Royalty Companies

Zitat von vatapitta

Moin moin,

heute werfe ich aus einer anderen Perspektive einen Blick auf die Royalties.

Diese Unternehmen müssten auf Grund der hohen Kostensteigerungen im Bereich Bergbau durch steigende Finanzierungen besonders profitieren.

Dazu brauchen sie vor allem ordentlich Cash in der Kasse. Da die Zinsen am Kapitalmarkt deutlich steigen, ist ein ordentlicher Cash Flow die beste Finanzierung für zukünftige Projekte.

Die folgenden Zahlen stammen vom Marketscreener.

Die erste Zahl steht für die geschätzte Nettoliqidität 2022, die zweite für 2023 - alles C$.

FNV - 1.236 Mio. - 1.882 Mio.
WPM - 563 Mio. - 329 Mio.
TFPM - 131 Mio. - 248 Mio.
OR - 47 Mio. - 233 Mio.

EMX - keine Angaben

SSL - Minus 234 Mio. - Minus 515 Mio.
MMX - Minus 6,97 Mio. - Plus 53,2 Mio.
MTA - Minus 5,12 Mio. - Plus 3,15 Mio.

US $
RGLD - Minus 233 Mio. - Plus 376 Mio.
Gold Royalty Corp. - Minus 5,1 Mio. - 0,6 Mio.

Nomad Gold Royalty wurde vom Großaktionär Orion an SSL verkauft. Gutes Timing!

Kleine Player mit leerer Kasse könnten mit ihrem Portfolio das Interesse der Cash Giganten auf sich ziehen.
FNV hat schon eine kleine Position EMX. Wie soll EMX sein Wachstum finanzieren? Sie haben viele gute Projekte, aber noch wenig Cash Flow. Das könnten die Großen (FNV) ausnutzen.

Heute im Plus geschlossen haben EMX und SSL.

Wie schätzt ihr eine Konsolidierung im Royalty Sektor ein?

LG Vatapitta

Alles anzeigen

@vatapitta

Sehr guter Post. Danke für Deine Arbeit die Cashpositionen herauszusuchen.

Ich sehe das auch so. Die Übernahmen werden weitergehen. Gesucht werden viele Royals und Cashflow. Alle mittleren und kleinen Royals sind potentielle Übernahmekandidaten.

Wer ist da da noch günstig zu haben?

Neben den von Dir genannten EMX fallen mir spontan Metalla, Globex, Sailfish, Vox und Empress ein.

EMX Receives Initial Production Royalty Payments from Balya North
https://www.newsfilecorp.com/release/137220

Vancouver, British Columbia--(Newsfile Corp. - September 15, 2022) - EMX Royalty Corporation (NYSE American: EMX) (TSXV: EMX) (FSE: 6E9) (the "Company" or "EMX") is pleased to announce the receipt of initial royalty production payments from its Balya North royalty property in western Turkey. EMX holds an uncapped 4% net smelter return ("NSR") royalty on metals production from Balya North, a newly commissioned lead-zinc-silver mine operated by Esan Eczacibaşi Endüstriyel Hammaddeler San. ve Tic. A.Ş. ("Esan"), a private Turkish company.
In the first half of 2022, Esan's advancement of the Balya North asset consisted of mine development and opening of production headings and faces for exploitation in Q3 and Q4 of 2022 (see EMX News Release dated December 20, 2021). Production and processing of materials from Balya North in the first half of 2022 largely consisted of material stockpiled during the construction process. EMX has received payments from the processing of this material totaling US$98,787, inclusive of US$15,069 in Value Added Tax ("VAT"). These royalty payments are from 30,223 tonnes of processed material averaging 1.68% lead, 1.34% zinc, and 39.9 g/t silver.
The Balya North Mine is now operational. From current technical information provided by the operator, EMX anticipates that production will now ramp up to reach a projected production total of approximately 170,000 tonnes of material in 2022. Further, EMX anticipates production of approximately 450,000 tonnes of material from Balya North in 2023. It should be noted that the grades of material mined so far at Balya North are from materials removed during the construction and development process. Grades are expected to be significantly higher as commercial production progresses...
[Blockierte Grafik: https://pbs.twimg.com/media/FcOqKZKWAAIGWVz?format=jpg&name=240x240]

Zitat von Sorgenfrei

MAVERIX BOLSTERS GROWTH PIPELINE WITH ACQUISITION OF ROYALTY PORTFOLIO FROM BARRICK GOLD
https://www.newswire.ca/news-r…rrick-gold-824503259.html

VANCOUVER, BC, Sept. 1, 2022 /CNW/ - Maverix Metals Inc. ("Maverix" or the "Company") (NYSE American: MMX) (TSX: MMX) is pleased to announce that it has acquired a portfolio of 22 royalties (the "Royalty Portfolio") from Barrick Gold Corp. ("Barrick") for upfront cash consideration of $50 million and contingent consideration of up to $10 million depending on certain events occurring (the "Transaction").
The Royalty Portfolio includes royalties on development, advanced exploration and exploration stage projects located predominantly in Canada, the United States, and Australia. The portfolio comprises multiple assets that contain multi-million gold equivalent ounces of reserves and resources, highlighted by a 1.0% royalty on Skeena Resources' Eskay Creek gold-silver project in the prolific Golden Triangle of British Columbia. The Eskay Creek project is currently undergoing a feasibility study that is expected to be completed in the third quarter of 2022.

