With gold recently hovering at US$2,600 per oz. and major assets nearing production, Metalla Royalty & Streaming (TSXV: MTA; NYSE American: MTA) CEO Brett Heath expects “very significant benefits for our shareholders soon.”
Metalla, which has acquired over 100 royalties and streams through 32 transactions, is targeting rapid growth, Heath said last month during the Gold Forum Americas. The December 2023 merger with Nova Royalties added tier-one, long-life assets operated by major companies.
“We positioned our shareholders in front of a significant growth curve, driven by the majors and mid-tiers advancing their projects, spending enormous capital to bring assets to scale,” Heath told The Northern Miner’s western editor, Henry Lazenby, during an interview in Colorado Springs.
Just in the second quarter some of Metalla’s royalty and streaming assets started production. G Mining Ventures (TSX: GMIN; US-OTC: GMINF) achieved first production at Tocantinzinho in Brazil, as did Sierra Madre Gold & Silver (TSXV: SM) at La Guitarra in Mexico. Iamgold’s (TSX: IMG; NYSE: IAG) Côté also reached commercial production.
Currently, six assets are producing, and four more, including Amalgamated Kirkland in Ontario with Agnico Eagle Mines (TSX: AEM; NYSE: AEM), are expected to come online within the next year.
Watch the full interview below.
Comments