Elemental Royalty Corporation has agreed to acquire a $290 million portfolio of precious metals streams and royalties from Orion Mine Finance, boosting its revenue, scale, and exposure to producing assets in North America. Concurrently, Elemental is divesting its Generation Business to Carlin East, streamlining operations and reducing annual expenses by about 25%. This strategic move simplifies the company structure, enhances cash flow, and positions Elemental for disciplined growth under new CEO Frederick Bell. The acquisition is expected to close by early 2027, with updated 2026 revenue guidance reflecting the new assets' contribution.
Elemental Royalty's $290 million acquisition of a royalty and streaming portfolio provides context for basic materials market activity. For readers following the Basic Materials sector, here is Pluang's market snapshot as of Sep 22, 2026 02:02 WIB: of 35 US stocks priced, 15 rose and 20 fell. Notable movers include CF Industries Holdings at USD 123.94 with 0% Sell / 100% Buy order activity, Albemarle Corp. at USD 113.49 with 96% Sell / 4% Buy, and Wheaton Precious Metals Corp. at USD 147.53 with 12% Sell / 88% Buy.
Priority Technology Holdings is being taken private in a $1.6 billion deal led by its Chairman and CEO, Thomas Priore. The acquisition price is $8.05 per share, matching the analyst price target set by Lake Street, which downgraded the stock to 'Hold...
General Mills is set to report its Q3 2026 earnings with an expected 16.3% decline in earnings per share to $0.72 and revenue forecast around $4.35 billion, down from last year. Despite these declines, the company reaffirmed its full-year adjusted EP...
Boeing is experiencing ongoing production challenges with its 737 MAX aircraft, causing delays and a recent 3.7% stock drop. Jefferies lowered its price target to $265, still implying a 32% upside from current prices, reflecting cautious optimism. Ba...
Sun Life Financial announced it will redeem all $500 million of its Series 2021-1 Subordinated Unsecured Debentures on November 18, 2026. The redemption will be funded through existing cash and liquid assets, and the debentures will cease to accrue i...
Sun Life Financial announced that on September 30, 2026, it will convert its Series 10R and Series 11QR preferred shares on a one-for-one basis, resulting in 8 million Series 10R shares outstanding and none of Series 11QR. The Series 10R shares will ...