Dan O'Flaherty, CEO of Maverix, commented, "This transaction marks another important milestone in our continued growth at Maverix. We are pleased to add Barrick alongside Newmont, Pan American Silver, Kinross and Gold Fields, to the list of reputable counterparties from which we have acquired royalty portfolios. This portfolio boasts significant existing attributable mineral inventory with meaningful exploration potential in historic mining geographies. The acquisition increases our portfolio to a total of 147 royalties and streams and enhances our already robust exposure to the next generation of gold mines."

Skeena Resources Announces C$30 Million Bought Deal Financing
https://ceo.ca/@globenewswire/…s-c30-million-bought-deal
"The net proceeds of the Offering will be used by the Company to exercise their right (subject to the terms and conditions of the Company’s buy-back rights) to buy down a 0.5% NSR royalty currently held by Barrick Gold Corporation, for a payment of C$17.5mm, as well as general ‎administration and corporate purposes.‎"

Der MMX Kauf der Royalty von Barrick ist ja noch nicht abgeschlossen. Wenn es läuft, wie geplant, dann wird der Kaufpreis ruckzuck um C$17,5 Mio verringert und dieser Betrag für andere Projekte frei.

Vox Announces Inaugural Quarterly Dividend for Investors

https://www.accesswire.com/716…ly-Dividend-for-Investors

TORONTO, ON / ACCESSIWRE / September 20, 2022 / Vox Royalty Corp. (TSXV:VOX)(OTCQX:VOXCF) ("Vox" or the "Company"), a returns focused precious metals royalty company, is pleased to announce that its Board of Directors has approved the initiation of a quarterly dividend program and the Company has declared an inaugural quarterly cash dividend of US$0.01 per common share to be paid in the fourth quarter of 2022. The dividend will be paid on November 4, 2022 to shareholders of record as of the close of business on October 21, 2022.

Kyle Floyd, Chief Executive Officer stated: "I am very excited to announce the initiation of a quarterly dividend program following back-to-back record quarterly royalty receipts. The performance of our royalty portfolio continues to exceed management expectations and validate our technical due diligence. The launch of a quarterly dividend is a major milestone for Vox shareholders. Vox continues to take a balanced approach between capital returns to investors and future accretive royalty acquisitions. Based on yesterday's closing price of C$2.98, the declared dividend represents an approximate 1.8% yield on an annualized basis. As additional Vox royalties start cash-flowing, management will continue to assess potential increases to the quarterly dividend."

EMPRESS ROYALTY COMPLETES FIRST TRANCHE OF PRIVATE PLACEMENT

Rick Rule steigt über ein Placement bei Empress ein. Er zahlt mit 0,30 CAD zwar deutlich mehr als der aktuelle Kurs, bekommt dafür aber Warrants mit 5 Jahren Laufzeit.
Er scheint an den mittelfristigen Erfolg der Firma zu glauben.

Bei ceo.ca/empr wird schon seit Tagen über seinen Einstieg spekuliert und ein Vergleich zur Entwicklung von Ely mit Übernahme durch GROY gezogen.

MAVERIX COMPLETES ACQUISITION OF ROYALTY PORTFOLIO FROM BARRICK

https://www.prnewswire.com/new…rrick-gold-301637043.html

VANCOUVER, BC, Sept. 29, 2022 /PRNewswire/ - Maverix Metals Inc. ("Maverix" or the "Company") (NYSE American: MMX) (TSX: MMX) is pleased to announce that it has completed the acquisition of a portfolio of 22 royalties (the "Royalty Portfolio") from Barrick Gold Corporation ("Barrick").
As consideration for the transaction, Maverix agreed to total upfront cash consideration of $50 million, subject to the exercise of any right of first refusal or buy-down rights under certain of the royalties, and contingent consideration of up to $10 million. On September 26, 2022, Skeena Resources Ltd. ("Skeena") announced that it exercised its right to repurchase 0.5% of the 1.0% net smelter return ("NSR") royalty on the Eskay Creek project from Barrick for a payment of C$17.5 million. The remaining 0.5% NSR royalty is not subject to any further reductions. As a result of Skeena's exercise of its repurchase right, Maverix's upfront cash payment to Barrick was reduced from $50 million to $37.2 million on closing. Maverix used existing cash on hand and its revolving credit facility to fund the cash payment.

ABCOURT ANNOUNCES CLOSING OF A US$2,000,000 TRANSACTION WITH MAVERIX METALS INC.

https://abcourt.ca/en/news/abc…-avec-maverix-metals-inc/

Rouyn-Noranda, Canada, September 22, 2022 – Abcourt Mines Inc. (“Abcourt” or the “Corporation”) (TSX Venture: ABI) is pleased to announce the closing of a transaction (the “Transaction”) with Maverix Metals Inc. (“Maverix”) (TSX;NYSE: MMX) whereby Abcourt has granted Maverix a 2% net smelter return royalty on all metallic and non-metallic minerals mined or otherwise recovered on each of the Géant Dormant and Dormex properties (the “Royalty”), in accordance with the terms of a net smelter return royalty agreement. Maverix made a US$2,000,000 cash payment to Abcourt as consideration for the Royalty.

