Gold Royalty Corp. acquires Pedra Branca mine royalty for $70 million

Reuters12-08 15:00
<a href="https://laohu8.com/S/GROY">Gold Royalty Corp</a>. acquires Pedra Branca mine royalty for $70 million

Gold Royalty Corp. has entered into an agreement to acquire an existing royalty on the Pedra Branca mine in Brazil from BlackRock World Mining Trust plc for $70 million in cash. The Pedra Branca mine, currently operated by a subsidiary of BHP Group Limited, is an operating copper and gold mine. The royalty includes a 25% net smelter return $(NSR)$ on gold and a 2% NSR on copper and other products produced from the Pedra Branca West and East areas. Following completion of the transaction, Gold Royalty will receive all royalty payments for production periods ending after December 31, 2025. The acquisition is expected to significantly increase Gold Royalty's cash flow and further enhance its exposure to gold and copper. Completion of the transaction remains subject to customary closing conditions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Gold Royalty Corp. published the original content used to generate this news brief via PR Newswire (Ref. ID: VA41029) on December 08, 2025, and is solely responsible for the information contained therein.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment