A World Class Streaming and Royalty Company
RGLD Nasdaq 89.54 -0.77 -0.85% Volume: 308,231 September 21, 2017
Current Gold Price 1291.94 -9.84 -0.76% Volume: September 21, 2017
andacollo

Andacollo

Region IV, Chile

Interest:  100% payable gold 1,2
Operator: Teck

The Andacollo operation is a large surface copper/gold mine located in the Fourth Region of Chile, approximately 34 miles southeast of La Serena and 221 miles north of Santiago.

  • Andacollo Mine Andacollo Mine
     
Reserves (December 31, 2016): 3
  • 1.389M oz. gold
CY2016 Sales: 4
  •    51,300 oz. gold
Operator production guidance CY2017: 4
  •   61,600 oz. gold

Footnotes:

  1. This is a metal stream whereby Royal Gold is entitled to 100% payable gold until 900,000 ounces of payable gold have been delivered; 50% thereafter, subject to a fixed payable percentage of 89%.
  2.  This is a metal stream whereby the purchase price for gold ounces delivered is 15% of the monthly average gold price for the month preceding the delivery date.
  3. At a gold price of $1,200 per ounce.
  4. Recovered metal is contained in concentrate and is subject to third party treatment charges and recovery losses.

 

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