Abcourt may, at any time prior to the third anniversary of the Transaction, elect to reduce the royalty rate by 0.5% upon payment of an amount of US$2,000,000 (the “First Option”), and may, at any time prior to the sixth anniversary of the Transaction, elect to reduce the Royalty rate by 0.5% upon payment of an amount of US$4,000,000 to the holder of the Royalty, thereby reducing the rate of the Royalty to 1.0% to the extent Abcourt also exercises the First Option.

EMX to Receive US$ 3 Million Milestone Payment for the Parks-Salyer Royalty Property in Arizona
https://www.newsfilecorp.com/release/139372
Vancouver, British Columbia--(Newsfile Corp. - October 4, 2022) - EMX Royalty Corporation (NYSE American: EMX) (TSXV: EMX) (FSE: 6E9) (the "Company" or "EMX") is pleased to announce that it will receive a US$3 million milestone payment from Arizona Sonoran Copper Company, Inc. (TSX: ASCU) ("ASCU") for the Parks-Salyer royalty property (the "Royalty Property") in Arizona. The Royalty Property was held under a lease arrangement by EMX's wholly owned subsidiary Bronco Creek Exploration Inc., and was transferred to ASCU via Assignment and Royalty Agreements (the "Agreements") executed earlier this year (see EMX news release dated February 10, 2022). EMX's Royalty Property covers 158 acres of ASCU's Parks-Salyer copper project. The milestone payment results from ASCU's maiden resource estimate for the Parks-Salyer project that exceeds thresholds for contained copper included within EMX's Royalty Property footprint. The Company also retains a 1.5% net smelter return ("NSR") royalty covering the Royalty Property.
EMX's Parks-Salyer Royalty Property provides an example of a significant pre-production payment to the Company resulting from its copper porphyry royalty generation program in Arizona. The Property's porphyry targets, which are concealed beneath post-mineral cover, were identified by EMX based upon structural geological assessments of historical exploration data. The open ground covering these targets was acquired by EMX at minimal cost. The 158 acres transferred to ASCU complemented the property position at its Parks-Salyer project, while providing EMX with pre-production payments and exploration, development, and royalty upside optionality at no additional cost to the Company.
Commercial Terms and Property Summary (all dollar amounts in USD). The Agreements provided for a one-time cash payment to EMX for the assignment of EMX's rights covering the Property, as well as the 1.5% NSR royalty interest (ASCU may buy back 1% of the royalty for $500,000), work commitments, annual advance royalty ("AAR") payments, and the $3 million milestone payment to EMX based upon declared resources totaling 200 million pounds or more of contained copper covered by EMX's Royalty Property. ASCU's (global) maiden resources for its Parks-Salyer project were disclosed in a news release dated September 28, 2022.

[Blockierte Grafik: https://mma.prnewswire.com/med…PLORATION_UPDAT.jpg?w=200]

VOX PROVIDES DEVELOPMENT AND EXPLORATION UPDATES

https://www.newswire.ca/news-r…on-updates-838307529.html

TORONTO , Oct. 4, 2022 /CNW/ - Vox Royalty Corp. (TSXV: VOX) (OTCQX: VOXCF) ("Vox" or the "Company"), a returns focused mining royalty company, is pleased to provide recent development and exploration updates from royalty operating partners Zijin Mining Group Co., Ltd. (HKSE: 2899) ("Zijin Mining"), Silver Mines Limited (ASX: SVL) ("Silver Mines"), Develop Global Limited (ASX: DVP) ("Develop"), and Kalamazoo Resources Ltd. (ASX:KZR) ("Kalamazoo").
Riaan Esterhuizen, Executive Vice President – Australia commented: "The past month has seen exciting developments including first production from the Binduli gold expansion, resource updates at Bowdens and Sulphur Springs and guidance on key engineering studies for Sulphur Springs and Ashburton in the coming months. The growing Bowdens mineral resource now exceeds 315 million ounces of silver equivalent, a globally significant silver deposit, which is currently undergoing final development approvals. These specific developments and construction activities at other key Australian gold royalty projects such as Otto Bore and Mt Ida continues to support Vox management confidence in upcoming revenue growth potential."
Key Updates

• Construction has been completed and production has commenced at the Binduli North A$283 million heap leach expansion project covered by the Janet Ivy royalty, released by Zijin Mining;
• A maiden underground silver resource estimate has been released at the Bowdens project and exceptional gold drilling results have been announced by Silver Mines;
• Sulphur Springs resource estimate upgraded and development catalysts have been announced by Develop, including an updated definitive feasibility study scheduled to be completed in early 2023; and
• Cornerstone investment secured by Kalamazoo to accelerate gold growth strategy and completion of a scoping study scheduled for Q4 2022 on the Ashburton gold project.

