Jason Kosec, President and CEO of Hemlo Mining, described the move as a milestone for the company’s evolution. He expects the index addition to drive higher trading liquidity and broaden the firm’s reach among both institutional and retail investors. By joining one of the sector’s most prominent ETFs, the company aims to solidify its standing as a core participant in the gold industry.
Operating out of northwestern Ontario, Hemlo Mining manages the historic Hemlo Gold Mine, which has yielded approximately 25 million ounces of gold since 1985. The company is currently prioritizing operational efficiency and mine life extension, betting that its new status in the GDXJ will provide the necessary capital market support to execute these long-term production goals.
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