Royalties
Transactions Since 2019
Precious metals royalties make up >70% of our portfolio weighting by NAV. Our precious metals exposure includes gold, silver, and platinum groups metals.
Royalties over several producing assets and an organic pipeline of several long-life, economically robust development-stage assets
Our team has a track record of acquiring royalties which later go on to achieve significant resource or production increases post-acquisition
In addition to our precious metals’ royalties, the Company has underlying exposure to a more diverse array of commodities, including base, battery, and certain bulk commodities.
Our advanced pipeline includes existing royalties over Tier 1 and Tier 2 assets globally, and we are actively evaluating more than ~$500m of potential royalty deals, enabled by our proprietary royalty database of over 8,500 royalties.
Project | Operator | Location | Commodity | Interest | |
---|---|---|---|---|---|
Brauna | Lipari Mineração Ltda | Brazil | Diamonds | 0.5% Gross Sales Royalty | View |
Bulong | Black Cat Syndicate Limited | Australia | Gold | 1.0% Net Smelter Royalty | View |
Castle Hill | Evolution Mining Ltd. | Australia | Gold | A$40/oz up to 75koz, plus A$2M payment at 140koz | View |
Janet Ivy | Zijin Mining Group Co., Ltd. (Norton Gold Fields Pty Ltd.) | Australia | Gold | A$0.50/t Royalty | View |
Koolyanobbing | Mineral Resources Limited | Australia | Iron Ore | 2.0% F.O.B. Revenue Royalty | View |
Otto Bore | Northern Star Resources Ltd. | Australia | Gold | 2.5% Net Smelter Royalty (on cumulative 42Koz to 100Koz production) | View |
Wonmunna | Mineral Resources Limited | Australia | Iron Ore | 1.25% to 1.50% Gross Revenue Royalty (>A$100/t iron ore) | View |
Project | Operator | Location | Commodity | Interest | |
---|---|---|---|---|---|
Abercromby Well | Toro Energy Limited | Australia | Uranium | 2.0% Net Smelter Royalty x 10% interest (payable >910Klb U308 cumulative production) | View |
Bowdens | Silver Mines Limited | Australia | Silver, Lead, Zinc | 0.85% Gross Revenue Royalty | View |
Brits | Sable Exploration and Mining Limited | South Africa | Vanadium | 1.75% Gross Sales Royalty (or ~C$1.09/t annual cap) | View |
Bruno Lewis | Genesis Minerals Limited | Australia | Gold | 1.0% Gross Revenue Royalty (>10Koz production) | View |
Bullabulling | Zijin Mining Group Co., Ltd. (Norton Gold Fields Pty Ltd.) | Australia | Gold | A$10/oz Gold Production Royalty (>100Koz production) | View |
Dry Creek | Westgold Resources Ltd. | Australia | Gold | A$0.87/g gold ore milled (effective 0.85% Net Smelter Royalty) | View |
Goldlund | NexGold Mining Corp. | Canada | Gold | 1.0% Net Smelter Royalty (>50m depth from shaft collar) | View |
Horseshoe Lights | Horseshoe Metals Ltd. | Australia | Gold and copper | 3.0% Net Smelter Royalty | View |
Kangaroo Caves | Develop Global Limited | Australia | Copper, zinc, lead, silver | A$2/t Ore Production Royalty (40% interest) | View |
Kenbridge | Tartisan Nickel Corp. | Canada | Nickel, copper and cobalt | 1.0% Net Smelter Royalty (buyback for C$1.5M) | View |
Kookynie (Melita) | Genesis Minerals Ltd | Australia | Gold | A$1/t Ore Production Royalty (>650Kt ore mined and treated) | View |
Kunanalling | Evolution Mining Ltd. | Australia | Gold | 2% realised production (payable >75Koz gold from Castle Hill royalty tenure) | View |
Limpopo (Dwaalkop) | Sibanye Stillwater Ltd. | South Africa | Platinum Group Metals, Gold, Copper, Nickel | 1.0% Gross Receipts Royalty | View |
Limpopo (Messina) | Sibanye Stillwater Ltd. | South Africa | Platinum Group Metals, Gold, Copper, Nickel | 0.704% Gross Receipts Royalty | View |
Lynn Lake (MacLellan) | Alamos Gold Inc. | Canada | Gold | 2.0% Gross Proceeds Royalty (post initial capital recovery) | View |
Mt Ida | Aurenne Group Pty Ltd. | Australia | Gold | 1.5% Net Smelter Royalty (>10Koz production) | View |
Pitombeiras | Jangada Mines plc | Brazil | Vanadium, Titanium, Iron Ore | 1.0% Net Smelter Royalty | View |
Plutonic East | Catalyst Metals Ltd. | Australia | Gold | Sliding scale A$0.40/tonne to A$3.50/tonne | View |
Red Hill | Northern Star Resources Ltd. | Australia | Gold | 4.0% Gross Revenue Royalty | View |
South Railroad | Orla Mining Ltd. | USA | Gold | 0.633% Net Selter Royalty + Advance Royalty Payments | View |
Sulphur Springs | Develop Global Limited | Australia | Copper, zinc, lead and silver | A$2/t Ore Production Royalty (A$3.7M royalty cap) | View |
