GoldMining Inc. SEC Filings

GoldMining Inc. reported larger losses for the three and six months ended May 31, 2026, as exploration and share-based compensation increased. Net loss was C$8,772 thousand for the quarter and C$16,541 thousand for the six-month period, versus C$1,806 thousand and C$4,614 thousand in the prior year.

Total assets were C$242,693 thousand, slightly above November 30, 2025, with short-term investments rising to C$60,158 thousand after reclassifying NevGold into current holdings and long-term investments in Gold Royalty Corp. at C$96,546 thousand. Cash and cash equivalents were C$21,442, and working capital was C$82,091.

Management revised the classification of U.S. GoldMining warrants as derivative liabilities measured at fair value through profit or loss, revising prior-period figures. Fair-value changes generated gains of C$1,865 thousand this quarter and C$1,342 thousand year-to-date as the warrants were exercised or expired, and the derivative liability is now nil. Exploration expenses reached C$4,727 thousand for the six-month period, led by spending at the Whistler and São Jorge projects, while equity financings under at-the-market programs provided additional liquidity.

GoldMining Inc. provides a mid-year 2026 update highlighting financial strength and project progress. The company reports no debt and approximately US$185 million in cash and publicly traded securities, a balance that nearly matches its US$191 million market capitalization as of June 24, 2026.

The portfolio includes a large global resource base of 13.1 million gold-equivalent ounces in measured and indicated categories and 9.0 million ounces inferred. Recent preliminary economic assessments outline conceptual NPV5% values of US$532 million for São Jorge, US$1.0 billion for La Mina, and US$2.0 billion for the Whistler Gold-Copper Project through 74%-owned U.S. GoldMining.

Three drill rigs are currently operating in Brazil and Colombia, with additional rigs mobilizing in Alaska, and a 1,200 metre drill program is underway at Yarumalito. The company plans to advance São Jorge toward pre-feasibility and permitting and continues to evaluate options for unlocking value from non-core assets and its Yellowknife Gold Project.

GoldMining Inc. released a preliminary economic assessment for its São Jorge gold project in Brazil, outlining an after-tax net present value (NPV 5%) of $532.5 million and a 42.4% after-tax internal rate of return at a gold price of $3,500/oz. The study contemplates a 10.6-year open-pit mine with total production of 543.2 thousand ounces of gold, averaging 53.4 thousand ounces annually in the first five years and life-of-mine average production of 51.2 thousand ounces, at all-in sustaining costs of $1,464 per ounce payable. Initial capital expenditure is estimated at $202.2 million, with total capital of $267.2 million including sustaining and closure costs, and an after-tax payback period of 2.83 years. GoldMining emphasizes that the PEA is preliminary in nature, relies in part on Inferred Mineral Resources, and there is no certainty the economic projections will be realized.

GoldMining Inc. filed an NI 43-101 Technical Report and updated Preliminary Economic Assessment for its 100%-owned La Mina gold-copper project in Colombia, outlining robust project economics. The PEA shows an after-tax NPV (5%) of $1.0 billion and after-tax IRR of 32.2% based on a 15,000 tpd open-pit operation over an 11.2-year mine life.

La Mina’s Mineral Resources, at a 0.30 g/t gold cut-off, total 33.8 Mt of Indicated and 56.2 Mt of Inferred material, feeding projected life-of-mine production of 1.29 Moz of gold, 203.9 Mlb of copper and 2.98 Moz of silver. Pre-production capital is estimated at $523.3 million with life-of-mine cash costs of $872/oz and AISC of $1,045/oz. The study is preliminary, relies partly on Inferred Mineral Resources and does not establish Mineral Reserves, but it supports advancing La Mina to pre-feasibility with a recommended Phase 1 work program of $4.55 million.

GoldMining Inc. has started a 2026 exploration core drilling program at its 100%-owned Yarumalito gold-copper project in Colombia’s Mid Cauca belt. The work tests a refined geological model focused on the P-1 intrusive host unit and nearby epithermal veins.

The existing mineral resource estimate at Yarumalito totals 66.3 million tonnes at 0.58 g/t gold and 0.09% copper, for 1.23 million ounces of inferred gold and 129 million pounds of inferred copper, based on about 18,000 m of historical core drilling. The new program plans approximately 1,200 m in three porphyry-focused holes plus a fourth hole targeting mapped epithermal veins.

GoldMining Inc. reported the results of its May 14, 2026 annual shareholder meeting. A quorum representing 27.04% of votes attached to outstanding shares was present in person or by proxy.

All six management-nominated directors were elected, each receiving strong support between 91.84% and 99.03% of votes cast. Amir Adnani received 25,742,480 votes for, while Mario Bernardo Garnero received 27,757,943 votes for, the highest support level at 99.03% of 28,029,762 votes cast.

Shareholders also approved the appointment of PricewaterhouseCoopers LLP, Chartered Professional Accountants, as auditor for the ensuing year, with 56,888,020 votes for and 982,141 votes withheld. GoldMining describes itself as a public mineral exploration company focused on acquiring and developing gold and gold-copper assets across the Americas.

GoldMining Inc. released an updated preliminary economic assessment for its La Mina gold-copper project in Colombia, outlining an after-tax net present value (NPV 5%) of $1.0 billion and after-tax internal rate of return (IRR) of 32.2% at base-case metal prices.

The study contemplates an 11.2-year open-pit mine life, processing 61.3 Mt of ore at 15,000 tpd, with average life-of-mine annual production of 137.0 koz gold equivalent, including 107.7 koz gold, 17.0 Mlbs copper and 248.6 koz silver. Initial capital is estimated at $523.3 million, sustaining capital at $166.0 million and closure at $49.8 million, for total capital of $739.1 million. Operating costs average $29.50/t milled, with total cash costs of $872/oz gold and all-in sustaining costs (AISC) of $1,045/oz gold on a by-product basis.

At higher spot-price assumptions, after-tax NPV (5%) increases to $1,804.1 million and after-tax IRR to 49.1%, with payback improving from 2.7 to 1.9 years. The PEA is preliminary, relies in part on Inferred Mineral Resources and there is no certainty the economic results will be realized.

GoldMining Inc. filed a Form 6-K reporting its unaudited results for the three months ended February 28, 2026. The company recorded a net loss of $7.25 million and an operating loss of $7.29 million, mainly driven by higher exploration spending and share-based compensation.

Cash and cash equivalents were $26.1 million, with working capital of $52.8 million. GoldMining continued to fund itself through equity, issuing 4.29 million shares under its 2025 at-the-market program for gross proceeds of $9.32 million. Despite the loss, strong equity gains, particularly on Gold Royalty Corp., lifted total comprehensive income to $3.56 million.

GoldMining Inc. is calling its annual shareholder meeting for May 14, 2026 at 12:00 p.m. Vancouver time at its Vancouver head office. Shareholders of record on March 20, 2026 can vote, with a quorum set at two persons representing at least 5% of voting shares.

The circular outlines voting procedures for registered and beneficial holders, use of electronic "notice-and-access" for meeting materials, and proposals including electing six directors and reappointing PricewaterhouseCoopers LLP as auditor. As of March 20, 2026, the company had 213,999,916 common shares outstanding. Detailed disclosure is provided on executive and director compensation, stock option and restricted share plans, board independence, and governance policies such as clawbacks, anti-hedging, and cyber-risk oversight.