Company Snapshot: Globex Mining Enterprises (GMX)

Commodity prices have been trending higher in recent years, which is good news for mining companies. At the same time, it is very good news for the holders of royalties on mining properties. A royalty is usually based on a percentage of the gross metal production from a mine, or on net smelter (refined) production. The advantage for a royalty […]

Globex Mining Enterprises Inc. (TSX: GMX – $0.41 & OTCQX: GLBXF – $0.33 & Fra: G1MN – €0.26) 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 Company reported revenues for 2017 of $3,682,752 compared to revenues of $1,714,730 in 2016, […]

With an extensive portfolio of more than 160 property holdings, Globex Mining Enterprises Inc. (TSX: GMX – $0.44 & OTCQX: GLBXF – $0.34 & Fra: G1MN – €0.27) investors usually do not have to wait long for news and updates regarding recent activity. This week the Company reported three separate news releases, each involving positive outcomes to build shareholder value. […]

Enforcer Gold (TSX-V: VEIN), which is earning a 100% stake in the Montalembert project from Globex Mining (TSX: GMX – $0.48 & OTCQX: GLBXF – $0.39 & Fra: G1MN – €0.29), has made a potentially significant new discovery at the property. The new area of mineralization, named the OR79 zone, is located approximately 1.5 km (1 mile) west‐southwest of the […]

Mill processing operations at Nyrstar’s Mid-Tennessee zinc mine continue to ramp up. This is excellent news for Globex Mining Enterprises Inc.(TSX: GMX – $0.47 CAD & OTCQX: GLBXF – $0.39 USD & Fra: G1MN – €0.30 EUR), which is entitled to a 1.4% royalty when LME zinc prices are over US$1.10 per lb. The current zinc price has moved up […]

This week, Globex Mining Enterprises Inc. (TSX: GMX – $0.47 & OTCQX: GLBXF – $0.39 & Fra: G1MN – €0.32) issued an update on the status of three projects currently under exploration through option agreements. The first of these, the Parbec Gold property located in Quebec, is optioned to Renforth Resources (CSE: RFR). Parbec is of interest because it is […]

As it had been a few months since our previous interview with Mr. Jack Stoch, the President and CEO of Globex Mining Enterprises (TSX:GMX – $0.43 & OTCQX:GLBXF – $0.32 & Fra:G1MN – €0.27), it was high time to discuss all the exciting developments that had taken place, and will take place in 2018, at the exploration and development project […]

With a diversified suite of property holdings that includes more than 160 separate resource prospects it is no surprise that Globex Mining Enterprises Inc. (TSX:GMX – $0.43 & OTCQX:GLBXF – $0.33 & Fra:G1MN – €0.26) issues a regular stream of news reports. This week the Company released two important updates that are of interest. Successful Completion of Small Equity Offering […]

Globex Mining Enterprises Inc. (TSX:GMX – $0.43 & OTCQX:GLBXF – $0.34 & Fra:G1MN – €0.28) 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. As a result of the restart of Nyrstar’s Mid Tennessee mine in May 2017, Globex anticipates receiving royalties […]

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 […]