Trona could underpin new royalty growth model, says Sweetwater CEO

摘要

The largest ever non-precious metals or oil and gas royalty deal has given Sweetwater Royalties a platform on which to build a unique mining royalty company, CEO John DeCooman has told Mining Journal. The former SSR Mining executive and 25-year industry veteran says the US$1.33 billion deal, announced last month between Orion Mine Finance and Occidental Petroleum, put Sweetwater among the leading non-precious metal royalty companies on pro-forma 2019 financials.