Latest Royalties News

Atlantic Lithium has reported a year of major progress at its Ewoyaa lithium project, including Ghanaian parliamentary approval of its mining lease and a proposed US$210 million takeover by Zhejiang Huayou Cobalt. But the audited accounts also flag material uncertainty over funding if the scheme does not proceed.

Viking Mines has hit 14 metres at 0.56% WO3 in the first assay from maiden drilling at its Linka tungsten project in Nevada. The result confirms mineralisation below historic workings, although a duplicate sample returned a lower grade and no resource has yet been defined.

Kingsgate Consolidated has increased Nueva Esperanza’s Ore Reserves by 31% for silver and 37% for gold, extending the assumed reserve life beyond 12 years. The gains are largely driven by higher price assumptions and lower royalties rather than new drilling.

Leeuwin Metals will acquire three Western Australian exploration tenements covering about 105km², including ground adjoining the Marvel Loch gold mine. The all-scrip deal requires no cash payment, but two of the licences remain applications and the exploration case is still at an early stage.

St Barbara will sell its remaining New Simberi interest and Tabar Islands exploration exposure to Lingbao for A$453 million in cash, while retaining royalties over future production. The deal could leave the gold developer with about A$880 million in cash, but completion still depends on regulatory and potentially shareholder approvals.

Sentinel Metals has secured a seven-year option to buy out a legacy 1% royalty over claims hosting roughly 500,000 ounces of Columbia’s current resource. The deal caps the purchase price at 500 ounces of gold while limiting near-term payments to 5 ounces a year.

Sovereign Metals says a simple add-on circuit at its Malawi project could generate US$722 million of pre-tax value from monazite by-product recovery. The opportunity is commercially striking, but remains a preliminary scoping result dependent on further testwork, approvals, funding and customer qualification.

Rox Resources has increased Youanmi’s Ore Reserve by 8% to 727,000 ounces after mining depletion, while the broader Mineral Resource edged up to 2.195 million ounces. The update excludes results from recent surface and underground drilling programs, leaving future revisions as a potential source of change.

Encore Minerals has approved development of the Windarra Tailings Project, triggering a $400,000 payment to Maritana Minerals and preserving the company’s exposure to future gold production through royalties. Encore will carry the project’s development and operating costs, although key execution milestones remain ahead.

Red Hill Minerals has more than doubled FY2026 net profit to A$20.1 million as its Onslow Iron royalty delivered A$28.8 million in income. The ASX-listed miner declared a fully franked final dividend of 10.8 cents per share, taking FY2026 distributions to 22.4 cents per share.

Australasian Metals has locked in a three-month exclusive option to acquire majority stakes in two promising lithium projects in Côte d'Ivoire, marking a strategic move into West Africa's emerging critical minerals scene.

Polymetals Resources has boosted the Endeavor Mine’s Mineral Resource to 20.7 million tonnes, adding 1.3 Mt of high-grade sulphide mineralisation in the Upper Main Lode despite ongoing depletion and a more conservative density model.