Royal Gold Makes Payments Under Streaming Deals With Gold Miners
Royal Gold, Inc. (NASDAQ: RGLD; TSX: RGL) reports that it has closed a streaming agreement with Barrick Gold and also provided updates on previously announced deals with Compañía Minera Teck Carmen de Andacollo (CMCA) and a wholly owned subsidiary of Golden Star Resources Ltd. Royal Gold made a $610 million advance payment to Barrick as part of a closing (see related story) linked to Barrick’s 60% interest in the Pueblo Viejo mine in the Dominican Republic.
Source: Kitco