About BaseCore Metals
BaseCore Metals, an independent 50/50 joint venture between Glencore and Ontario Teachers’ Pension Plan Board, is the leading base metals focused streaming and royalty company.
BaseCore Metals provides strategic, long-term and friendly financing to mining operators giving them superior access to capital for funding of exploration and development, mine expansions, mergers and acquisitions, balance sheet flexibility and reclamation obligations. Both precious and non-precious metals companies will benefit from a long-term partnership with BaseCore Metals and its competitive cost of capital while having the opportunity to leverage the global brands of parent shareholders Glencore and Ontario Teachers’.
Unique Value Proposition
BaseCore Metals differentiates itself from its competitors by being able to offer a suite of services and ancillary benefits to mining companies, including:
Targeting high-quality base metal streams and royalties in mining friendly jurisdictions.
Copper, zinc, nickel, cobalt, tin, lead, molybdenum and other industrial metals.
Producing assets: Capital for growth, relative value arbitrage, M&A or debt reduction.
Development assets: Capital for organic development and construction of mining projects.
Up to $1 billion.
Americas, Australia, Europe.
Streams, Net Smelter Royalties, Net Profit Interests and similar structured financing.
Strong track record of successful community engagement, mine site safety, environmental management and corporate governance.
Opportunity for stand-alone base metals offtake and marketing with Glencore.