Private equity firm Orion to sell mining royalty portfolio: Reuters

U.S. private equity firm Orion Mine Finance Group is in talks to sell a portfolio of 87 mining royalty, streaming and offtake assets, Orion portfolio manager Douglas Silver said. He declined to comment on a sales price but sources told Reuters the portfolio could fetch as much as US$1 billion. The companies Orion is talking to include Toronto-based Franco-Nevada Corp, Vancouver-based Silver Wheaton Corp and Denver, Colorado-based Royal Gold Inc, the sources said. The portfolio includes 71 royalties, eight streams and eight offtake agreements on gold, silver, base metals and diamond assets spread across 16 countries.

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