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Metal Royalty: Vox Royalty's CIO Spencer Cole on precious metals royalty and streaming with Tobias Carlisle on the Acquirers Podcast

The Acquirers Podcast

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Mining Royalties - How Do They Work?

There's two ways that royalties are typically created in the mining industry. One is, as i described before, the prospector is rewarded for their discovery and they get a free royalty for selling out of the early stage discovery. The other way, an which we call origination, is that the former has a form of project finance. We've back tested over forty years of royalty deals and over 600 separate transactions. And rically, the royalty deals with the most alpha, or innerout performance have been buying existing royalties from the likes of prospectors and explorers. So werefir, firmly focused on that part of the equation.

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