Northwire Canada EditionSunday, November 8, 2026
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Gold 4,079.60 −0.8% Silver 51.94 −0.8% Copper 6.24 −0.5% Oil 90.83 +0.3% Palladium 1,017.10 −2.6% KRN 0.260 −7.1% GSKR 2.84 +5.6% ADE 0.125 +4.2% NRM 0.055 +0.0% BBB 0.520 −1.9% LGD 2.09 +1.9% DEC 0.110 +0.0% LCE 0.200 +0.0% NILI 0.515 −1.0% CDE 21.85 +6.7% CAN 0.045 +0.0% LORD 0.100 +0.0% HBM 29.49 +2.3% ELEF 0.265 +120.8% MUN 0.300 +0.0% SAGA 0.400 +6.7% Gold 4,079.60 −0.8% Silver 51.94 −0.8% Copper 6.24 −0.5% Oil 90.83 +0.3% Palladium 1,017.10 −2.6% KRN 0.260 −7.1% GSKR 2.84 +5.6% ADE 0.125 +4.2% NRM 0.055 +0.0% BBB 0.520 −1.9% LGD 2.09 +1.9% DEC 0.110 +0.0% LCE 0.200 +0.0% NILI 0.515 −1.0% CDE 21.85 +6.7% CAN 0.045 +0.0% LORD 0.100 +0.0% HBM 29.49 +2.3% ELEF 0.265 +120.8% MUN 0.300 +0.0% SAGA 0.400 +6.7%
Other

Hemlo Mining Corp. Commences Trading on the OTCQX Best Market in the United States

Hemlo Mining Expands U.S. Access via OTCQX Listing Amidst TSX Graduation Push

By The Northwire Desk — AI Analysis Apr 23, 2026 · 06:30 HMMC · 6.35 Hemlo Mining Corp.
Executive Summary
  • Hemlo Mining Corp. commenced trading on the OTCQX Best Market in the United States under ticker symbol HMMCF as of April 23, 2026.
  • The listing is part of a strategy to enhance liquidity and provide U.S. investors with streamlined access to shares in U.S. dollars.
  • Company targets graduation from TSX Venture Exchange (TSX-V) to Toronto Stock Exchange (TSX) on or before July 14, 2026.
  • CEO Jason Kosec states the move reflects confidence in the asset and ambition to reach institutional and retail investors globally.
  • This follows conditional approval for TSX graduation announced April 20, 2026.
Material Impact
  • The OTCQX listing is a positive liquidity event but does not fundamentally alter the company's operational or financial profile compared to previous announcements.
  • It validates the capital markets strategy outlined in the April 20 TSX graduation news and the acquisition completion in December 2025.
  • Market reaction has been muted relative to prior catalysts; price declined from $7.14 (April 20) to $6.35 (April 22), suggesting liquidity improvements are already priced in or overshadowed by broader market correction.
  • The news is expected given the trajectory of the company post-acquisition and does not constitute a material change in valuation drivers like production, reserves, or debt structure.
HMMC · Price
Company Overview
  • Hemlo Mining Corp. is a Canadian mid-tier gold producer focused on the Hemlo Gold Mine in Marathon, Ontario.
  • Flagship Asset: Hemlo Gold Mine acquired from Barrick Mining Corporation for approximately US$1.1 billion in November 2025.
  • Historic Production: The mine has produced ~25 million ounces of gold since 1985 with a 40-year production history.
  • Current Status: Underground operations active; open-pit re-establishment (Williams pit) planned for ~2028.
  • Exploration Strategy: Aggressive brownfield exploration program targeting resource conversion and growth in C-Zone, E-Zone, and B-Zone Footwall.
Read the original news release →

More from Hemlo Mining Corp.

Oct 21, 2026 · 06:30

Hemlo reported flat third-quarter output with a delayed ramp-up and no cost guidance provided for 2026.

Other Sep 22, 2026 · 06:30

Hemlo Mining refines its porphyry model to unlock district-scale potential across its 45,000-hectare land package.

Drill Results Sep 14, 2026 · 16:05

A substation outage interrupted Alimak ramp-up at Hemlo, while the rest of the operation continued milling.

Production / Operations Sep 10, 2026 · 06:30

Hemlo reported high-grade near-mine intercepts including one-metre intervals with significant gold grades, highlighting the potential of its Hemlo deposit.

Drill Results Aug 11, 2026 · 18:18

Hemlo’s Q2 AISC surges 42% quarter-over-quarter to $2,561 per ounce, with transition costs eroding cash flow despite high gold prices.

Earnings Jul 20, 2026 · 16:05

Hemlo expands its resource base despite a Q2 grade decline and missing cost data that obscure near-term margin risks.

Production / Operations