EMX Royalty

The Company is in the midst of a substantial transformation as the result of a dramatic increase in cash flow which will continue to build throughout 2022, 2023 and beyond. EMX Royalty is a precious, base and battery metals royalty company.

First publicly traded in December 2003, EMX enjoys a land and royalty portfolio spanning 5 continents and 250 plus mineral properties. Copper and gold make up the bulk of the Company’s mineral portfolio, but they also have interests in zinc, silver, nickel, cobalt, lead, molybdenum, and platinum group elements.

EMX focuses on astute allocation of capital via strong technical analysis to employ a unique business model of organic royalty creation or “royalty generation”, as well as royalty acquisition and strategic investment.

Currently, EMX Royalty has five royalty properties in production with over 100 more in the pipeline.

EMX’s investors are provided with discovery, development, and commodity price optionality while limiting exposure to risks inherent to operating companies.

2022 will prove to be a year of significant growth for the Company as it goes from being cash flow negative/neutral to cash flow positive. An abundant increase in capital flow will come from the Leeville (gold) royalty property and the Caserones mine (copper-molybdenum), as well as the Balya (zinc-silver-lead), Gediktepe (gold-silver) and Timok (copper-gold) mines commencing production in addition to other income-producing sources.

The Inner Workings

As the royalty holder, EMX assumes none of the cost of mine exploration, development, construction or for supporting ongoing operations. Oftentimes mine lives are extended during their operating life, at significant cost to the operator but at no cost, and to the benefit of the royalty holder.

Furthermore, the royalty holder enjoys dramatically fewer risks than the operator such as political, commodity pricing, labor, social, environmental, geologic, engineering or processing risk, among a myriad of others.

EMX mitigates its own inherent risks by investing in a broad spectrum of jurisdictions and commodities as well as not engaging in mining itself. 

Recent Developments

On July 13th, EMX announced that the Gediktepe mine has now achieved commercial production with royalty payments soon to follow. Prior to this on June 9th, the Company reported that it had received an approximately US$2.7 million Q1 royalty payment from its Caserones 0.7335% Net Smelter Royalty.

In April of this year, EMX revealed that they had completed a US$10 million financing with Franco-Nevada Corporation (FNV), the world’s biggest and most successful mineral royalty company. FNV now owns 6.1% of EMX shares on a fully diluted basis. In a resounding endorsement of EMX and its business model, this is the first and only time FNV has ever held shares of a company in the junior resource sector.

EMX also announced back on February 18th that it had settled long-standing litigation with Barrick Gold. Corp., resulting in a payment, net of legal fees, of US$18.825 million to EMX.