Royal Gold

Royal Gold, Inc. is engaged in acquiring and managing precious metals royalties and streams, primarily focusing on gold. The company operates by purchasing a percentage of the metal produced from various mineral properties in exchange for an upfront payment, without taking on the responsibilities of mining operations. Royal Gold's portfolio includes royalties on numerous producing properties, development stage projects, and exploration stage properties. Notably, the company holds a royalty on gold produced from the sulfide portion of the Andacollo copper and gold deposit and has a sliding-scale net smelter return royalty on the Canadian Malartic open-pit gold mine in Quebec, Canada. By financing projects and acquiring existing royalties, Royal Gold aims to benefit from the potential of precious metals while minimizing operational involvement.

Daniel Breeze

Senior Vice President

Allison Forrest

Vice President, Investment Stewardship

3 past transactions

Great Bear Royalties

Acquisition in 2022
Great Bear Royalties is a precious metals royalty and streaming company based in Vancouver, Canada. Its primary asset is a 2% net smelter return royalty on Kinross Gold's Great Bear Project, situated in Northwestern Ontario. The company specializes in providing financing solutions tailored to the needs of mining companies, particularly those engaged in exploration and production. By offering these financial instruments, Great Bear Royalties supports cash-strapped mining ventures, facilitating their development and growth in the precious metals sector.

Khoemacau Copper Mining

Debt Financing in 2019
Khoemacau Copper Mining provides an underground mine and associated infrastructure while upgrading and expanding the existing Boseto processing plant to become a copper and silver mine, producing +60 ktpa copper and +2 moz of silver metal in concentrate at full run rate. An online inquiry form is available on the company's website.

Solaris Resources

Solaris Resources Inc. is a mineral exploration and development company focused on acquiring and advancing projects primarily related to copper, gold, molybdenum, lead, zinc, and silver. The company’s principal asset is the Warintza property in southeastern Ecuador, which spans 26,777 hectares and is noted for its high-grade copper and gold resources. Additionally, Solaris holds a 100% interest in the Ricardo property in Chile, covering 16,000 hectares, and a 75% interest in the Tamarugo property in northern Chile, which encompasses 5,100 hectares. The company also has interests in the Capricho and Paco Orco projects in Peru, covering 4,600 hectares each. Established in 2018 and based in Vancouver, Canada, Solaris Resources was previously known as Solaris Copper Inc. before rebranding in December 2019. The company is a subsidiary of Equinox Gold Corp.
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