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Kopernik Global Investors Seabridge Gold Stake Grows — Jul 23, 2026Kopernik Global Investors LLC expanded its Seabridge Gold stake by 5.1% in Q1 to 7,332,863 shares, making it the fund’s largest holding. The firm also boosted Franklin Resources by 4.6% to 3,522,587 shares while trimming Barrick Mining by 5.1% and Novagold Resources by 22.7%, reflecting a mix of adding to some positions and reducing others across its mining portfolio.