Electric Royalties caps off busy summer with update on cash-flowing royalty
–News Direct–
Electric Royalties CEO Brendan Yurik joined Steve Darling from Proactive to provided an update on the company's royalty portfolio, highlighting significant progress and developments.
Yurik shared that the company has seen considerable advancements during the summer, including a production update on its Penouta tin-tantalum royalty. Electric Royalties holds a 1.5% gross revenue royalty on this asset. Strategic Minerals Europe Corp, the operator of Penouta Mine in Spain, reported record production for the second quarter, with a 36% increase in primary concentrate production to 246 tonnes.
Additionally, Yurik discussed the results from the Bruvann prospect at the Rna Project in Norway. Global Energy Metals Corporation and its strategic partner, Kingsrose Mining Limite...