Globex Mining

  • ich werde hier immer wieder mal reinschauen, aber mein Stamm-Thread ist bei wallstreetonline. Dort schreibe ich zeitnaher, z.B. habe ich jetzt einiges eingestellt zu dem WASAMAC Projekt von Agnico,

    hier hat Globex die ehemaligen Minen an - damals- Yamana veroptioniert....

  • Wir haben es ja glaube ich schon besprochen, die 1 % GMR Royalty auf dem Fe-Vanadium-Projekt Mont Sorcier (im Moment im Eigentum von Cerrado Gold, CERT.V) ist ein gut gehütetes Geheimjuwel in der großen Schatzkiste von Globex.

    Die 1 % beziehen sich auf den Fe-Anteil , das wären bei jetzigen Preisen, zw.5-6 Mio CAD pro Jahr.


    Es gibt eine eigene Website https://montsorcierproject.com/


    Heute hat es eine Nachricht zur Verbesserung der Metallurgie ergeben :


    Cerrado Gold Confirms Ability to Produce 67% High Purity, Direct Reduction Iron Grade Concentrates at Mont Sorcier Iron Ore Project in Quebec
    Metallurgical test work confirms DRI grade iron concentrate with combined Silica and Alumina below 2.5% (All numbers reported in US dollars) TORON...
    www.juniorminingnetwork.com


    Zur besseren Einordnung diesen Artikel:

    "Revolutionizing Steel Production with High Purity Iron Concentrates

    The conducted tests, led by Soutex Inc. and SGS Canada, demonstrated the Mont Sorcier project's potential to produce iron concentrate grading 67% iron with low levels of Silica and Alumina. This achievement not only meets but exceeds the requirements for being classified as a DRI grade product. The significance of this development lies in its contribution to the reduction of greenhouse gas emissions in steel production, offering a sustainable alternative to traditional methods.

    With the increasing global demand for Green Steel, the ability to produce such high-grade iron concentrates positions Mont Sorcier favorably in the market. The project's aim to support energy transition through the development of critical and strategic minerals is in line with the Quebec Government's aspirations, highlighting its potential to significantly reduce global emissions.
    Optimizing Production and Enhancing Project Economics

    The metallurgical test work program was meticulously designed to evaluate alternative processing flowsheets to maximize the project's value. Through various stages, including magnetic separation and hydroseparation, the tests successfully produced a concentrate grading 65% Iron with a 75% iron recovery rate. Further testing achieved a 67% iron concentrate with combined silica and alumina grades below 2.3%, marking a significant step forward in the quest for higher purity concentrates.

    CEO and Chairman Mark Brennan expressed satisfaction with the test results, emphasizing the potential demand for Mont Sorcier's concentrates in aiding the global steel markets' shift towards emission reduction. The ongoing focus on flowsheet and grind size optimization is expected to enhance the project's production profile and economics, ensuring its competitiveness and sustainability.
    Looking Towards a Greener Future

    The Mont Sorcier project stands at the forefront of the industry's transition to more environmentally friendly practices. By producing high-grade, low-impurity iron concentrates, Cerrado Gold Inc. is not only poised to meet the growing demand for Green Steel but also to contribute to the decarbonization of the steel production process. The project's success could serve as a model for other mining ventures, highlighting the importance of innovation and sustainability in meeting the challenges of the 21st century.

    As the global community continues to prioritize environmental concerns and emission reductions, projects like Mont Sorcier play a crucial role in shaping the future of industrial practices. Cerrado Gold Inc.'s achievements underscore the potential for mining and metallurgy to evolve in harmony with ecological goals, promising a brighter, greener future for all.



    Cerrado Gold's Mont Sorcier Project Hits Milestone: Confirms Production of 67% High Purity DRI Grade Iron Concentrates
    Discover how Cerrado Gold Inc.'s Mont Sorcier project revolutionizes steel production with High Purity DRI Grade iron concentrates, promising a sustainable…
    bnnbreaking.com

  • Wir haben es ja glaube ich schon besprochen, die 1 % GMR Royalty auf dem Fe-Vanadium-Projekt Mont Sorcier (im Moment im Eigentum von Cerrado Gold, CERT.V) ist ein gut gehütetes Geheimjuwel in der großen Schatzkiste von Globex.

