The Royalty Model Built the Most Valuable Companies in Gold. One Junior Is Quietly Running the Same Playbook
For two decades, some of the most durable wealth creation in the gold sector has come not from digging ore, but from owning a slice of someone else’s production. The royalty and streaming model, pioneered in the late 1980s and refined into one of mining’s most respected investment structures, has consistently outperformed traditional operators through commodity cycles by offering direct exposure to rising gold prices without the same capital expenditure.As gold pushes to record levels, that model is drawing renewed attention. What is less obvious to many investors is that a ...