Gold Royalty signs agreement for Pedra Branca mine royalty acquisition

Key Highlights

• Shree Mishra Mon, December 8, 2025 at 8:17 PM GMT+5:30 2 min read GC=F BRWM. L BHP Gold Royalty has signed an agreement to acquire an existing royalty on the Pedra Branca mine from BlackRock World Mining Trust for $70m (C$96.65m) in cash.
• The Pedra Branca mine is an operating copper-gold mine in Pará state, Brazil, currently owned and operated by a BHP Group subsidiary.
• It is situated in Água Azul do Norte, approximately 160km from Marabá and 900km from Belém.
• In August 2025, BHP announced it would sell the Pedra Branca mine, along with its additional assets in the Carajás region, to CoreX Holding.
• This transaction is expected to close once the customary closing conditions are satisfied.