13F COMBINATION REPORT
Kopernik Global Investors, LLC
Quarter ended Q1 2025 · Filed May 14, 2025 · Accession 0001599814-25-000003
Total Value
$964.8M
Positions
31
Other Managers
0
Confidential Omitted
No
Holdings (31)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | RANGE RES CORP | RRC | 2,846,663 | $113.7M | 11.78% |
| 2 | KT CORP | KT | 6,311,479 | $111.8M | 11.59% |
| 3 | BARRICK GOLD CORP | 067901108 | 5,044,236 | $98.1M | 10.16% |
| 4 | EXPAND ENERGY CORPORATION | EXE | 864,487 | $96.2M | 9.98% |
| 5 | SEABRIDGE GOLD INC | SA | 7,342,955 | $85.7M | 8.88% |
| 6 | SOCIEDAD QUIMICA Y MINERA DE | 833635105 | 1,523,668 | $60.5M | 6.27% |
| 7 | NOVAGOLD RES INC | 66987E206 | 18,591,730 | $54.3M | 5.63% |
| 8 | WHEATON PRECIOUS METALS CORP | WPM | 692,499 | $53.8M | 5.57% |
| 9 | ROYAL GOLD INC | RGLD | 296,790 | $48.5M | 5.03% |
| 10 | FRANKLIN RESOURCES INC | BEN | 2,435,982 | $46.9M | 4.86% |
| 11 | NUTRIEN LTD | NTR | 571,481 | $28.4M | 2.94% |
| 12 | NORTHERN DYNASTY MINERALS LT | 66510M204 | 19,666,067 | $22.6M | 2.34% |
| 13 | CRESUD S A C I F Y A | CRESY | 1,996,135 | $22.1M | 2.29% |
| 14 | NEWMONT CORP | NEMCL | 406,615 | $19.6M | 2.03% |
| 15 | AMENTUM HOLDINGS INC | AMTM | 1,077,495 | $19.6M | 2.03% |
| 16 | IVANHOE ELECTRIC INC | IE | 3,340,185 | $19.4M | 2.01% |
| 17 | SANDSTORM GOLD LTD | 80013R206 | 2,080,780 | $15.7M | 1.63% |
| 18 | AIR LEASE CORP | AIIR | 296,911 | $14.3M | 1.49% |
| 19 | PERPETUA RESOURCES CORP | PPTA | 1,104,398 | $11.8M | 1.22% |
| 20 | INTERNATIONAL TOWER HILL MIN | 46050R102 | 14,448,418 | $9.1M | 0.95% |
| 21 | KOREA ELEC PWR CORP | 500631106 | 1,099,905 | $8.2M | 0.84% |
| 22 | VISTA GOLD CORP | VGZ | 4,042,525 | $3.3M | 0.35% |
| 23 | ISHARES SILVER TR | SLV | 15,556 | $482,080 | 0.05% |
| 24 | HARMONY GOLD MINING CO LTD | HGMCF | 17,215 | $254,266 | 0.03% |
| 25 | APPLE INC | AAPL | 5,000 | $192,500 | 0.02% |
| 26 | CHIPOTLE MEXICAN GRILL INC | CMG | 5,000 | $63,000 | 0.01% |
| 27 | ABBVIE INC | ABBV | 4,200 | $39,060 | 0.00% |
| 28 | PAYCHEX INC | PAYX | 5,600 | $34,160 | 0.00% |
| 29 | AMGEN INC | AMGN | 3,100 | $30,070 | 0.00% |
| 30 | NVIDIA CORPORATION | NVDA | 15,000 | $16,050 | 0.00% |
| 31 | AUTOZONE INC | AZO | 100 | $12,090 | 0.00% |