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. The company's primary asset is a 2% net smelter return royalty on the Great Bear Project, operated by Kinross Gold, situated in Northwestern Ontario. By providing specialized financing, Great Bear Royalties supports exploration and production projects, thereby assisting mining companies that may face financial challenges.

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. focuses on the acquisition, exploration, and development of mineral properties, primarily targeting copper, molybdenum, gold, lead, zinc, and silver. The company 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 spans 5,100 hectares. In Peru, Solaris has interests in the Capricho and Paco Orco projects, each covering 4,400 hectares. Its flagship asset is the Warintza property in southeastern Ecuador, which encompasses 26,777 hectares and features a high-grade resource with potential for expansion and new discoveries. Solaris Resources is also involved in a farm-out agreement with Freeport-McMoRan for the Ricardo project, allocating US$130 million over five years. Additionally, the company maintains a 60% interest in the La Verde joint-venture project in Mexico with Teck Resources. Founded in 2018 and based in Vancouver, Canada, Solaris Resources was previously known as Solaris Copper Inc. and is a subsidiary of Equinox Gold Corp.
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