Core Viewpoint - EMX Royalty Corporation has announced the acquisition of a royalty interest in the Chapi copper mine in Peru, which is expected to enhance its portfolio with significant upside potential in a prolific mining region [1][4]. Summary by Sections Acquisition Details - EMX will acquire a royalty interest of up to 2% of Net Smelter Returns (NSR) on minerals produced from the approximately 26,000 hectare property owned by Minera Pampa de Cobre S.A.C. (MPC) [2] - The agreement includes a Facilities Royalty and an Area of Interest (AOI) Royalty, both also capped at 2% NSR, with specific conditions for reduction after July 1, 2034 [2] - EMX has paid US$3,000,000 for the first 1% NSR interest, with an option to acquire an additional 1% for US$7,000,000 until February 28, 2025 [2] Security and Guarantees - EMX's right to receive royalty payments is secured by a guarantee from Quilla Resources Inc. and various security instruments in Peru, subordinated to Hartree Partners, LP [3] Company Background - Quilla Resources Inc., which owns MPC, was formed in December 2024 and aims to build an intermediate-sized base metals company, led by experienced mining executive Victor Gobitz [5] Chapi Mine Overview - The Chapi Mine has historical production of approximately 5,000 to 8,500 tonnes per annum of copper from 2006 to 2012, with grades reported between 0.59% and 1.04% copper [7] - The mine has been under care and maintenance since 2012, with principal permits remaining in place [8] Geological Context and Exploration Potential - The Chapi Mine is located in a region known for significant porphyry copper deposits, contributing to Peru's status as the second-largest copper producer globally [9] - The land package includes well-mineralized horizons with potential for resource expansion and exploration for higher-grade copper mineralization [10][11] Restart Plans - Quilla's plan is to restart operations at the Chapi Mine, targeting an initial production of 10,000 tonnes per annum of copper cathode, with production expected to commence in the first half of 2026 [12]

Core Insights - EMX Royalty Corporation reported strong financial results for Q3 2024, driven by robust royalty production and high metal prices, particularly from Caserones, Gediktepe, and Leeville [3][5][13] - The company expects to exceed its 2024 adjusted royalty revenue guidance of $22 million to $27.5 million [7][9] Financial Performance - For Q3 2024, adjusted revenue and other income reached $9.66 million, a 23% increase from Q3 2023, while adjusted royalty revenue was $8.82 million, up 45% year-over-year [4][5][13] - Net income for Q3 2024 was $1.19 million, compared to a net loss of $5.06 million in the same quarter of the previous year [4] - Cash flows from operating activities were negative at $(0.19) million, down from $7.12 million in Q3 2023 [4][8] Royalty Production - The company sold 3,560 gold equivalent ounces (GEOs) in Q3 2024, a decrease from 6,608 GEOs in Q3 2023 [4][14] - Significant increases in royalty revenue were noted from Gediktepe (72% increase) and Leeville (44% increase) compared to Q3 2023 [13] Development and Investments - EMX continues to invest in generating and acquiring royalties globally, with notable investments from Zijin Mining Group at Timok and increased exploration activities [6][10] - The company is optimistic about growth prospects from major deposits at Caserones and Timok, with ongoing exploration and development efforts [10][11] Corporate Updates - Stefan Wenger was appointed as Chief Financial Officer effective October 1, 2024, bringing prior experience from Royal Gold, Inc. [17] - In August 2024, EMX entered a $35 million credit agreement with Franco-Nevada Corporation to refinance existing debt and support working capital [18] - The company repurchased 692,189 common shares during Q3 2024, reflecting a commitment to returning value to shareholders [19]

Vancouver, British Columbia--(Newsfile Corp. - November 1, 2024) - EMX Royalty Corporation (NYSE American: EMX) (TSXV: EMX) (FSE: 6E9) (the "Company" or "EMX") is pleased to announce the execution of an exploration and option agreement for its Yarrol, Mt Steadman and Queensland Gold projects to Mila Resources PLC ("Mila", LSE:MILA). Mila is a well-capitalized London Stock Exchange listed company seeking to broaden its exploration portfolio in Australia. The agreement provides EMX with a cash payment, warra ...