    Ja, und auch, die illiquide Chibougamau Independent Mines CBG.V mit 7 Mio CAD MC hat die anderen 2%, einschließlich Vanadium-Anteil, den GMX an ELEC oder wen auch immer weiterverkauft hat.

    Gruß,

    GL

    Das Publikum... wendet sich von dem Gebrauche des durch die Umlaufmittelvermehrung kompromittierten Geldes ab, flüchtet zum ... Barrenmetall, zu den Sachwerten, zum Tauschhandel, kurz, die Währung bricht zusammen. (Ludwig von Mises)


  • Aber



    False Break oder Fake Breakout? :hae:

    Gruß,

    GL

    Das Publikum... wendet sich von dem Gebrauche des durch die Umlaufmittelvermehrung kompromittierten Geldes ab, flüchtet zum ... Barrenmetall, zu den Sachwerten, zum Tauschhandel, kurz, die Währung bricht zusammen. (Ludwig von Mises)

    2 Mal editiert, zuletzt von GermanLong ()

  • Globex Receives Fayolle Quarterly Royalty Payment, by @GlobeNewswire
    ROUYN-NORANDA, Quebec, March 27, 2024 (GLOBE NEWSWIRE) -- GLOBEX MINING ENTERPRISES INC. (GMX – Toronto Stock Exchange, G1MN – Frankfurt,…
    ceo.ca


    GLOBEX MINING ENTERPRISES INC. (GMX – Toronto Stock Exchange, G1MN – Frankfurt, Stuttgart, Berlin, Munich, Tradegate, Lang & Schwarz, LS Exchange, TTMzero, Düsseldorf and Quotrix Düsseldorf Stock Exchanges and GLBXF – OTCQX International in the US) 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.

    "You`ll own nothing - And you`ll be happy" [wef.ch]

  • Globex Receives Another $3,000,000, by @GlobeNewswire
    ROUYN-NORANDA, Quebec, June 13, 2024 (GLOBE NEWSWIRE) -- GLOBEX MINING ENTERPRISES INC. (GMX – Toronto Stock Exchange, G1MN – Frankfurt,…
    ceo.ca


    GLOBEX MINING ENTERPRISES INC.

    is pleased to inform shareholders that Globex has received the third of four payments, a cash payment of three million dollars ($3,000,000) from Agnico Eagle Mines Limited for the purchase of Globex’s Francoeur/Arntfield/Lac Fortune Gold Mines property located in Dasserat and Beauchastel townships, Quebec.


    The sale was originally announced in a press release dated June 22, 2021.

    Globex retains a 2% Gross Metal Royalty on all potential production from the property.

    Globex also holds 24,639 shares of Agnico Eagle at a current price of $90.17 with a market value of $2,221,169.60 and 105,074 shares of Pan American Silver at a current price of $27.77 with a market value of $2,917,904.98. These shares which have a current total value of $5,139,074.58, were received in exchange for 706,714 Yamana Gold Inc. shares, the original purchaser of the property which had a market value of $4,000,000 at that time. Holding the shares rather than selling them has resulted in a market gain of $1,139,000 for Globex. Taxes on the entire $15,000,000 purchase price was paid up front so, the funds currently received are in essence tax free.

    "You`ll own nothing - And you`ll be happy" [wef.ch]

  • Globex Receives First 2024 Fayolle Royalty Payment, by @GlobeNewswire
    ROUYN-NORANDA, Quebec, June 27, 2024 (GLOBE NEWSWIRE) -- GLOBEX MINING ENTERPRISES INC. (GMX – Toronto Stock Exchange, G1MN – Frankfurt,…
    ceo.ca


    GLOBEX MINING ENTERPRISES INC. (GMX – Toronto Stock Exchange, G1MN – Frankfurt, Stuttgart, Berlin, Munich, Tradegate, Lang & Schwarz, LS Exchange, TTMzero, Düsseldorf and Quotrix Düsseldorf Stock Exchanges and GLBXF – OTCQX International in the US) is pleased to inform shareholders that we have received the first 2024 quarterly (January 1 to March 31) royalty payment from IAMGOLD Corporation related to Globex’s 2% NSR royalty on the Fayolle Gold Deposit currently in production. This first 2024 quarterly payment is $363,923.08 approximately $125,000 more than the $238,794.89 October to December 2023 quarterly payment received in March 2024.

    "You`ll own nothing - And you`ll be happy" [wef.ch]

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