VOX RECEIVES APPROVAL FOR NASDAQ SECONDARY LISTING

https://www.newswire.ca/news-r…ry-listing-896267781.html

Precious Metals Royalty & Streaming Companies: September Report

von Peter Arendas, erschienen bei Seeking Alpha

Summary

• The Precious Metals R&S Index decreased by 1.7% in September.
• The Precious Metals R&S Equally Weighted Index decreased by 3.99%.
• The best performance was recorded by Trident Royalties; its share price grew by 7.55%.
• The biggest decline was experienced by Sailfish Royalty; its share price declined by 30.11%.

[Blockierte Grafik: https://static.seekingalpha.com/uploads/2022/10/6/13760932-16651053029556463.png]

[Blockierte Grafik: https://static.seekingalpha.com/uploads/2022/10/5/13760932-16650189931154397.png]

Royalty round-up (September 2022): Ongoing sector downtrend

von Ryan Long, erschienen bei proactiveinvestors.com

Übersetzung:

Im September gab es weiteren Druck auf die Aktien des Bergbau-Royalty- und Streaming-Sektors

Der September erhöhte weiterhin den Druck auf die Anleger im Bergbau-Royalty- und Streaming-Sektor, wobei der durchschnittliche Aktienkurs für den Raum weiterhin um 2,2% nach unten tendierte. Seit Jahresbeginn ist der durchschnittliche Aktienkurs für den Sektor um 19,2% gesunken und hat damit einen Ausreißer aus den Daten entfernt.
Im Laufe des Monats verzeichneten 63 % der Unternehmen im Bereich der Bergbaulizenzgebühren negative Aktienkursbewegungen. Die Majors waren mit einem Plus von 2,5% die leistungsstärkste Teilmenge des Sektors, nachdem sie im vergangenen Monat die schlechtesten Performer waren. Die Large Tiers gingen um 1,4% zurück, während die Mid Tiers geringfügig um 0,3% zulegten. Die Junioren waren mit einem Minus von 3,9% die am schlechtesten abschneidende Teilmenge des Sektors.
Der September ist in der Regel ein glanzloser Monat für die Märkte, und dieser September war auf der ganzen Linie besonders schlecht. Der Dow Jones Industrial Average erlebte mit einem Minus von 9,2% den schlechtesten September seit 20 Jahren, während der S&P 500 im Monatsvergleich um 10 % fiel.
Die wichtigsten Märkte haben in diesem Jahr einen Rückschlag erlitten, wobei der Dow, der S & P und der Nasdaq um 21%, 25% bzw. 33% gefallen sind. Die zunehmende Besorgnis unter den Anlegern, dass die US-Notenbank die Zinsen zur Bekämpfung der Inflation länger als erwartet anheben wird, dürfte die Märkte in den kommenden Monaten weiter nach unten treiben.

Fortsetzung:

Majors
Wheaton Precious Metals Corp (LSE:WPM, TSX:WPM, NYSE:WPM) war den zweiten Monat in Folge der Major mit der besten Performance und stieg um 6,1% (↓10,2% 3 Monate), obwohl es keinen Nachrichtenfluss gab.
Die Prognose von Wheaton für das Jahr liegt zwischen 640.000 und 680.000 Unzen Goldäquivalent (GEOs), was einem Rückgang von 750.000 GEOs im Jahr 2021 entspricht, aber die langfristige Prognose ist mit 800.000 GEOs für den 5-Jahres-Durchschnitt und 850.000 GEOs für den 10-Jahres-Durchschnitt stark.
Das Unternehmen hat seit Beginn des Handels im Jahr 2004 einen Cashflow von über 8,8 Milliarden US-Dollar erwirtschaftet und im gleichen Zeitraum Dividenden in Höhe von 1,7 Milliarden US-Dollar deklariert, was seinen Aktionären einen realen Wert zurückgibt.
Die Franco-Nevada Corporation (TSX:FNV) war in diesem Monat mit einem Rückgang von 0,6% (↓9,2% 3 Monate) auch trotz fehlender Nachrichtenströme der am schlechtesten abschneidende Major.
Im August veröffentlichte Franco im zweiten Quartal 2022 Ergebnisse mit einer Produktion für das erste Halbjahr von 369.666 GEOs, was auf dem Niveau des Vorjahreszeitraums liegt. Der Umsatz stieg um 5 % auf 691,1 Mio. US-Dollar, der Nettogewinn um 9 % auf 378,5 Mio. US-Dollar.
Im Jahr 2021 produzierte das Unternehmen 728.237 GEOs und hat für 2022 eine Prognose von 680.000 bis 740.000 GEOs gegeben, die für 2026 auf 765.000 bis 825.000 GEOs gestiegen sind.

