Markets.News
Globex Mining Enterprises Inc. provided an update on their financial, option/royalty, and property portfolios. The company has a financial portfolio worth approximately $34.73 million. They hold 110 royalties, with 61 covering gold projects. Their property portfolio consists mostly of 100% owned assets, with 80 focused on gold and six currently under option. Other metals covered include silica, rare earths, nickel, copper, lithium, and antimony. In 2025, they received $3.65 million in cash and $666,895 in shares from option and property sale payments. Globex expends all exploration costs on its projects, thus avoiding significant book value accumulation on assets.