Core Insights - EMX Royalty Corporation announced new exploration results from the Viscaria copper-iron-silver project in Northern Sweden, indicating multiple new mineralization discoveries [1][2] - The operator, Viscaria Gruvaktiebolag, is progressing with final permitting and has begun construction of a water treatment plant, aiming to commence production in 2026 [1][4] Exploration Results - Viscaria has completed over 9,000 meters of drilling in its first "near mine" exploration campaign, leading to the identification of new mineralization zones, including the newly defined "ABBA" zone [2][3] - Significant drill results include: - An intercept of 43.2 meters at 1.12% Cu and 31.35% Fe from depths of 1107 to 1050.2 meters in hole VDD24055 [3] - An intercept of 13.3 meters at 2.42% Cu and 4.96 g/t Ag from depths of 498.1 to 511.4 meters in drill hole VDD23116 [3] Royalty Structure - EMX's royalty interest covers the A, B, and D zones, consisting of a 0.5% NSR royalty that escalates to an uncapped 1% NSR royalty after $12 million has been paid to the royalty holder [5] Project Background - The Viscaria deposit is located near LKAB's Kiruna iron mine and is classified as part of the Iron-Oxide-Copper-Gold (IOCG) deposit type [6] - The mine has a history of ownership changes, with operations starting in 1983 and various companies involved until EMX acquired the royalty in 2009 [6]

Core Viewpoint - EMX Royalty Corporation's royalty partner, Zijin Mining, reported significant increases in copper and gold production at the Timok project in Serbia during the first half of 2024, indicating strong operational performance and growth potential for EMX's royalty interests [3][4]. Production Update - Zijin Mining produced 90,008 tonnes of copper and 2,894 kilograms of gold from the Cukaru Peki Mine in H1 2024 [3]. - EMX reported record Q2 royalty revenues of $1,586,000, reflecting the increased production levels [3]. Capacity Expansion - The combined capacity of Zijin's Serbia operations is now 450,000 tonnes of copper annually, a significant increase from previous years [3]. - Zijin is expanding the processing plant's throughput at Cukaru Peki from 12,000 tonnes per day to 15,000 tonnes per day to enhance production efficiency [4]. Development Projects - Zijin is developing the Lower Zone porphyry copper-gold deposit at Cukaru Peki through block caving, which is expected to be a major project in the global mining landscape [4]. - The MG Zone in the southern part of the Cukaru Peki Mine shows high-grade copper-gold exploration potential, although the success of these exploration efforts remains uncertain [5]. Royalty Structure - EMX holds a 0.3625% NSR royalty over Zijin's Brestovac exploration permit area and a 2% NSR royalty on precious metals and a 1% NSR royalty on base metals on the Brestovac West License [6]. - All of EMX's Timok royalties are uncapped and cannot be repurchased or reduced, ensuring ongoing revenue from Zijin's production [6].

EMX Executes Agreement to Sell its Gumsberg Polymetallic Project in Sweden to Alpha Future FundsOctober 22, 2024 7:30 AM EDT | Source: EMX Royalty Corp.Vancouver, British Columbia--(Newsfile Corp. - October 22, 2024) - EMX Royalty Corporation (NYSE American: EMX) (TSXV: EMX) (FSE: 6E9) (the "Company" or "EMX") is pleased to announce the execution of an exploration and option agreement dated October 16, 2024 for its Gumsberg Project in Sweden to Alpha Future Funds S.C.S, a private Luxembourg ba ...

Vancouver, British Columbia--(Newsfile Corp. - October 4, 2024) - EMX Royalty Corporation (NYSE American: EMX) (TSXV: EMX) (FSE: 6E9) (the "Company" or "EMX") is pleased to announce it has recently repurchased shares in a block trade from an undisclosed seller via its existing Normal Course Issuer Bid ("NCIB") in the amount of two million shares at a price of C$2.05, totaling C$4.1 million or approximately US$3.0M. Since the NCIB was announced on February 7, 2024, EMX has purchased a total of 2,805,346 shar ...

Vancouver, British Columbia--(Newsfile Corp. - September 18, 2024) - EMX Royalty Corporation (NYSE American: EMX) (TSXV: EMX) (FSE: 6E9) (the "Company" or "EMX") is pleased to announce the appointment of Mr. Stefan L. Wenger as Chief Financial Officer effective October 1, 2024. Mr. Wenger was previously the Chief Financial Officer and Treasurer of Royal Gold, Inc., one of the mining industry's leading royalty companies, from 2006 to 2018. Prior to becoming Royal Gold's CFO, Mr. Wenger was the Chief Accounti ...

For almost a decade, I occupied research analyst positions in various investment firms, mostly in Toronto. I left the city in the summer of 2021 and moved into a yurt that I built in the boreal forest. I went from living in downtown Toronto to living alone in the woods approximately 100km away from the closest paved road or grocery store.The longer I stay in the woods, the deeper I understand the fundamental role of energy and commodities. Self-sufficiency does not exist whether it is in nature or in societ ...

CatLane Investment Thesis EMX Royalty (NYSE:EMX) reported a good second quarter, citing an "$8.76M and $7.84M in adjusted revenue and other income and adjusted royalty revenue, respectively, which represented a 32% and 49% increase, respectively, compared to Q2 2023". I think the company has a variety of undervalued assets in their royalty portfolio, strong cash flow, and a cheap valuation. Thus, investors who are interested in the junior gold royalty stocks should take a look at buying EMX Royalty at near ...