Metalla Royalty & Streaming Ltd., established in 1983 and headquartered in Vancouver, Canada, isn't your typical mining company. Instead of operating mines directly, they act as a middleman in the precious metals industry, focusing on acquiring and managing royalties and streams on gold, silver, copper, and other production-based interests.
Their business model revolves around securing agreements with mining companies. These agreements grant Metalla a right to a predetermined percentage of the future production from a mine or project (royalty) or the right to purchase metals at a discounted price (stream), often tied to a specific amount of production. This approach allows Metalla to benefit from the production of multiple mines without the risks and costs associated with directly owning and operating them.
Metalla's portfolio boasts a global reach, with royalties and streams spanning countries like Canada, Argentina, Mexico, Peru, and Australia. Their focus lies on precious metals, particularly gold and silver, but they also hold some copper interests. This diversification helps mitigate risks associated with fluctuations in the price of any single metal.
As a result of their asset-light model, Metalla can generate revenue streams without the substantial upfront costs of mine development and operation. This translates into potentially strong and consistent returns for their shareholders, especially if the price of precious metals rises.