1. GROY completed acquisition of a royalty on Pedra Branca mine. 2. Acquisition grants a 25% NSR on gold and 2% NSR on copper. 3. The Neves-Corvo mine's depletion impacts long-term production capacity. 4. Gold Royalty aims to build a diversified metals portfolio. 5. GROY focuses on sustainable and responsible mining operations.
FAQ
Why Bullish?
The acquisition enhances GROY's gold and copper revenue prospects. Similar acquisitions historically boosted mining companies' valuations.
How important is it?
The Pedra Branca acquisition strengthens GROY's revenue base, directly affecting future earnings.
Why Long Term?
The acquisition contributes to GROY's long-term strategy of portfolio diversification and revenue stability.
VANCOUVER, BC, Dec. 12, 2025 /PRNewswire/ - Gold Royalty Corp. ("Gold Royalty" or the "Company") (NYSE:GROY) is pleased to announce that, further to its news release dated December 8, 2025, it has completed its acquisition of a royalty (the "Royalty") on the Pedra Branca operating copper and gold mine ("Pedra Branca"), currently owned and operated by a subsidiary of BHP Group Limited (the "Transaction").
The Royalty consists of a 25% NSR on gold and a 2% NSR on copper and other products produced from the Pedra Branca mine, comprising the Pedra Branca West and Pedra Branca East areas, and the former Antas North mine which has been fully depleted.
About Gold Royalty Corp.
Gold Royalty Corp. is a gold-focused royalty company offering creative financing solutions to the metals and mining industry. Its mission is to invest in high-quality, sustainable, and responsible mining operations to build a diversified portfolio of precious metals royalty and streaming interests that generate superior long-term returns for our shareholders. Gold Royalty's diversified portfolio currently consists primarily of net smelter return royalties on gold properties located in the Americas.
View original content:https://www.prnewswire.com/news-releases/gold-royalty-completes-pedra-branca-royalty-acquisition-302640000.html
SOURCE Gold Royalty Corp.