Silver Crown Royalties to acquire 15% royalty on PPX's Igor 4 project

Canada-based mining company PPX and royalty company Silver Crown Royalties (SCRi) have entered into a royalty agreement for up to 15% of the cash equivalent of silver produced from PPX’s Igor 4 project, in Peru, for $2.47-million. The first tranche of $1-million will be paid on closing of the agreement, which is expected to occur in early 2025. SCRi will be granted a royalty for 6% of the cash equivalent of silver produced from the project.