13F COMBINATION REPORT
Kopernik Global Investors, LLC
Quarter ended Q2 2025 · Filed August 14, 2025 · Accession 0001599814-25-000007
Total Value
$910.8M
Positions
28
Other Managers
0
Confidential Omitted
No
Holdings (28)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | RANGE RES CORP | RRC | 2,809,804 | $114.3M | 12.55% |
| 2 | SEABRIDGE GOLD INC | SA | 7,382,606 | $107.2M | 11.77% |
| 3 | BARRICK MNG CORP | 06849F108 | 5,128,287 | $106.8M | 11.72% |
| 4 | KT CORP | KT | 4,276,464 | $88.9M | 9.76% |
| 5 | NOVAGOLD RES INC | 66987E206 | 19,115,209 | $78.2M | 8.58% |
| 6 | FRANKLIN RESOURCES INC | BEN | 2,843,849 | $67.8M | 7.45% |
| 7 | SOCIEDAD QUIMICA Y MINERA DE | 833635105 | 1,842,113 | $65.0M | 7.13% |
| 8 | EXPAND ENERGY CORPORATION | EXE | 522,716 | $61.1M | 6.71% |
| 9 | NUTRIEN LTD | NTR | 573,644 | $33.4M | 3.67% |
| 10 | IVANHOE ELECTRIC INC | IE | 3,412,561 | $31.0M | 3.40% |
| 11 | NORTHERN DYNASTY MINERALS LT | 66510M204 | 19,666,067 | $26.4M | 2.89% |
| 12 | CRESUD S A C I F Y A | CRESY | 2,392,876 | $25.7M | 2.83% |
| 13 | AIR LEASE CORP | AIIR | 286,682 | $16.8M | 1.84% |
| 14 | SANDSTORM GOLD LTD | 80013R206 | 1,603,160 | $15.1M | 1.65% |
| 15 | AMENTUM HOLDINGS INC | AMTM | 636,226 | $15.0M | 1.65% |
| 16 | ROYAL GOLD INC | RGLD | 81,083 | $14.4M | 1.58% |
| 17 | INTERNATIONAL TOWER HILL MIN | 46050R102 | 14,448,418 | $12.4M | 1.36% |
| 18 | NEXGEN ENERGY LTD | NXE | 1,760,522 | $12.2M | 1.34% |
| 19 | NEWMONT CORP | NEMCL | 180,570 | $10.5M | 1.16% |
| 20 | KOREA ELEC PWR CORP | 500631106 | 268,151 | $3.8M | 0.42% |
| 21 | VISTA GOLD CORP | VGZ | 3,830,394 | $3.7M | 0.41% |
| 22 | ISHARES SILVER TR | SLV | 12,155 | $398,806 | 0.04% |
| 23 | ISHARES SILVER TR | SLV | 141,400 | $359,156 | 0.04% |
| 24 | APPLE INC | AAPL | 5,000 | $247,250 | 0.03% |
| 25 | ABBVIE INC | ABBV | 4,200 | $62,370 | 0.01% |
| 26 | PAYCHEX INC | PAYX | 5,600 | $49,280 | 0.01% |
| 27 | AMGEN INC | AMGN | 3,100 | $41,075 | 0.00% |
| 28 | AUTOZONE INC | AZO | 100 | $10,060 | 0.00% |