07:06 AM EDT, 07/21/2025 (MT Newswires) -- GoldMining ( GLDG ) on Monday said it is advancing its gold-copper strategy across the Americas in response to near-record-high copper prices, which have risen about 20% in the past year.
The price increase has been driven by intensifying copper demand due to global electrification, clean energy deployment and U.S. trade policy, the company said. As a result, GoldMining ( GLDG ) is working to leverage its portfolio of resource-stage gold and gold-copper projects to unlock value for shareholders.
The company's holdings include 100%-owned projects with estimated mineral resources of over 1.2 billion pounds of copper in measured and indicated categories and a further 0.5 billion pounds in the inferred category.
GoldMining ( GLDG ) also has a strategic ownership of about 79% of U.S. GoldMining Inc., which owns the Whistler gold-copper project in Alaska. The project hosts over 1 billion pounds of copper in estimated indicated resources and over 300 million pounds of copper in estimated inferred resources, alongside gold and silver.
GoldMining's ( GLDG ) portfolio includes over a dozen projects located in tier-one mining jurisdictions. The company's aggregated estimated mineral resources include roughly 12 million gold equivalent ounces in the M&I categories and a further 9.1 million gold equivalent ounces in the inferred category.
GoldMining's ( GLDG ) share price at last look gained 2.8% to US$0.29 in U.S. pre-market trading on Monday.