Mines Management, Inc. (NYSEMKT:MGN) is a diversified mineral exploration and development company headquartered in Nevada. The firm focuses on the acquisition, exploration and, when warranted, the development and operation of precious and base metal properties. Its principal asset portfolio spans gold, uranium, copper, nickel and rare earth element projects in North America and Africa, with a strategy designed to advance promising deposits toward production through detailed technical studies and permitting efforts.
In the United States, Mines Management holds a series of advanced-stage gold projects in Nevada, including Carlin-style and placer gold deposits in Humboldt and Pershing counties. These assets have been the subject of extensive drilling campaigns and metallurgical testing, aimed at defining resource estimates and optimizing extraction methods. By leveraging Nevada’s well‐developed mining infrastructure, the company seeks to streamline the path from exploration success to potential mine development.
Internationally, the company maintains interests in uranium and base metal properties across sub-Saharan Africa. Notably, a uranium project in the central Sahel region has undergone preliminary feasibility work, environmental baseline studies and community engagement initiatives. Additional copper-nickel exploration licenses in Namibia offer potential access to critical battery metals, while ongoing reconnaissance programs evaluate rare earth element occurrences that could serve emerging clean energy markets.
Founded in the early 20th century as a gold exploration outfit, Mines Management has evolved under a leadership team of mining professionals and geoscientists with decades of industry experience. The executive management group, led by its president and chief executive officer, combines technical expertise in geology and engineering with strategic capital markets and permitting know-how. This seasoned team guides the company’s multi-asset strategy, overseeing project advancement, regulatory liaison and stakeholder relations aimed at delivering value to shareholders over the long term.
AI Generated. May Contain Errors.
Free MGN Stock Alerts