Large-Tiers
Osisko Gold Royalties (TSX:OR) war in diesem Monat die am besten abschneidende große Stufe, nachdem sie im Vormonat mit einem Plus von 5,2% (↑0,8% 3 Monate) die schlechteste Performance erzielt hatte.
Im Laufe des Monats gab das Unternehmen den Erwerb einer NSR-Lizenzgebühr (Net Smelter Return) von 1,0 % für die derzeit definierten Mineralisierungs- und aussichtsreichen Explorationsgebiete bekannt, die das Kupferprojekt Marimaca in Antofagasta (Chile) bilden.
Osisko erwirbt die NSR für eine Gesamtsumme von 15,5 Mio. US-Dollar von Marimaca Copper Corp (TSX:MARI). Das Projekt verfügt über eine I 43-101-konforme Mineralressourcenschätzung von 70,4 Millionen Tonnen (Mt) mit einem Gehalt von 0,60 % Gesamtkupfer (CuT) in den Kategorien "Gemessen" und "Angezeigt" und 43 Mt mit einem Gehalt von 0,52 % CuT in der abgeleiteten Ressourcenkategorie.
Darüber hinaus hat das Projekt ein Explorationsziel von 30-50 Mt 0,4-0,5 % Kupfer für die Zone MAMIX. Marimaca plant im Jahr 2022 Bohrungen auf 41.572 Metern, die voraussichtlich die Mineralressourcen erweitern werden, um eine endgültige Machbarkeitsstudie zu unterstützen, die später in diesem Jahr beginnen soll.
Sandstorm Gold Ltd (TSX:SAND) war im September mit einem Rückgang von 8,7 % (↓ 13,1 % 3 Monate) die schlechteste Large-Tier-Performance, nachdem sie zwei Tage vor der Bekanntgabe der vierten vierteljährlichen Bardividende des Unternehmens für 2022 in Höhe von 0,02 CAD pro Stammaktie einen Kaufvertrag in Höhe von 80 Mio. USD zu einem Preis von 5,10 USD pro Aktie abgeschlossen hatte.
Sandstorm plant, den Nettoerlös aus dem Angebot für zukünftige Akquisitionen von Streams und Lizenzgebühren, die Rückzahlung von Beträgen, die im Rahmen der revolvierenden Kreditfazilität des Unternehmens in Anspruch genommen werden, und andere allgemeine Betriebskapitalzwecke zu verwenden.

Mid-Tiers
Altius Minerals Corporation (TSX:ALS) war im vergangenen Monat mit einem Plus von 5,7% (↑6,7% 3 Monate) die leistungsstärkste mittelständische Gruppe, obwohl im September kein Nachrichtenfluss herrschte. Im August meldete Altius im 1. Halbjahr 2022 einen zurechenbaren Lizenzgebühreneinnahmen von 54,1 Mio. CAD, 36 % höher als 39,7 Mio. CAD für die sechs Monate zum 30. Juni 2021.
Das bereinigte EBITDA für das erste Halbjahr belief sich auf 48,0 Mio. CAD, ein Plus von 49 % gegenüber 32,3 Mio. CAD im Vorjahr. Altius gab auch eine erhöhte vierteljährliche Dividende von 0,08 CAD pro Aktie bekannt, was einem Anstieg von 14 % gegenüber dem jüngsten Quartalsniveau entspricht.
Anglo Pacific Group PLC (LSE:APF, TSX:APY, OTC:AGPIF) war im vergangenen Monat die schlechteste Performance im mittleren Bereich, nachdem sie in den letzten zwei Wochen mit einem Rückgang von 5,4% (↑5,3% 3 Monate) die beste Performance war, obwohl zwei Direktoren ihr Engagement für das Geschäft unter Beweis stellten.
Spruce Bluff Resources Limited, ein Unternehmen, das eng mit Robert Stan, Non-Executive Director von Anglo Pacific, verbunden ist, erwarb 25.100 Aktien zum Preis von 164 Pence pro Aktie und erhöhte damit seine Beteiligung auf 403.981 Aktien, was 0,16% des ausgegebenen Aktienkapitals des Unternehmens entspricht.
Marc Bishop Lafleche, Chief Executive Officer von Anglo Pacific, erwarb 40.000 Stammaktien zu einem Durchschnittspreis von 150,16 Pence pro Aktie, womit er seinen Anteil auf 274.978 Aktien erhöhte, was 0,11% des ausgegebenen Stammaktienkapitals des Unternehmens entspricht.
Anglo Pacific wies auch darauf hin, dass OZ Minerals eine endgültige Investitionsentscheidung für das Kupfer-Nickel-Projekt West Musgrave in Australien getroffen hat, wo Anglo Pacific eine Netto-Schmelzlizenzgebühr von 2,0 % an dem Projekt hält.

