Mining & Metals
Globex Says Bell Mountain Project Advances to Construction Financing Stage
Globex Mining Enterprises (GMX.TO) said Monday the Bell Mountain gold-silver project in Nevada, on which it holds a 3% gross metal royalty, is fully permitted and has advanced to the construction financing stage, according to operator Lincoln Gold Mining.Lincoln Gold is in the process of arranging financing after consolidating the mineral claims, water pollution control permit, Bureau of Land Management plan of operations, core mineral tenure and principal operational permits, according to Globex.The project is expected to achieve first production and cash flow in 2027, Globex said.Price: $1.96, Change: $+0.03, Percent Change: +1.55%
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