Royalty Financing

Business

Newmont's Saddle North Royalty Deal Signals Shift in Mining Finance Strategy

Newmont Corporation has sold a 1% net smelter return royalty on its Saddle North gold-copper deposit to Summit Royalties Ltd., highlighting the growing role of alternative financing in major mining projects. The move provides Newmont with equity consideration while retaining operational control, reflecting a nuanced approach to capitalizing on its resource pipeline amid volatile commodity markets.

Business

Gold Royalty Secures $150M War Chest, Fuels Growth Amid Record Revenue Surge

Gold Royalty Corp. (GROY) has bolstered its financial flexibility with an expanded $150 million credit facility, coinciding with record revenue growth from its portfolio of royalty-linked mines. The move has reignited investor interest, with shares posting strong returns, but questions remain about whether the current valuation fully captures the company's future potential.