royalty

Globex Mining Enterprises (TSX: GMX) President David Christie spoke with Chris Thompson of eResearch in a video interview covering how the company’s project generator and royalty business model builds and monetizes a portfolio of more than 270 mineral assets across North America. With roughly $40 million in cash and securities and zero debt, Globex acquires properties, adds value through exploration and geophysics, and options them to partners for cash, shares, and retained royalties, without raising capital from markets. For some projects, the company does more development work before finding a partner, but a royalty is always the goal. On the Globex side, key 2026 catalysts include drill programs at Cadillac Wood and Rouyn-Merger in Quebec. On the partner side, watch for a maiden resource at Bald Hill Antimony in New Brunswick, a feasibility study at Mont Sorcier iron ore, and continued drilling at Devil’s Pike (now called Golden Pike). [more]

Royal Gold (NASDAQ: RGLD) will acquire Sandstorm Gold (TSX: SSL | NYSE: SAND) and Horizon Copper (TSXV: HCU) in transactions valued at approximately US$3.5 billion and $196 million, respectively. The deals are expected to close in late 2025 and will significantly expand Royal Gold’s streaming and royalty portfolio to 393 assets, including 80 producing properties. The company anticipates a 26% increase in gold equivalent output and an 87% revenue mix from precious metals. The acquisitions align with a broader trend of consolidation and diversification in the mining royalty space amid rising demand for gold and copper. [more]