Information
All dollar figures in US$ unless otherwise notedVANCOUVER, BC, Feb. 22, 2026 /CNW/ - LunR Royalties Corp. ("LunR", "LunR Royalties", or the "Company") (TSXV:LUNR) is pleased to announce that it
Original sourceAI Summary
LunR Royalties Corp. is set to acquire a silver stream from Lundin Gold's Fruta Del Norte mine, valued at approximately $670 million. This transaction positions Newmont Corporation as a major shareholder in LunR, enhancing their presence in the precious metals sector and potentially increasing cash flow from this high-quality asset.
Sentiment Rationale
Increased exposure to precious metals through a strategic acquisition can enhance Newmont's valuation and investor sentiment.
Trading Thesis
Consider buying NEM as its stake in LunR could drive long-term value through enhanced exposure to precious metals.
Market-Moving
- Newmont's stake in LunR increases its exposure to lucrative silver production.
- Fruta Del Norte's projected gold and silver output may boost Newmont's revenue.
- Future exploration success at the mine could lead to higher mineral reserves.
- Any operational improvements in FDN could enhance LunR’s cash flow, benefiting Newmont.
Key Facts
- LunR Royalties acquires a silver stream from Lundin Gold's Fruta Del Norte mine.
- The acquisition is valued at approximately $670 million in shares.
- Newmont will become a major shareholder in LunR after the transaction.
- Fruta Del Norte is forecasted to produce 475,000-525,000 ounces of gold in 2026.
- The deal enhances LunR's positioning as a significant player in precious metals.
Companies Mentioned
- Newmont Corporation (NEM): Becoming a major shareholder in LunR enhances NEM's exposure to silver.
- Lundin Gold Inc. (LUG): Owner of Fruta Del Norte, critical for LunR's acquisition success.
- LunR Royalties Corp. (LUNR): The silver stream acquisition enhances its portfolio and cash flow.
Corporate Developments
This news falls under Corporate Developments as it reshapes the ownership structure and strategic partnerships in the mining sector. It highlights the increasing focus on precious metals through mergers and acquisitions.