Uncategorized
Globex Receives Fayolle Quarterly Royalty Payment
GLOBEX MINING ENTERPRISES INC. (TSX:GMX) (FRA:G1MN) (OTCQX:GLBXF) is pleased to update shareholders as regards revenue from the Fayolle gold/silver deposit currently being mined by IAMGOLD in Clericy township, Quebec. The deposit is being mined by the open pit method with the ore being transported to IAMGold’s Westwood mill.
Globex has just received the quarterly royalty payment for the October to December 2023 period. An amount of $238,794.89 was directly deposited into Globex’s bank account. This is the largest payment to date as the mining and processing of Fayolle’s gold/silver ore has ramped up. Globex retains a 2% net smelter royalty on all mineral production from the Fayolle property.
This press release was written by Jack Stoch, Geo., President and CEO of Globex.
Posted March 28, 2024
MORE or "UNCATEGORIZED"
Namibia Critical Metals Announces Completion of Japan's C$23 Million Earn-In and Formation of Strategic Joint Venture Company for the Lofdal Heavy Rare Earth Project
Namibia Critical Metals Inc. (TSX-V: NMI) (OTCQB: NMREF) is pleased to announce that Japan Organizat... READ MORE
July 31, 2026
Eldorado Gold Reports Solid Q2 2026 Financial and Operational Results; Skouries On Track for Q3 2026
Eldorado Gold Corporation (TSX: ELD) (NYSE: EGO) today reports the Company’s financial and operati... READ MORE
July 31, 2026
DPM Metals Reports Record Q2 2026 Free Cash Flow and Earnings; Vareš On-Track to Achieve Full Production by Year-end 2026
DPM Metals Inc. (TSX: DPM) (ASX: DPM) announced its operating and financial results for the second q... READ MORE
July 31, 2026
IMC Rare Earths Ltd Announces Closing of $20 Million Initial Public Offering
IMC Rare Earths Ltd, a company focused on the mineral exploration and development of magnet rare ear... READ MORE
July 31, 2026
Fairchild Gold Announces Closing of Private Placement Financing and Early Warning Report
Fairchild Gold Corp. (TSX-V: FAIR), is pleased to announce the closing, on July 29, 2026, of its pre... READ MORE
July 31, 2026
