Star Royalties Ltd STRFF

Primary Symbol: V.STRR

Metals & Mining Industrial Metals & Minerals

Star Royalties Ltd. is a carbon credit and precious metals royalty and streaming company. The Company created a carbon credit royalty in forestry and regenerative agriculture through its majority-owned, pure-green joint venture, Green Star Royalties Ltd. (Green Star), and offers investors exposure to precious metals and carbon credit prices. Its objective is to provide wealth creation by originating accretive transactions with superior alignment to both counterparties and shareholders. It provides financing solutions, including originating and restructuring of royalties and streams in precious metals and in North American nature-based carbon offset projects. It holds royalty and stream assets directly or through its joint venture, Green Star, which includes Elk Gold Project, Copperstone Gold Project, Keysbrook Project, Bayan Undur Project, Baavhai Uul Project, MOBISMART, Lac Seul First Nation Forest Carbon Offset Project, Improved Forest Management (IFM) projects, and others.

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Star Royalties Ltd

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Post by GoldenPolarBearon Mar 08, 2024 6:57am

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Post# 35922160

“Gold is flying but miners are left in the dirt”🌎🇨🇦🇺🇸💥

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https://www.ft.com/content/c18e53b3-2a42-41a9-b8b1-09087ee8ddea

The gold price this week hit another record high, above $2,100 per ounce. Expectations of lower US interest rates and persistent demand from Chinese households are two reasons for this. But the biggest miners, such as Newmont and Barrick, haven’t enjoyed the same success. Shares of Denver-based Newmont Mining have fallen into a pit, down 25 per cent over one year. This follows Newmont’s deal to buy Australia’s Newcrest last February for an increased price of $19.5bn, too rich for shareholders. Barrick shares have also struggled. It has plans to build a copper-gold mine in geopolitically risky Pakistan. Unlike goldbugs, equity investors demand free cash flow for share buybacks and dividends from gold miners. Investors have little faith in mining executives as stewards of their capital. Ironically, this disconnect between metal and miners may prompt more dealmaking...."

https://www.ft.com/content/c18e53b3-2a42-41a9-b8b1-09087ee8ddea

Frustrating!

On a separate note:

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