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Royal Road Minerals overcomes share overhang and regulatory hurdles to refocus on Colombian gold assets.

Market News
06 May 2026
Proactive Investors
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Neutral
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Royal Road Minerals faced a challenging period from 2023 to 2025 due to its largest shareholder selling an 18% stake and a hostile political climate in Colombia under President Gustavo Petro, which stalled mining permits and investor interest. The company paused most Colombian activities, focusing on early-stage projects in Morocco and Saudi Arabia. By late 2025, the share overhang was resolved and regulatory conditions improved, allowing Royal Road to rebuild around its flagship Colombian project, Güintar, which has high potential despite social and access risks. CEO Tim Coughlin remains optimistic about Colombia's mining future and sees Royal Road as a high-risk, high-reward investment opportunity, supported by notable investors like Rob McEwen.

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