Morning Briefing: Royal Gold buys NGM royalty for US$525M cash

Royal Gold acquired a sliding-scale royalty on an area including the Cortez mine and the Fourmile development project in Nevada from Rio Tinto for US$525 million in cash. Sprott launched the Sprott ESG Gold ETF (NYSE Arca: SESG) the world's first ETF to exclusively source and refine gold from globally recognized mining leaders in ESG based on special criteria developed by Sprott. Western Alaska Minerals announced the first assay results for massive Carbonate Replacement Deposit sulfide mineralization in the Waterpump Creek target area at its Illinois Creek Project in western Alaska. Canadian Copper announced exploration results from the first seven drill holes at its Chester Copper Project in the Bathurst Mining Camp, New Brunswick, Canada. Karora Resources announced drill results that confirm the consistency of the Western Flanks Main shear mineralization up to 150m below the current Mineral Resource at its Beta Hunt project in Australia.