We have 18 principal royalty and streaming related assets across five continents, providing diversified commodity exposure.

99% of our portfolio is located in OECD mining jurisdictions.

Asset Commodity Location Operator/developer Royalty basis Mine life
Voisey's Bay Cobalt Canada Vale 22.82% Stream 2035
Mantos Blancos Copper Chile Capstone Copper 1.525% NSR 2038
IOC Iron Ore Canada Rio Tinto 7% GRR (indirect) 2045
Maracás Menchen Vanadium Brazil Largo Resources 2% NSR 2041
McClean Lake mill Uranium Canada Cameco 22.5% of Toll Milling Revenue 2037
Kestrel Coking Coal Australia EMR Capital and Adaro 7–40% GRR 2026*
EVBC Gold Spain Orvana Minerals 2.5–3% NSR 2026
Four Mile Uranium Australia Quasar Resources
 
1% NSR 2029
Carlota Copper USA Carlota 5% NSR 2024

* Mining operations at Kestrel will materially move out of the Company’s royalty area by the end of 2026.  

Asset Commodity Location Operator/developer Royalty basis Mine life
West Musgrave Nickel & Copper Australia Oz Minerals 2% NSR 2051
Santo Domingo Copper & Cobalt Chile Capstone Copper 2% NSR 2044
Nifty Copper Australia Cyprium 1.5% Realised Value 2030
Incoa Calcium carbonate Dominican Republic/USA Incoa ~1.23% GRR tbc
Piauí Nickel & Cobalt Brazil Brazilian Nickel 1.25% GRR 2042
Salamanca Uranium Spain Berkeley Energia 1% NSR 2039
Asset Commodity Location Operator/developer Royalty basis Mine life
Pilbara Iron Ore Australia BHP 1.5% GRR  
Cañariaco Copper & Gold Peru Candente Copper 0.5% NSR  
Ring of Fire Chromite Canada Wyloo Metals 1% NSR  
  • Producing
  • Development
  • Early stage