12:12 PM EDT, 07/21/2025 (MT Newswires) -- (Updates shares.)

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 climbed 37% over 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 ( GLDG ) shares were last seen up $0.055 to $1.105 on the Toronto Stock Exchange.

Price: 1.11, Change: +0.05, Percent Change: +5.24