Juniors
Trident Royalties PLC (AIM:TRR) ist das leistungsstärkste Bergbau-Royalty-Junior- und Gesamtunternehmen in diesem Monat mit einem Plus von 11,2 % (↑17,6 % 3 Monate), aber die Auszeichnungen hören hier nicht auf, während der durchschnittliche Aktienkurs in der Branche um 19,2 % gesunken ist, hat Trident alle seine Mitbewerber übertroffen und ist seit Anfang 2022 um beeindruckende 39,3 % gestiegen.
Im Laufe des Monats veröffentlichte Trident seine Zwischenergebnisse für das 1. Halbjahr 2022, wobei das Unternehmen einen Umsatz von 3,1 Mio. US-Dollar erzielte, was einem Anstieg von fast 4.000 % gegenüber dem vernachlässigbaren Umsatz der Vorperiode entspricht. Das Unternehmen erwirtschaftete zudem zum ersten Mal in seiner Geschichte einen positiven operativen Cashflow von 0,8 Mio. US-Dollar.
Im Laufe des Jahres hat das Unternehmen 74,0 Mio. US-Dollar in Akquisitionen investiert, was das Geschäft verändert hat, und Trident ist nun gut positioniert, um sein starkes Wachstumsprofil fortzusetzen und verfügt über eine starke Bilanz, um weitere Akquisitionen zu unterstützen.
Trident hat in diesem Monat auch eine starke Unterstützung des Managements erfahren, wobei zwei Direktoren Aktien auf dem Markt gekauft haben. Richard Hughes, Chief Financial Officer und Executive Director, erwarb 175.000 Aktien zu einem Durchschnittspreis von 49,93 Pence pro Aktie, womit er seinen Anteil auf 300.000 Aktien erhöhte, was 0,1% des Unternehmens entspricht. David Reading, Non-Executive Director, kaufte 175.000 Aktien zu einem Durchschnittspreis von 51,16 Pence pro Aktie, was ihm eine Beteiligung von 0,06% an dem Unternehmen einbrachte.
Uranium Royalty Corp war in diesem Monat der Junior mit der schlechtesten Performance und sank um 24,8 % (↑ 7,9 % 3 Monate), nachdem es angekündigt hatte, dass es sein Aktienprogramm am Markt erneuert hat, das es dem Unternehmen ermöglicht, von Zeit zu Zeit bis zu 40 Mio. US-Dollar an Stammaktien des Unternehmens an die Öffentlichkeit auszuschütten.
Das Unternehmen beabsichtigt, den Nettoerlös aus solchen Verkäufen im Rahmen des ATM-Programms zur Finanzierung des Erwerbs zusätzlicher Lizenzgebühren, Streams, physischer Uran- und ähnlicher Anteile sowie für das Betriebskapital zu verwenden.
Im Laufe des Monats veröffentlichte Uranium Royalty Corp auch seine Zwischenergebnisse für die drei Monate zum 31. Juli 2022. Während in diesem Zeitraum keine Einnahmen erzielt wurden, da sich das Unternehmen derzeit in einer Wachstumsphase befindet, verfügte es über rund 133 Mio. CAD in bar, marktfähigen Wertpapieren und physischen Uranbeständen.

Triple Flag Reports Q3 2022 Metal Sales

https://www.businesswire.com/news/home/20221013006015/en/
TORONTO--(BUSINESS WIRE)--Triple Flag Precious Metals Corp. (with its subsidiaries, “Triple Flag” or the “Company”) (TSX:TFPM, NYSE:TFPM) today announced revenue of $33.8 million for the third quarter of 2022, translating to metal sales of 19,523 gold equivalent ounces¹ (“GEOs”). All dollar amounts are expressed in US dollars.
As noted last quarter, our GEOs sales are expected to be weighted toward the fourth quarter of 2022. We are expecting our full-year 2022 GEOs sales to meet the low end of our guidance range.
Preliminary Q3 2022 Sales and Revenue

New Resource Disclosed on Globex’s Nordeau West Gold Royalty Claims
https://ceo.ca/@GlobeNewswire/…-globexs-nordeau-westgold
This totals 311,000 troy ounces of gold more than doubling the previous 2009 NI 43-101 resource calculation reported by MRB & Associates for Plato Gold Corp.“The estimate of the West Nordeau deposit was made from a database consisting, as of July 12, 2022, of 154 drill holes totaling 55,097 m drilled, 6,873 deviation measurements as well as 18,973 samples analyzed for the gold and collected over a core length of 19,785 m representing 36% of the core length drilled. This database contains 820 blank and standard samples, inserted for QA/QC by previous operators: Chalice Gold Mines Limited and O3 Mining Inc. between March 11, 2017 and March 17, 2020. This database was validated before starting the resource estimate. The estimate was carried out on 8 mineralized structures, intersected by 4,982 m of drilling, having produced 802 different gold intersections.

”Additionally, in the press release it is stated that, among the parameters used in the NI 43-101 report, was the following, “For the West Nordeau deposit: Globex Mining Enterprises Inc. royalty cost of CAD $64.80/troy ounce;”. Using this Globex royalty cost, a quick calculation provides the following value for Globex’s 3% GMR royalty on the currently defined West Nordeau gold deposit, 311,000 troy ounces X $64.80 per troy ounce = $20,152,800 on the assumption that all the defined ounces are on the Globex royalty claims.

Also, in the Cartier press release, the next drill target areas are defined on a composite long section by Cartier hereunder, which indicates that drilling will be undertaken to explore the West Nordeau deposit to depth.
[Blockierte Grafik: https://ml.globenewswire.com/Resource/Download/f4031ebf-cf51-4fb7-8749-ad8213afa0ba?size=3]

EMPRESS ROYALTY CLOSES PRIVATE PLACEMENT AND WELCOMES NEW STRATEGIC INVESTOR

VOX ANNOUNCES Q3 2022 REVENUES

https://www.newswire.ca/news-r…2-revenues-869272681.html
TORONTO, Oct. 27, 2022 /CNW/ - Vox Royalty Corp. (TSXV: VOX) (NASDAQ: VOXR) ("Vox" or the "Company"), a returns focused mining royalty company, is pleased to announce that it has realized preliminary quarterly royalty revenue receipts of US$2,976,000⁽¹⁾ for the three-month period ended September 30, 2022.
Strong Q3 2022 Preliminary Revenues
Quarterly revenue was largely driven by record gold royalty revenues from the Segilola gold royalty asset during the period along with consistent quarter over quarter revenues associated with the Wonmunna iron ore royalty.
Quarterly, year to date, and annual royalty receipts guidance figures are summarized in the below table:

