- Business
- Royal Road Minerals Limited Royal Road Minerals Limited (TSXV:RYR) engages in mineral exploration and development, primarily focused on copper and gold deposits with additional polymetallic interests. The company explores and develops high-quality assets through advanced generative techniques, targeting large-scale deposits suitable for low-impact mining practices that minimize environmental effects and aim for biodiversity net gain; its key projects include the drill-ready Alouana copper-gold-polymetallic project and Lalla Aziza copper mine in Morocco, the Jabal Sahabiyah gold-polymetallic project in Saudi Arabia, and several copper-gold properties in Colombia such as Guintar-Niverengo, Margaritas, and Nariño assets. Operations span supportive jurisdictions including the Kingdoms of Morocco and Saudi Arabia via its 100%-owned Moroccan subsidiary Minéraux Chemin Réel SARL AU and 50%-owned Saudi joint venture Royal Road Arabia with MIDU, alongside wholly-owned Colombian subsidiaries Minerales Camino Real SAS and Exploraciones Northern Colombia SAS. Founded in 2010 and headquartered in St. Helier, Jersey, Channel Islands, the company maintains offices in Bogotá, Colombia; Jeddah, Saudi Arabia; and Alouana, Morocco, with a portfolio backed by institutional shareholders including Agnico Eagle Mines, Mackenzie Investments, Phoenix Gold Fund, and US Global Investors. Recent developments include Rio2 Limited's acquisition of approximately 15% of its shares in September 2025 through a block trade, establishing Rio2 as a strategic shareholder with board nomination rights and pro-rata participation entitlements; expanded 2025 drilling at Jabal Sahabiyah after relinquishing the Al Miyah tender; scout drilling results from Lalla Aziza confirming copper mineralization; securing drilling permits and entering a binding letter of intent with Carbomine SARL for Lalla Aziza development; OTCQB quotation commencement; and appointment of Sarah Armstrong-Montoya to the board alongside a special advisory board formation.