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Precious Metals Streaming
Precious metals streaming is a term for when a company makes an agreement with a mining company to purchase all or part of their precious metals production at a predetermined discounted price to which both parties agree. In return, streaming companies provide upfront financing for mining companies looking for capital. The precious metals defined by the agreement are usually a by-product of what the mining company's business is based on, typically base metals such as copper. The first known example of precious metals streaming was in 1987, relating to gold at the Goldstrike mine. Wheaton Precious Metals, Franco-Nevada, Royal Gold Royal Gold is one of the world's leading precious metals streaming and royalty companies engaged in the acquisition and management of precious metal streams, royalties and similar production-based interests. Royal Gold owns a large portfolio of pr ..., Osisko Mining and Sandstorm Gold are the largest precious metals streaming companies. These streaming ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Precious Metal
Precious metals are rare, naturally occurring metallic chemical elements of high economic value. Chemically, the precious metals tend to be less reactive than most elements (see noble metal). They are usually ductile and have a high lustre. Historically, precious metals were important as currency but are now regarded mainly as investment and industrial raw materials. Gold, silver, platinum, and palladium each have an ISO 4217 currency code. The best known precious metals are the coinage metals, which are gold and silver. Although both have industrial uses, they are better known for their uses in art, jewelry, and coinage. Other precious metals include the platinum group metals: ruthenium, rhodium, palladium, osmium, iridium, and platinum, of which platinum is the most widely traded. The demand for precious metals is driven not only by their practical use but also by their role as investments and a store of value. Historically, precious metals have commanded much higher pri ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Base Metal
A base metal is a common and inexpensive metal, as opposed to a precious metal such as gold or silver. In numismatics, coins often derived their value from the precious metal content; however, base metals have also been used in coins in the past and today. Specific definitions In contrast to noble metals, base metals may be distinguished by oxidizing or corroding relatively easily and reacting variably with diluted hydrochloric acid (HCl) to form hydrogen. Examples include iron, nickel, lead and zinc. Copper is also considered a base metal because it oxidizes relatively easily, although it does not react with HCl. In mining and economics, the term base metals refers to industrial non-ferrous metals excluding precious metals. These include copper, lead, nickel and zinc. The U.S. Customs and Border Protection agency is more inclusive in its definition of commercial base metals. Its list includes—in addition to copper, lead, nickel, and zinc—the following metals: iron and st ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Motley Fool
The Motley Fool is a private financial and investing advice company based in Alexandria, Virginia. It was founded in July 1993 by co-chairmen and brothers David Gardner and Tom Gardner, and Erik Rydholm, who has since left the company. The company employs over 300 people worldwide. Company name The name “Motley Fool” is taken from Shakespeare’s comedy ''As You Like It''. It references the one characterthe court jesterwho could speak the truth to the Duke without having his head lopped off. History Early years In 1994, The Motley Fool published a series of statements online promoting a nonexistent sewage-disposal company. The messages, which were an April Fool's joke designed to teach a lesson about penny stock investing, garnered widespread attention, including an article in ''The Wall Street Journal''. In August that year, the Gardners parlayed their one-year-old investment newsletter into a content partnership with America Online (AOL). In December, they were profiled ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Goldstrike Mine
Goldstrike is a gold mine in Eureka County in north-eastern Nevada. It is located on the Carlin Trend, a prolific gold mining district. It is owned and operated by Barrick Gold. Since Barrick acquired Goldstrike in 1986, until 2018 it produced 44.4 million ounces of gold. History The first discovery of gold in the Goldstrike property was in 1962 by Atlas Minerals. Gold was first mined from the upper, well-oxidized portion of what became the Post deposit in 1975 by PanCana Minerals Ltd., in a small open-pit heap leach operation. In 1978, Western State Minerals Corporation entered into a joint venture (JV) with PanCana. The JV delineated ore reserves for the Post deposit in 1986. Barrick acquired 100% ownership of the property in December 1986, and mining started in 1987. Geology The Goldstrike mine complex comprises the Betze-Post-Screamer and Meikle-Rodeo deposits. The Goldstrike mine adjoins Newmont Mining's Carlin mine complex. Goldstrike is northwest of the Carlin mine on t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Glacier Media
Glacier Media is a Canadian business information and media products company. It provides news, market information and sector-specific data within North America and internationally. Glacier is headquartered in Vancouver. Its primary operations are in Canada as well as London, England. It is publicly traded on the Toronto Stock Exchange. The company provides news, data and analysis in a range of business sectors. These sectors include: Agriculture, Energy, Mining, Real Estate and Environmental Risk. Glacier also owns community newspapers and websites in British Columbia, Alberta and Saskatchewan. Key areas of operation Glacier provides business information to several industries. Agriculture Glacier’s provides information to farmers regarding technology and techniques to produce crops and rear livestock. The division is called Glacier FarmMedia. It includes publications such as ''The Western Producer'', ''Manitoba Co-operator'', ''Grainews'', ''Alberta Farmer Express'', ''Ca ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Wheaton Precious Metals
