Bluebird Mining Ventures Divests South Korean Assets

03:23 AM EDT, 09/02/2026 (MT Newswires) -- Bluebird Mining Ventures (BMV.L) completed the sale of its interests in South Korean assets, eliminating future funding commitments and allowing it to focus on its gold streaming, mining, and treasury strategy. The London-listed gold streaming and treasury company said Wednesday it sold its entire interest in the Gubong and Kochang projects, together with associated funding obligations and liabilities, to Canadian mining investment company 1575275 B.C. Ltd. The company received a nominal cash amount and retained a 2.5% net smelter return royalty over the projects. The deal also includes royalty buy-back rights in favour of the buyer, exercisable for consideration of $2.5 million in respect of each royalty.