: GLBXF – $0.92 & GER: G1MN – €0.74) has arranged numerous property deals in recent quarters under this strategy. Transaction terms commit partner companies […]

Earlier this year, shareholders of Globex Mining Enterprises Inc. (CA: GMX – $1.37 & US: GLBXF – $1.10 & GER: G1MN – €0.91) were the beneficiaries of a major royalty transaction. The Company announced an agreement to vend its interest in the Middle Tennessee Mines royalty to Electric Royalties Ltd. A significant cash payment has already been received by Globex. […]

In another lucrative deal, Globex Mining Enterprises Inc. (CA: GMX – $1.34 & US: GLBXF – $1.10 & GER: G1MN – €0.94) has sold the McNeely Lithium project, consisting of 66 mining claims in the La Corne, Landrienne and Figuery townships, Quebec to First Energy Metals Limited (FE). Globex sold the property for no less than a cash payment of […]