Wheaton Precious Metals Corp. is a Canadian multinational precious metals streaming company. It produces over 26 million ounces and sells over 29 million ounces of silver mined by other companies (including Barrick Gold and Goldcorp) as a by-product of their main operations. Originally named Silver Wheaton, the company changed its name to Wheaton Precious Metals on May 10, 2017. In 2016, the company reported attributable production totaling 30.4 million ounces of silver and 353,700 ounces of gold, with net earnings of US$195 million on operating cash flows of $584 million. History Silver Wheaton was established in 2004. It was previously controlled by Goldcorp until December 7, 2006 when Goldcorp's sale of 18 million shares reduced its ownership to 48%. On February 14, 2008 Goldcorp divested itself completely of Silver Wheaton, selling 108 million shares for C$1.566 billion. Silverstone Resources, acquired in 2009 previously traded on the TSX Venture Exchange under the sy ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Franco-Nevada
Franco-Nevada Corporation is a Toronto, Ontario, Canada-based, gold-focused royalty and streaming company with a diversified portfolio of cash-flow producing assets. It is traded on the Toronto Stock Exchange and New York Stock Exchange. The ''Old Franco-Nevada'' was a publicly listed company on the Toronto Stock Exchange from 1983 to 2002. In 1986, Old Franco-Nevada made its first royalty acquisition, and acquired or created additional royalties and resource investments from 1986 to 2002. Following several royalty acquisitions in the 1980s and 1990s, Old Franco-Nevada sold its only mining property to Normandy Mining in exchange for 19.9% of the company's shares. In 2002, Newmont acquired 100% of Franco-Nevada as part of a three-way combination of Newmont, Normandy and Old Franco-Nevada. Newmont maintained Franco-Nevada as a royalty holding division, transferring numerous other royalties to it over the five-year period following the acquisition, building its portfolio of royaltie ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Royal Gold
Royal Gold is one of the world's leading precious metals streaming and royalty companies engaged in the acquisition and management of precious metal streams, royalties and similar production-based interests. Royal Gold owns a large portfolio of producing, development, evaluation and exploration stage streams and royalties on properties located in some of the world's most prolific gold regions and operated by some of the most well-known companies in the mining industry. Streams and royalties can be acquired outright from either a resource company or a private party. In the case of new streams or royalties that are sold to raise financing, the capital provided by Royal Gold is typically directed by our partner companies towards three broad uses: - Investing directly in mining assets (for example, for mine development and construction, mine expansion, or funding exploration work); - Providing liquidity to strengthen balance sheets; - Funding merger and acquisition activity. As a s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Osisko Mining
The Osisko Mining Corporation (formerly Oban Mining Corporation) is a Canadian company that conducts mineral exploration work with a focus on seeking to develop a gold mine in Ontario or Quebec. The company adopted its name following the 2015 merger of five companies that resulted in the re-uniting of the executive management team of the original Osisko Mining Corporation. The new Osisko Mining Corporation is the continuation of Oban Mining Corporation, which itself was the result of the 2014 merger between two Toronto Stock Exchange-listed mineral exploration companies active in South America, Braeval Mining Corporation and Oban Exploration Limited. The other mineral exploration companies involved in the 2015 merger were the TSX Venture Exchange-listed companies Eagle Hill Exploration whose Windfall Lake project would become Osisko's principal project, Temex Resources who brought with it net smelter return royalties on the Canadian Malartic Mine and Goldcorp's Éléonore mine, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sandstorm Gold
Sandstorm Gold Ltd. (formerly Sandstorm Resources) is a Canadian company that provides funding to mining companies in exchange for royalties, principally in the form of net smelter returns and streams. The company focuses on precious metals but did spin off Sandstorm Metals & Energy Ltd. in 2010 as a separate TSX Venture Exchange-listed company to make volumetric production payment transactions in the base metal and fossil fuel sectors, then bought it back in 2014. Sandstorm Gold graduated from the TSX Venture Exchange to the Toronto Stock Exchange and began listing shares on the New York Stock Exchange in 2012. Business model Like Franco-Nevada, Wheaton Precious Metals and Osisko Gold Royalties, Sandstorm Gold makes financial investments in the mining industry in exchange for volumetric production payments or royalties in the forms of net smelter returns and precious metals streaming contracts. These contracts are made with companies involved in mineral exploration or mine devel ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Seeking Alpha
Seeking Alpha is a crowd-sourced content service for financial markets. Articles and research covers a broad range of stocks, asset classes, exchange-traded funds (ETFs), and investment strategies. Unlike other equity research platforms, insight is provided by contributors including a base of investors and industry experts (buy side) rather than sell side. Seeking Alpha was founded in 2004 by former Wall Street analyst David Jackson. In 2011 the company stated it had distribution partnerships with MSN Money, CNBC, Yahoo! Finance, MarketWatch, NASDAQ and TheStreet. Yahoo Finance ended its relationship with Seeking Alpha on July 28, 2014. As of January 2021, the firm self-reported that it had 10 million registered users and attracts over 17 million unique viewers every month. Its average visit duration was 4× more than ''The Economist'', ''Barron's'' or the ''Wall Street Journal.'' Contributors The site's content is primarily generated by independent contributors. As of January ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gold Mining
Gold mining is the extraction of gold resources by mining. Historically, mining gold from alluvial deposits used manual separation processes, such as gold panning. However, with the expansion of gold mining to ores that are not on the surface, has led to more complex extraction processes such as pit mining and gold cyanidation. In the 20th and 21st centuries, most volume of mining was done by large corporations, however the value of gold has led to millions of small, artisanal miners in many parts of the Global South. Like all mining, human rights and environmental issues are common issues in the gold mining industry. In smaller mines with less regulation, health and safety risks are much higher. History The exact date that humans first began to mine gold is unknown, but some of the oldest known gold artifacts were found in the Varna Necropolis in Bulgaria. The graves of the necropolis were built between 4700 and 4200 BC, indicating that gold mining could be at least 700 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
