2nd Sep 2026 14:32
Bluebird Mining Ventures Ltd - British Virgin Islands-based gold streaming, mining and treasury company - Announces completion of disposal of its South Korean interests. Bluebird Mining says it received a nominal cash sum and retained a 2.5% net smelter return royalty over each of the Gubong and Kochang projects. Further, the transaction includes royalty buy-backs in favour of 1575275 BC Ltd, a Canadian mining investment company., exercisable for a consideration of USD2.5 million in respect of each royalty. Bluebird Mining says the disposal strengthens the firm by removing future funding commitments associated with the South Korean projects, and by simplifying the company's corporate structure and reducing legacy complexity, among others. Read More