Kyle Floyd, Chief Executive Officer stated: "The past three months have been incredibly productive for Vox, with near-record quarterly revenues, declaration of an inaugural quarterly dividend, commencement of trading on The Nasdaq Stock Market and production commencement at the Otto Bore gold mine. Despite uncertain macroeconomic and geopolitical times, Vox continues to deliver sector leading returns on deployed capital for investors, driven by technically-sound royalty asset selection. The outlook for upcoming organic developments in Vox's current portfolio of royalties, as well as counter-cyclical accretive royalty acquisitions, remains very strong."

Trident Royalties Plc (AIM: TRR), the diversified mining royalty company, is pleased to provide an update on its activities during the quarter ended 30 September 2022.HIGHLIGHTS
Significant growth in Q3 royalty receipts, building a strong cash position
· Q3 2022 receipts of US$2.4 million from exposure to gold, copper, and iron ore. A quarter-on-quarter increase of over 20% (when adjusted for one-off events) and a sixfold increase over Q3 2021.

*Reserve Bank of Australia for 30 September 2022 (0.6502) and 30 June 2022 (0.6889)
· The royalty payment from the Koolyanobbing Iron Ore Project benefitted from a 26% increase in production from Trident's royalty area and stronger iron ore prices, offset by a weaker A$ and routine pricing adjustments from previous quarters.
· Production is imminent at the Mimbula Copper Project via a 10,000tpa Phase 1 operation, with a Bankable Feasibility study completed for an expansion to 56,000tpa (Phase 2) and gross proceeds totalling US$235 million raised by the operator in 2022 via private placement and offtake financing.
· 27% higher income from gold offtakes in the quarter from a 35% increase in gold deliveries, notwithstanding lower gold prices and volatility over the period.
· Cash of US$21.5 million as of 28 October 2022, providing a strong platform for further acquisitions to continue to grow the portfolio.
Positive asset-level progress by project operators
·Ganfeng Lithium Co. Ltd, the operator of the Sonora Lithium Project, noted its intent to accelerate construction of the project while also flagging a significant increase in the planned production rate, with Stage 2 increasing by 43% to 50kt per annum.¹
o In addition, during the quarter, Trident secured a favourable amendment of its right-to-fund the acquisition of the Sonora Lithium Royalty.²
· Lithium Americas Corp., the operator of the Thacker Pass Lithium Project, announced that the oral hearing for finalisation of the Record of Decision has been scheduled for 5 January 2023. With a date now set, Trident expects a resolution in early-2023, with construction expected to commence thereafter.³
· Ramelius Resources Ltd, the operator of the Rebecca Gold Project, released an updated and increased Mineral Resource estimate of 1.2Moz, based on only 9,070 meters from an ongoing 75,000 meter drilling campaign.⁴
· Seduli Sutter Operations Corp., the operator of the Lincoln Gold Project, has shifted its near-term focus to prioritise Mineral Resource expansion. Trident is supportive of this position and has provided waivers in exchange for the implementation of a quarterly minimum payment schedule which effectively replicates the expected income from Stage 1 production, which was deferred.⁵


Adam Davidson, Chief Executive Officer of Trident commented:
"In Q3 2022 we saw a +20% increase in quarter-over-quarter revenue to $2.4 million. This represents a sixfold increase from the same period last year, demonstrating the growth potential of our business.
We have seen positive updates at many of our assets, including several of our key investments. The setting of a date for the Thacker Pass appeal process creates a clearer timetable for this major lithium project. Mimbula, Sonora, and Los Filos have all announced encouraging progress regarding future expansions and development. This is testament to our ability to access good assets, and we are delivering on our strategy of providing diversified exposure, including battery, base, and precious metals, as well as bulk commodities.
We look forward with confidence. We have a solid core portfolio and an exciting pipeline of opportunities. Our balance sheet is strong which, combined with rising internal cash generation, makes us well placed to create further value for our shareholders."


