Welcome to our dedicated page for Goldmining news (Ticker: GLDG), a resource for investors and traders seeking the latest updates and insights on Goldmining stock.
GoldMining Inc. (GLDG) news covers a broad range of updates related to its gold and gold‑copper exploration portfolio across the Americas. As a mineral exploration company listed on the NYSE American and TSX, GoldMining regularly publishes news releases that are also furnished to the U.S. Securities and Exchange Commission on Form 6‑K, giving investors insight into exploration results, project developments and corporate actions.
Recent news has focused on the company’s São Jorge Gold Project in the Tapajós gold district of Pará State, Brazil, where GoldMining has reported initial and follow‑up RC drilling results from multiple new prospects such as Dragon West, William North, William South and Ivonette. These releases describe gold intercepts, geophysical survey results, and the delineation of a broad mineral system defined by soil geochemistry and induced polarization data. Updates also highlight the scale of the São Jorge exploration program, including the use of auger, RC and diamond core drilling and supporting geophysical and mapping work.
News flow also includes project‑level developments elsewhere in the portfolio, such as additional historic drill intercepts and antimony mineralization at the Crucero Project in Peru, and commentary on regional infrastructure initiatives that may benefit the Whistler Gold‑Copper Project in Alaska through U.S. GoldMining. Corporate and capital markets items, including the renewal of an at‑the‑market equity program and early warning reports related to the company’s shareholdings in NevGold Corp., are also disclosed.
Investors following GLDG news can expect regular updates on exploration programs, technical results, project‑level studies, participation in mining conferences, and material corporate changes. This page aggregates those announcements to help readers track how GoldMining advances its portfolio of resource‑stage gold and gold‑copper projects over time.
GoldMining Inc. (NYSE: GLDG) has initiated an exploration drilling program at the La Garrucha target, adjacent to its La Mina project in Antioquia, Colombia. This marks a significant milestone, with plans for approximately 3,600 meters of drilling across six holes aimed at expanding existing resources and improving the project's economic outlook. The core will be processed at La Mina facilities, with samples sent for assaying in Medellín. CEO Alastair Still highlighted the potential to enhance the project's value, which is part of GoldMining's broader strategy to maximize its portfolio across the Americas.
GoldMining has appointed Tim Smith as Vice President Exploration and CEO of its new subsidiary, U.S. GoldMining Inc., to enhance the advancement of the Whistler gold-copper project in Alaska. Smith brings over 25 years of mining experience, having previously led the Coffee Gold Deposit project, acquired for C$520 million in 2016. His expertise in exploration and project management is expected to significantly contribute to GoldMining's goal of unlocking value from its gold and gold-copper assets across the Americas.
GoldMining Inc. has appointed Tim Smith as Vice President Exploration and CEO of its newly established subsidiary, U.S. GoldMining Inc., dedicated to advancing the Whistler gold-copper project in Alaska. Smith brings over 25 years of experience, including leadership roles at Kaminak Gold and Newmont. His track record includes leading the acquisition of the Coffee Gold Deposit for C$520 million in 2016. This leadership change is expected to enhance the company’s exploration efforts and shareholder value through the development of key assets in the Americas.
GoldMining Inc. (GLDG) announces a letter from Chairman Amir Adnani detailing significant advancements and shareholder value from its asset portfolio. With $120 million in cash and securities, GoldMining expects annual dividend cash flow of $1 million from its 20 million shares in Gold Royalty Corp (GROY). The creation of U.S. GoldMining focuses on the Whistler gold-copper Project, projected to attract major mining companies. Additionally, a recent PEA at the La Mina Project suggests a net present value of $232 million. The company continues strengthening its management and technical teams, aiming to enhance project economics.
GoldMining has acquired a 1% net smelter return royalty on its Yarumalito Project in Colombia from Newrange Gold Corp. The transaction involved a payment of CAD$100,000 and the issuance of 10,000 common shares. This acquisition aligns with GoldMining's strategy to consolidate projects in the Mid Cauca Belt, aiming to enhance exploration opportunities and future joint ventures.
The company holds a diversified portfolio of gold and gold-copper projects across the Americas, indicating a focused approach to resource development.
GoldMining Inc. has filed its annual financial statements, management's discussion and analysis, and annual information form for the fiscal year ended November 30, 2021. This includes crucial insights into the company's financial position and operations. The filings are accessible on SEDAR, EDGAR, and the company's website. GoldMining Inc. specializes in the acquisition and development of gold assets across the Americas and holds a diversified portfolio of gold and gold-copper projects in various countries, along with ownership of 20 million shares of Gold Royalty Corp.
GoldMining Inc. has established a new subsidiary, U.S. GoldMining Inc., focused on the Whistler gold-copper Project in Alaska. The board approved its operation as a separate public entity, enhancing value without diluting GoldMining's capital structure. Currently, the Whistler project holds indicated resources of 3.0 million gold equivalent ounces and inferred resources of 6.5 million ounces. Gold prices are near $2,000 per ounce, providing favorable conditions for this development. The subsidiary aims to apply modern geologic models to unlock further potential.
GoldMining Inc. has appointed Eric Chen as Director of Mineral Resources, leveraging his 30 years of expertise in resource geology and mining operations. CEO Alastair Still emphasized Chen's extensive background with major companies, predicting significant benefits for GoldMining's project development and risk management strategies. Chen expressed enthusiasm for joining the seasoned team to advance their portfolio of gold and gold-copper projects across the Americas. GoldMining continues to control a diversified portfolio of resource-stage projects in Canada, the USA, Brazil, Colombia, and Peru.
VANCOUVER, BC, Jan. 24, 2022 /PRNewswire/ - GoldMining Inc. (NYSE American: GLDG) invites investors to its presentation at the TD Securities Virtual Global Mining Conference on January 28, 2022, at 9:50 AM ET. Interested parties can register via this link. A recording of the presentation will be available on the company’s website for 90 days post-conference. GoldMining focuses on gold asset acquisition and development across the Americas, controlling a diversified portfolio of projects.
GoldMining has announced the results of a positive Preliminary Economic Assessment (PEA) for the La Mina Project in Colombia, which estimates production of over 1 million gold equivalent ounces over a 10.4-year mine life. The project is projected to generate a pre-tax NPV of $340 million and an internal rate of return (IRR) of 14.5%. It includes the extraction of over 165 million pounds of copper and over 600,000 ounces of silver. Mining is anticipated to begin within 24 months with a capital cost of approximately $299.5 million.