NGEx Minerals Ltd.
20.17
CAD
-1.87
(-8.48%)
NGEx Minerals Ltd.
NEO:NGEX
(Cboe Canada)
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20.17
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ROIC.AI
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- Business
- NGEx Minerals Ltd. is a Canada-based mineral exploration company focused on the acquisition, exploration, and development of high-grade copper, gold, and silver projects in South America, principally within the Vicuña District that spans Argentina and Chile. Its core assets include the Lunahuasi copper-gold-silver project in San Juan Province, Argentina, and the Los Helados copper-gold development project in Region III, Chile, where it holds a majority interest. The company is engaged in systematic exploration activities including extensive drilling programs to define and expand mineral resources. Founded in 2013 and headquartered in Vancouver, Canada, NGEx Minerals is a member of the Lundin Group of Companies. The company emphasizes aggressive exploration and project development to advance its high-grade deposits, particularly at Lunahuasi, which was discovered in early 2023 and rapidly established as a cornerstone asset with exceptional grades and significant scale potential. Recent major corporate developments include the successful closure of an oversubscribed non-brokered private placement in October 2024, which raised approximately CAD 176.9 million to finance expanded Phase 3 and subsequently Phase 4 drilling programs at Lunahuasi. Additionally, in 2025, NGEx completed the spin-out of LunR Royalties, a move that strategically separates royalty interests to enhance operational focus and shareholder value. The company continues to expand its resource base through stepped-up drill campaigns, with ongoing exploration supported by a solid balance sheet and financial position. NGEx Minerals operates in the basic materials sector within the mining industry, targeting global demand driven by copper and gold for electrification and renewable energy applications. Its business approach combines the discovery and definition of new world-class mineral resources with disciplined capital allocation aimed at maximizing asset value and shareholder returns. The company’s operations are concentrated in emerging mining districts with infrastructure access and favorable mining jurisdictions in South America, where it collaborates with regional partners and stakeholders. NGEx Minerals is publicly listed on the Toronto Stock Exchange under the ticker NGEX.TO.
Company News
NGEx Minerals Ltd. (NGEX:CA) Analyst/Investor Day Transcript
Supply-Demand Imbalance Reshapes Copper Exploration Landscape in South America
NGEx Minerals (OTCMKTS:NGXXF) Trading Down 1.1% – Here’s Why
NGEx Minerals: Attractive Optionality In The 'Vaca Muerta Of Copper'
NGEx Minerals (OTC:NGXXF) Stock Price Up 3.4% – Still a Buy?
NGEx Minerals (OTC:NGXXF) Trading Down 2.2% – What’s Next?
NGEx Minerals (OTC:NGXXF) Stock Price Up 0.6% – Here’s What Happened
NGEx Minerals increases private placement from C$40M to C$85M due to strong demand