Business
$4.3 Billion For Antamina's Silver; $469 Million In One Quarter For Royal Gold - The Royalty Companies Continue Expanding
$4.3 Billion For Antamina's Silver; $469 Million In One Quarter For Royal Gold - The Royalty Comp...

About this update from Red Lake Gold Inc
[{"type":"text","content":"\n\n\n$4.3 Billion For Antamina's Silver; $469 Million In One Quarter For Royal Gold - The Royalty Companies Continue Expanding\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nCanada NewsWire\n\n\nIssued on behalf of Greenland Mines Ltd.Wheaton just closed the largest streaming deal in the company's history. Royal Gold's Q1 revenue was up 142%. Franco-Nevada has now posted 19 consecutive years of dividend increases. The asset-light model is winning the cycle — and the long-life, large-scale Pd-Au-Pt deposits are exactly what the next round of capital is looking for.Equity Insider News CommentaryCHARLOTTE, N.C., May 12, 2026 /CNW/ -- Something has shifted in the way institutional capital is taking precious-metals exposure, and the Q1 2026 earnings season made it impossible to miss.\n\n\n\n\n\n\n\nWheaton Precious Metals (NYSE: WPM) reported record quarterly revenue of $901.5 million, up 91.6%, on the back of $4.3 billion of upfront cash deployed into BHP's Antamina silver stream — closed April 1, 2026, the largest streaming transaction in the company's history[1]. Royal Gold (NASDAQ: RGLD) reported record quarterly revenue of $469.1 million, up 142.5% year-on-year, with an 83% adjusted EBITDA margin reflecting the first full quarter of contributions from its 2025 acquisitions of Sandstorm Gold and Horizon Copper[2]. Franco-Nevada (NYSE: FNV) released its 2026 Asset Handbook on May 6, disclosing 121 cash-flow producing assets, $1.66 billion of adjusted EBITDA in 2025, no debt, and a 19-year unbroken record of dividend increases[3]. Triple Flag Precious Metals (NYSE: TFPM) reported record GEOs and record cash flow per share, with a 93% asset margin and a fresh stream agreement on Evolution Mining's E44 gold deposit at Northparkes signed in February[4].The numbers describe a model that has effectively re-rated. The high-margin, capex-light, multi-asset royalty and streaming structure — long the niche cousin of operating producers — is now reporting the highest absolute and per-ounce profitability in the precious metals complex. And the cash flow i...