A World Class Streaming and Royalty Company
RGLD Nasdaq 83.46 +0.03 +0.04% Volume: 73,759 December 13, 2017
Current Gold Price 1245.46 +0.31 +0.02% Volume: December 13, 2017
pine-cove

Pine Cove

Newfoundland, Canada

Royalty rate and type: 7.5% NPI
(gold)
Operator: Anaconda Mining

Pine Cove is a surface gold mine located in north-central Newfoundland, approximately four miles northeast of Baie Verte.

  • Pine Cove Mine Pine Cove Mine
Reserves (June 30, 2010): 1
  • 0.175M oz. gold
Estimated royalty payments: 2
  •       2020

Footnotes:

  1. At a gold price of $983 per ounce.
  2. Operation is currently in production; estimated payback of capital, a requisite to royalty payments, to occur by 2020.
  |