Latest Royalty Income News

Fitzroy River Corporation has finished the September quarter with A$24.96 million in cash after monetising its Bowdens Silver royalty, while a New Zealand court case could determine whether it still holds a potentially more valuable Snowy River royalty. Weeks royalty receipts declined year on year, leaving the company reliant on asset sales and future project milestones for its next phase.

Red Hill Minerals collected A$6.0 million from its Onslow Iron royalty in the September quarter while maintaining A$58.7 million in cash after paying a fully franked dividend. Exploration also advanced across copper, gold and base metals, although several results remain early-stage and require further drilling.

Talisman Mining has expanded the shallow gold footprint at its Sheepyard Prospect in New South Wales and is preparing RC drilling to test an untested anomaly at depth. The company has also raised about A$4 million, although part of the funding and director participation still require shareholder approval.

Anagenics says restructuring has reduced quarterly operating cash outflows to A$10,000 and put the business into profitable trading. The company ended September with A$532,000 in cash, while A$377,000 of newly invoiced royalty revenue was still to be received.

Acrux has received clearer FDA guidance for Phase III trials of its female testosterone spray, including potential three-year data exclusivity if the product reaches submission. The company also reported positive September-quarter operating cash flow, but that result was largely driven by a $1.977 million R&D tax rebate and Acrux says it is still pursuing funding for the clinical programme.

Gullewa’s full-year profit fell sharply despite a $2.98 million royalty stream from the Deflector Project. The company is expanding its property and gold exposure while maintaining a fully franked dividend of 0.7 cents per share.

GWR Group has swung to a $26.84 million FY2026 loss after impairing Gold Valley receivables and booking a $10.19 million rehabilitation provision linked to Wiluna West. The company still holds $37.13 million in cash, but its accounts warn of material uncertainty after a $19.85 million capital distribution to shareholders.

Juno Minerals has completed the sale of its Mount Mason project for A$6 million plus a 2% production royalty, but the buyer has pushed development into 2027. The company is now concentrating on finding a partner for its large, capital-intensive Mount Ida magnetite project.

High Peak Royalties reported a A$1.59 million FY26 profit after completing its Northstar transaction, which generated a A$1.90 million accounting gain. The underlying royalty business was softer, with royalty revenue and operating cash flow both declining year on year.

Talisman Mining’s Sheepyard prospect has emerged as the company’s clearest exploration opportunity after drilling outlined shallow gold mineralisation across an unconstrained 800-metre strike. But the annual report also shows a shrinking royalty income stream, a $2.705 million loss and fresh reliance on equity funding.

Pearl Gull Iron turned a $514,327 loss into a $1.50 million profit after selling its Cockatoo Island Project. But the ASX-listed explorer remains suspended, holds no mining tenements and is yet to identify its next project.

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.