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EMX Royalty ( (TSE:EMX) ) has shared an update.
EMX Royalty Corporation has acquired a royalty interest in the Chapi copper mine in Peru, which is managed by Minera Pampa de Cobre S.A.C. The agreement allows EMX to receive up to a 2% net smelter return royalty on minerals produced from the 26,000-hectare property, with additional royalties from minerals processed at the Chapi mine facilities. This acquisition strengthens EMX’s portfolio with high-quality copper royalties in a region known for its rich copper-molybdenum deposits, bolstering its position in the mining industry.
More about EMX Royalty
EMX Royalty Corporation operates in the mining industry, focusing on acquiring and managing royalty interests in mineral properties. Its primary products include royalties on various mineral resources, positioning it strategically within the market for mineral rights and royalties.
YTD Price Performance: 0%
Average Trading Volume: 270,360
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $192.5M
Learn more about EMX stock on TipRanks’ Stock Analysis page.
