Mining Stock Daily

Morning Briefing: Elemental Altus Lands $100M Tether Investment and Completes EMX Deal

Nov 13, 2025
Elemental Altus has merged with EMX Royalty, forming Elemental Royalty Corporation backed by a $100M investment from Tether. Vizsla Copper is set to enhance its critical-minerals strategy with the acquisition of Constantine Metal Resources. Banyan Gold continues to impress with strong gold drill results, showcasing near-surface mineralization. Americas Gold and Silver has acquired the Crescent Mine, unlocking significant silver potential. Gold X2 Mining reveals promising results from its Moss Gold Project, hinting at improved economic prospects.
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INSIGHT

Large Tether Investment Reshapes Royalties

  • Elemental Altus merged with EMX to form Elemental Royalty Corporation, consolidating complementary royalty portfolios.
  • The company secured a $100M strategic investment from Tether to repay debt and fund royalty acquisitions, signaling new capital sources for royalties.
INSIGHT

Merger Aims To Build Peer-Leading Royalty Platform

  • Management said the merged Elemental platform offers enhanced scale, diversification, and cash-flow potential across commodities and development stages.
  • They positioned the company as a peer-leading royalty business with diversified exposure and acquisition firepower.
INSIGHT

Vizsla’s Transformational Palmer Acquisition

  • Vizsla Copper agreed to acquire Constantine Metal Resources and the Palmer VMS project, adding a high-grade copper-zinc asset in southeast Alaska.
  • Palmer offers road access to tidewater and prior investment of over $116M, strengthening Vizsla's North American critical-minerals footprint.
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