Uley | Quantum Graphite Limited | Australia | Graphite | 1.5% Gross Revenue Royalty | View |
Project | Operator | Location | Commodity | Interest | |
---|---|---|---|---|---|
Aga Khan | Emmerson Resources Limited | Australia | Gold and copper | 2.0% Net Smelter Royalty | View |
Anthiby Well | Hancock Prospecting | Australia | Iron Ore | 0.25% Gross Revenue Royalty | View |
Ashburton | Kalamazoo Resources Ltd | Australia | Gold | 1.75% Gross Revenue Royalty (>250koz production) | View |
Barabolar | Silver Mines Limited | Australia | Silver, Lead, Zinc | 1.0% Gross Revenue Royalty | View |
Beschefer | Abitibi Metals Corp. | Canada | Gold | 0.6% Net Smelter Royalty (partial buyback) | View |
Brightstar Alpha | Brightstar Resources Limited | Australia | Gold | 2.0% Gross Revenue Royalty | View |
British King | Central Iron Ore Ltd. | Australia | Gold | 1.25% Net Smelter Royalty | View |
Broken Hill | Castillo Copper Ltd | Australia | Copper, cobalt, rare earths | 2.0% Net Smelter Royalty | View |
Bulgera | Norwest Minerals Limited | Australia | Gold | 1.0% Net Smelter Royalty | View |
Comet Gold | Accelerate Resources Ltd. | Australia | Gold | 1.0% Net Smelter Royalty | View |
Estrades | Galway Metals Inc. | Canada | Gold and zinc | 2.0% Net Smelter Royalty | View |
Forest Reef | Newmont Corporation | Australia | Gold, copper | 1.5% Net Smelter Royalty | View |
Glen | Sinosteel Midwest Corporation | Australia | Iron ore | 0.2% F.O.B. Revenue Royalty | View |
Green Dam | St. Barbara Limited | Australia | Gold | 2.0% Net Smelter Royalty | View |
Halls Creek / Mt Angelo North | AuKing Mining Ltd. and Cazaly Resources Ltd. | Australia | Copper and zinc | 1.5% Net Smelter Royalty | View |
Hawkins | E2 Gold Inc. | Canada | Gold | 0.50% Net Smelter Royalty | View |
Holleton | Ramelius Resources Limited | Australia | Gold | 1.0% Net Smelter Royalty | View |
Kelly Well | Genesis Minerals Ltd. | Australia | Gold | 10% Free Carry (converting to 1.0% Net Smelter Royalty) | View |
Kookynie (Consolidated Gold) | Arika Resources Limited & Genesis Minerals Ltd | Australia | Gold | A$1/t Ore Production Royalty (with gold grade escalator) | View |
Kookynie (Wolski) | Zygmund Wolski | Australia | Gold | A$1/t Ore Production Royalty (>650Kt ore mined and treated) and a A$1/t Ore Production Royalty (with gold grade escalator) | View |
Libby / Montanore | Hecla Mining Company | USA | Silver and copper | US$0.20/t Production Royalty | View |
Lynn Lake (Nickel) | Corazon Mining Ltd | Canada | Nickel, copper and cobalt | 2.0% Gross Proceeds Royalty (post initial capital recovery) | View |
Merlin and Electric Dingo | Black Cat Syndicate Limited | Australia | Gold | 0.75% Gross Revenue Royalty (>250koz production) | View |
Millrose | Northern Star Resources Ltd. | Australia | Gold | 1.0% Gross Revenue Royalty | View |
Mount Monger | MTM Critical Metals Ltd. | Australia | Gold | 1.0% Net Smelter Royalty | View |
Mt Samuel | Emmerson Resources Limited | Australia | Gold, copper, bismuth | 2.0% Net Smelter Royalty | View |
New Bore | Genesis Minerals Ltd. | Australia | Gold | 10% Free Carry (converting to 1.0% Net Smelter Royalty) | View |
Opawica | Scandium Canada | Canada | Gold | 0.49% Net Smelter Royalty | View |
Pedra Branca | ValOre Metals Corp. | Brazil | Nickel, copper, cobalt, platinum group metals, chrome | 1.0% Net Smelter Royalty | View |
Pilbara | Fortescue Metals Group Limited | Australia | Iron Ore | 1.5% F.O.B Royalty (to 20Mt), 0.5% F.O.B. Royalty (to 35Mt), then 0.1% F.O.B. Royalty + 1% Gross Revenue Royalty (non iron ore) | View |
Thaduna | Stanifer Pty Limited* | Australia | Copper | 1.0% Net Smelter Royalty | View |
The Trump | Emmerson Resources Limited | Australia | Gold and copper | 2.0% Net Smelter Royalty | View |
Tinto | Emmerson Resources Limited | Australia | Gold and copper | 2.0% Net Smelter Royalty | View |
True Blue | Emmerson Resources Limited | Australia | Gold and copper | 2.0% Net Smelter Royalty | View |
Volga | Novel Mining | Australia | Copper | 2.0% Gross Revenue Royalty | View |
West Kundana | Evolution Mining Ltd. | Australia | Gold | Sliding scale 1.5% to 2.5% Net Smelter Royalty | View |
West Malartic (Chibex South) | Agnico Eagle Mines Limited | Canada | Gold | 0.66% Net Smelter Royalty | View |
Yamarna | Gold Road Resources Ltd. | Australia | Gold | A$7.50/oz Discovery Payment | View |