U.S. Gold and Silver Developer Hycroft Joins Russell 3000 Index
2026-06-03 09:06
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en.Wedoany.com Reported - Recently, Hycroft Mining Holding Corporation (NASDAQ: HYMC), a gold and silver development company headquartered in Nevada, USA, announced that it will be officially included in the Russell 3000 Index at the opening of the U.S. stock market on June 29, 2026. This inclusion is the result of the annual reconstitution of the Russell U.S. Indexes, and the company will be automatically added to the Russell 1000 Index (large-cap) or Russell 2000 Index (small-cap), as well as the corresponding growth and value style indexes. The company holds the Hycroft Mine in northern Nevada, which is one of the world's largest precious metal deposits.

Hycroft Mining Holding Corporation is a precious metals development company headquartered in Nevada, USA. Its Hycroft Mine is located approximately 54 miles northwest of Winnemucca, Nevada, spanning Humboldt and Pershing counties, with a mineral area of about 64,000 acres, including 25 patented mining claims (approximately 1,855 acres) and 3,249 unpatented lode and placer claims (approximately 62,298 acres). As of early 2026, the mine's proven and probable mineral resources amount to approximately 16.4 million ounces of gold and 562.6 million ounces of silver, with inferred resources of about 5.0 million ounces of gold and 132.8 million ounces of silver. In 2023, the company discovered two new high-grade silver systems—Brimstone and Vortex—within the known resource area, and advanced a drilling program from 2025 to 2026 to expand these systems. The company is currently progressing the transition from oxide heap leaching to sulfide mineral processing, utilizing pressure oxidation (POX) technology.

Eric Colby, Executive Vice President of Corporate Development and Investor Relations, stated that this index inclusion is a significant recognition of the company's recent progress and helps enhance its visibility and influence among institutional and retail investors. The FTSE Russell indexes are widely used by global institutional and individual investors, with approximately $19.89 trillion in assets benchmarked to FTSE Russell indexes.

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