Every caveat and mortgage on a live Western Australian mining title names the party holding it. Here are the royalty companies, banks, funds and security trustees behind them, linked to the companies whose ground they sit over, with subsidiaries rolled up to their listed parent. Switch to joint holdings to see who holds ground together, or search any company for its whole web.
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Caveats and mortgages are recorded against each title in the DMPE tenement register, naming the caveator or mortgagee and whose shares they are over. Only instruments still on the title count. Withdrawn, discharged, removed, lapsed and rejected ones are left out, in both the current register format and the older one used before about 2008, and part discharges are added up so a mortgage paid out in pieces counts as gone. A few instruments from the 1990s were never formally discharged and still sit on their titles; they count, because the register still records them, and every connection shows the years it was lodged.
A consent caveat protects some interest in a title: a royalty, a deferred payment, an option, an earn-in or a loan. The register records the caveat, not the deal behind it. Where the caveator is a royalty company the interest is usually a royalty, but the web says holds a caveat over and means only that.
Many mortgages are registered to a loan agent or security trustee, such as GLAS, AET or Wilmington Trust, acting for a group of lenders who are not named on the register. They are shown as trustees rather than as the lenders. A bank's own trustee company is shown as the bank.
Holders, caveators and mortgagees are rolled up to their listed parent where its ASX filings name the subsidiary, the same grouping used on the explorer pages and the map. Royalty companies, banks and funds listed overseas are grouped by hand where several registered names are plainly one company, such as International Royalty Corporation, which Royal Gold acquired in 2010.
Two holders are linked when both are registered on the same live title, whether companies or private individuals. Two subsidiaries of one listed company count as one holder, so a company moving ground between its own entities is not shown as a joint venture.
Individuals hold titles, caveats and mortgages too, often a prospector who sold ground and kept a royalty. They appear in each company's web as the register names them, with family super funds and trusts alongside them. The overview above is kept to companies, and the explorer pages count private individuals rather than naming them.
Rebuilt from the current register extract each night. Surrendered and expired titles leave the register along with their caveats and mortgages, so this is a picture of who is attached to WA ground now, not a history of past deals.
The Encumbered layer marks every live title carrying a caveat or mortgage, and colour by owner shows whose ground is whose. A free account lists the titles behind any connection above.