Streaming & Royalties Portfolio

Capital for the world's resources, built to institutional standards.

Bleu Royalties holds a diversified a diversified portfolio of resource royalties and streams across North America, South America and Africa — built by principals who have founded, financed, operated and sold mining companies around the world.

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01 — Why Bleu

Building a portfolio of this quality demands the credibility to close transactions at scale, the expertise to structure them across jurisdictions and deal types, and the relationships to finance them.

It also demands a counterparty whose word, once given, can be relied upon. Bleu's principals are not financiers who have observed mining from a distance — they have founded, acquired, built, operated and sold mining companies in some of the most complex operating jurisdictions in the world.

US$4.5B
Bloom Lake sale to Cliffs Natural Resources
40+
Resource listings on LSE, NYSE & TSX
10+
Additional African mining projects structured
US$100Ms
Mobilised into African resource development
02 — Indicative Transactions

Direct and personal. Each transaction was led or co-led by a member of Bleu's executive team.

Côte d'Ivoire · 2018 – Present
I

Bonikro Gold Mine

Co-founded · Expanded production

Bleu's principals co-founded the company that acquired Bonikro and led its production expansion. One of the country's most significant operating gold mines, Bleu's principals continue as large shareholders of Allied Gold (TSX: AAUC).

Mali · 2007 – 2013
II

Tabakoto & Ségala

Restarted · Operated · Sold

Restarted two mines from care and maintenance, built them into operating gold producers, and managed them through a full commodity cycle before selling to a major international gold company.

Ethiopia · TSX Listing
III

Allana Potash

Listed · Financed · Sold to ICL

Listed on the Toronto Stock Exchange, advanced the flagship Ethiopian potash project through feasibility and development financing, and sold the business to Israel Chemicals Limited — one of the world's largest potash producers.

Canada · US$4.5 Billion Sale
IV

Bloom Lake Iron Ore

Developed · Financed · Landmark exit

Developed the Québec iron ore mine, secured offtake financing from a major Chinese steel mill, and sold the asset to Cliffs Natural Resources for US$4.5 billion — a landmark transaction in North American mining history.

Beyond these headline transactions, Bleu's principals have structured more than ten additional African mining projects and advised on or participated in the listing of over 40 resource companies on the London, New York and Toronto stock exchanges.

03 — Networks

Relationships across every segment of the international mining capital markets.

Raising capital for resource projects across multiple continents requires relationships with investors who will take a call, institutions that have seen the team perform, and a reputation that travels across time zones and asset classes. Hundreds of millions of dollars mobilised — funding exploration, construction and operations, and creating tens of thousands of jobs across the portfolio's operating jurisdictions.

i.

Strategic Investors & Major Miners

Senior producers and diversified majors who acquire producing assets or take cornerstone positions — and whose endorsement signals quality to the broader market.

ii.

Institutional & Governmental Investors

Sovereign wealth funds, development finance institutions — including IFC, AfDB, IDB and other regional DFIs — and specialist resource-sector fund managers providing patient, long-duration capital.

iii.

Commodity Trading Houses

Major trading groups providing offtake financing, prepayment facilities and working capital against contracted production — dramatically accelerating the path to first revenue.

iv.

Listed Equity Markets

Initial listings and substantial capital market support in New York, Toronto and London.

Western Capital

Transparency, governance and deep secondary liquidity.

Independent oversight, sophisticated risk distribution, broad investor diversification and access to listed equity markets that create long-term liquidity and valuation benchmarks.

Chinese Capital

Speed, construction-stage risk appetite and integrated solutions.

Financing, equipment supply and offtake in one package — Bleu's principals have negotiated these structures directly.

The mistake is assuming one always dominates. Bleu is positioned to execute across both worlds so its principals can structure the combination that best serves each asset, and each counterparty, on its own terms.

04 — Standards

Ethical standards grounded in practice, not policy documents.

Bleu's principals have maintained relationships with development finance institutions, tier-1 investment banks, exchange regulators and government ministries over decades — built on a record of dealing fairly, disclosing fully and delivering on commitments. No regulatory sanction, no adverse findings, in any jurisdiction.

EITI

Extractive Industries Transparency Initiative

Full disclosure of all payments and receipts under streaming transactions in EITI-compliant jurisdictions, with active support of each host government's EITI obligations where applicable.

IFC

Performance Standards on Environmental & Social Sustainability

The international benchmark for responsible project finance — applied as a condition of participation by the development finance institutions whose co-investment Bleu welcomes.

OECD

Guidelines for Multinational Enterprises

Including specific guidance on responsible conduct in the extractive sector: supply-chain due diligence, revenue transparency and respect for host-community rights.

These are not aspirational commitments. They are operating standards, embedded as contractual obligations in every definitive transaction.

Financing Structures Building Sustainable Assets

A counterparty you come back to — project after project, generation after generation.

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