Royalty Portfolio Update:
Thacker Pass Lithium Project
· Post quarter-end, Lithium Americas Corp., operator of the Thacker Pass Lithium Project, confirmed that the oral hearing regarding the appeal of the issuance of the Record of Decision has been scheduled for 5 January 2023.⁶ Trident expects construction to commence following a positive resolution.
· Lithium Americas announced that it has signed a Community Benefits Agreement with the largest Native American community within the vicinity of the Thacker Pass project and is moving ahead with final selection of an engineering, procurement, and construction management contractor for project construction, as well as progressing their application to the U.S. Department of Energy Advanced Technology Vehicles Manufacturing loan programme.⁷
Sonora Lithium Project
· Ganfeng Co Ltd, operator of the Sonora Lithium Project, highlighted that the project is under construction, which it intends to accelerate. In addition, Ganfeng highlighted an increase in the planned production rate relative to the previous Feasibility Study published by Bacanora Lithium⁸, with potential Stage 2 production increasing by 43% to 50,000 tonnes per annum of lithium hydroxide.¹
· Trident secured a favourable amendment of the right-to-fund the acquisition of the Sonora Lithium Royalty, with the long-stop date to complete the acquisition extended to the earlier date of 31 January 2025, or the date which is 6 months after the first Royalty payment. In addition, the agreement has been amended to include a provision that, at the time of Trident's funding, no material changes in Mexico's regulatory regime affect Sonora.¹ The Mexican government has subsequently confirmed that existing lithium concessions - including those at Sonora - will be respected as long as licences are kept in good order.⁹
Lincoln Gold Project
· Seduli Sutter Operations Corp., operator of the Lincoln Gold Project, has shifted its near-term focus to prioritise mineral resource expansion. Trident is supportive of this position and provided waivers in exchange for the implementation of a quarterly minimum payment schedule, first payment of which was received in the quarter. The minimum payment schedule was structured such that it will replace the revenue expected from deferred Stage 1 production, which was deferred.⁵
Rebecca Gold Project
· Ramelius Resources Ltd, operator of the Rebecca Gold Project, announced an increased JORC 2012 compliant Mineral Resources estimate to 31Mt @ 1.2g/t from 1.2Moz Au (Indicated: 26.0Mt @ 1.2 g/t Au; Inferred: 5.7Mt @ 1.0g/t Au).⁴ In addition, Ramelius announced that work is underway to generate Ore Reserves and that further drilling for Resource definition, geotechnical studies and waste-dump sterilisation work has been scheduled towards the end of 2022.¹¹
Warrawoona Gold Project
· Calidus Resources, operator of the Warrawoona Gold Project, noted that it achieved nameplate production capacity of 2.4Mtpa in the quarter and intends to expand the mine's gold production to 130koz per annum.^{12, 15} Trident anticipates that this could potentially pull forward expected gold production from the tenements covered by its royalty.
Mimbula Copper Project
· Moxico Resources PLC anticipates first copper cathode production imminently from the Mimbula Copper Project in Zambia from its 10,000tpa Phase 1 operation. In addition, a Bankable Feasibility study was completed in August 2022 contemplating an expansion to 56,000tpa (Phase 2). Moxico raised gross proceeds of US$85.0 million via a private placement in H1-22, and subsequently secured a further US$150.0 million via an offtake agreement with US$50 million immediately available.¹⁰
Offtakes Portfolio Update:
Gold Deliveries
· Gold deliveries increased by 35% during the quarter, from 48,657 gold ounces in Q2 to 65,865 in Q3. Gold spot price declined by $145 per ounce over the course of Q3 impacting margins. Gold volatility, as measured by the average 7-day volatility of the LBMA PM Gold Fix over the quarter, increased by 10% relative to the previous quarter, however, price volatility remains below recent and historical averages.
· Trident anticipates gold deliveries to continue to increase over the coming quarters in line with operator guidance.

https://www.londonstockexchang…ctivities-update/15695881

MAVERIX ANNOUNCES PRELIMINARY THIRD QUARTER 2022 METAL SALES, PROVIDES ASSET UPDATE AND JOINS UNITED NATIONS GLOBAL COMPACT
https://www.newswire.ca/news-r…al-compact-879844988.html
VANCOUVER, BC, Nov. 2, 2022 /CNW/ - Maverix Metals Inc. ("Maverix" or the "Company") (NYSE American: MMX) (TSX: MMX) is pleased to announce that it has sold approximately 7,900 attributable gold equivalent ounces^1,2 ("GEOs") during the three months ended September 30, 2022 and the Company remains on track to achieve its adjusted guidance of 28,000 to 31,000 attributable GEOs for 2022.³
Ryan McIntyre, President of Maverix, commented, "We are thrilled to see several of our royalty counterparties announce positive operational updates contributing to our impressive GEO sales this quarter, highlighted by the continued operating success at Camino Rojo as well as further encouraging drilling results at Beta Hunt and Eskay Creek. Having sold approximately 7,900 GEOs in the third quarter, we are well on track to meet our adjusted 2022 guidance. Our portfolio continues to see several underlying development assets advance and our organic pipeline grow with the recent acquisitions of a royalty portfolio from Barrick and a royalty on the Sleeping Giant mine located in the prolific Abitibi region of Quebec. We are also pleased to announce that Maverix is now a participant in the United Nations Global Compact and we look forward to integrating its principles into our business and working with our counterparties towards long term environmental protection and social benefits in the communities where they operate."
Asset Updates....

Precious Metals Royalty And Streaming Companies: The October Report

veröffentlicht bei Seeking Alpha von Peter Arendas

Summary

• The Precious Metals R&S Index increased by 2.43% in October.
• The Precious Metals R&S Equally Weighted Index increased by 2.28%.
• The best performance was recorded by Empress Royalty; its share price grew by 52.94%.
• The biggest decline was experienced by Sailfish Royalty; its share price declined by 21.54%.

https://www.proactiveinvestors…hining-lights-997273.html

Royalty Round up: Mild respite with some shining lights