Core Insights - Globex Mining Enterprises Inc. provides an update on the Parbec gold royalty property, which is being developed by Renforth Resources Inc. in Quebec [1][4] Group 1: Property Overview - The Parbec property is located approximately 6 km northwest of the Canadian Malartic Gold Mine and straddles the Cadillac Break, a significant geological feature for gold localization [2] - Globex retains a 3% Gross Metal Royalty on all production from the Parbec property [2] - A NI 43-101 Technical Report indicates a Measured and Indicated Resource of 9.61 million tonnes (MT) grading 0.86 grams per tonne (g/t) gold, equating to approximately 265,800 ounces of gold, and an Inferred Resource of 2.55 MT grading 1.18 g/t gold, equating to approximately 97,000 ounces of gold [2] Group 2: Current Activities - Renforth is currently stripping an area of approximately 325 meters by 120 meters to expose part of the Cadillac Break gold deposit, with outcrop cleaning and channel sampling expected to commence in April [3] - The stripping is anticipated to provide significant new structural and geological data to support Renforth's 2026 drill program [3] Group 3: Project Advancement - Globex expresses satisfaction with the steady advancement of the Parbec project, which has both open-pit potential and existing underground access via a ramp to the mineralized zone [4] - The proximity of the deposit to the Town of Malartic, along with available infrastructure, skilled labor, and supplies, is viewed as advantageous for future development [4]

Mining Industry Impact - Zimbabwe's new gold royalty linked to bullion price is expected to negatively impact the profits of large miners [1] - The policy is implemented in a mineral-rich nation currently benefiting from a precious metal market rally [1]

Core Insights - Tether remains the largest stablecoin by market cap and trading volume, with over $183 billion in circulation, indicating its significant influence on the cryptocurrency market [2] - Tether's reserves are primarily backed by US Treasuries, accounting for over 74% of its assets, positioning it as the 17th largest holder of US Treasuries globally [2] - Tether is actively investing in gold, holding nearly $13 billion, which represents approximately 7.1% of its reserves, and aims to increase its gold holdings [3][4] Tether's Investment Strategy - Tether's strategy includes acquiring gold, which may elevate its status among the largest gold holders, potentially surpassing some sovereign nations [4] - The company has significant stakes in gold royalty companies, owning over 50% of Elemental Altus Royalties and 4.6% of Metalla Royalty, providing exposure to mining production without operational risks [5] - Tether's recent acquisition of shares in GROY Gold Royalty Corp has raised concerns regarding its ambitions for control, as it increased its stake to over 10% [6][7]

Core Viewpoint - Elemental Altus Royalties Corp. has received regulatory approval for the Karlawinda Expansion Project, which is expected to increase annual gold production by approximately 25% to 150,000 ounces per annum, benefiting the company through its 2% net smelter return royalty [1][3][6]. Group 1: Project Details - The Karlawinda Expansion Project includes expanded mining activities at the existing Bibra pit and further development at the Southern Corridor and Berwick open pits [3][6]. - Capricorn Metals plans to increase mill throughput from 4 million tonnes per annum (Mtpa) to 6.5 Mtpa, which will lift gold production to approximately 150,000 ounces per year [6]. - Construction of a second tailings storage facility and a parallel crushing and milling circuit is part of the expansion, designed to maximize the use of existing infrastructure [3][6]. Group 2: Financial and Operational Impact - The expansion is expected to be completed over a 12-month development timeline, with procurement and early site works already underway [4][6]. - The announcement of the expansion follows a 15% increase in Mineral Reserves to 1,428 thousand ounces of gold, with a total of 57.7 million tonnes at a grade of 0.8 g/t Au [5][6]. - Indicated Resources have increased to 1,965 thousand ounces of gold in 85 million tonnes at a grade of 0.7 g/t Au, while Inferred Resources include an additional 287 thousand ounces of gold [5].