Fred Bell, COO of Elemental Royalty, joins the program to provide a corporate update following a landmark period that included a NASDAQ listing and the expansion of the company's credit facility to $200 million,. The conversation highlights significant operational milestones, such as first production at the Chapi copper mine and the de-risking of the Cactus project through Hudbay’s recent acquisition. Bell also details the rapid success of the company’s royalty generation strategy, which has attracted tier-one partners like Rio Tinto and BHP to advance its diverse global portfolio. To conclude, the episode delves into Elemental’s pioneering dividend policy, which gives shareholders the option to receive their yield in cash or gold-backed Tether Gold (XAUT) tokens.