Company Snapshot: Globex Mining Enterprises (GMX)

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 […]

In March of this year, Globex Mining Enterprises Inc. (CA: GMX – $1.44 & US: GLBXF – $1.17 & GER: G1MN – €0.93) reported a blockbuster agreement to vend the Middle Tennessee Mines Royalty (MTM) to Electric Royalties Ltd (ELEC)>. The parties agreed that in return for the royalty, Globex would receive a non-refundable deposit of $250,000 while ELEC would […]

A bull market is now in process for nearly all resources. As the market price for various metals and minerals continues to race higher, the junior mining and exploration stocks with established leverage to mineral property interests are also becoming more attractive to investors. This trend may still be in the early stage and that is very good news for […]

With a multifaceted approach to building shareholder value, Globex Mining Enterprises Inc. (CA: GMX – $0.76 & US: GLBXF – $0.60 & GER: G1MN – €0.52) has been very active during the early stages of this resource bull market. The Company controls a large portfolio of resource properties and most of these holdings were acquired by staking. This affords Globex […]

Several transactions in recent months have contributed to the strong stock price performance of Globex Mining Enterprises Inc. (CA: GMX – $1.04 & US: GLBXF – $0.82 & GER: G1MN – €0.71). In tandem with the ongoing bull market in the resource sector, the value of these deals is also increasing. However, this week, Globex outdid itself as it announced […]

Globex Mining Enterprises Inc. (CA: GMX – $0.77 & US: GLBXF – $0.59 & GER: G1MN – €0.48) 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. The value proposition for Globex is enhanced by the strategy to build diversification amongst the […]

The successful project generator business model employed by Globex Mining Enterprises Inc. (CA: GMX – $0.84 & US: GLBXF – $0.67 & GER: G1MN – €0.54) has resulted in a steady pace of property transactions in recent years. The renewed bull market for mineral resources has certainly contributed favorable conditions for the strategy. This week Globex announced yet another transaction, […]

The Silver City project is a case study for the business model employed by Globex Mining Enterprises Inc. (CA: GMX – $0.67 & US: GLBXF – $0.52 & GER: G1MN – €0.41) to create shareholder value. Located in Saxony Germany, the property features numerous formerly producing high-grade silver mines with a history of operations spanning centuries. Many of the resource […]

With its extensive suite of exploration properties and royalty holdings, it seems there is always work underway of interest to shareholders of Globex Mining Enterprises Inc. (CA: GMX – $0.70 & US: GLBXF – $0.53 & GER: G1MN – €0.43). Ongoing exploration activity at several wholly owned properties directly contributes to value creation at the discovery level. Meanwhile, joint venture […]