A World Class Streaming and Royalty Company
RGLD Nasdaq 87.01 -0.33 -0.38% Volume: 388,641 August 17, 2017
Current Gold Price 1289.77 +1.01 +0.08% Volume: August 17, 2017
Pueblo-Viejo-project

Pueblo Viejo

Sanchez Ramirez, Dominican Republic

Interest: 7.5% payable gold1
75% payable silver2
Operator: Barrick/Goldcorp
  • Pueblo Viejo
     

Pueblo Viejo mine is a surface mine located in the central part of the Dominican Republic on the Caribbean island of Hispaniola in the province of Sanchez Ramirez. The mine is located approximately 10 miles west of the provincial capital of Cotui and approximately 62 miles northwest of the national capital of Santo Domingo.

Reserves (December 31, 2016): 3, 4

  • 8.087M oz. gold
  • 47.809M oz. silver

CY2016 Sales: 5

  • 47,000 oz. gold
  • 1.08M oz. silver

Operator production guidance CY2017: 5

  • 625,000-650,000 oz. gold

Footnotes:

  1. This is a metal stream, attributable to Barrick’s 60% interest in the Pueblo Viejo mine, whereby Royal Gold is entitled to 7.5% payable gold until 990,000 ounces of payable gold have been delivered; 3.75% thereafter.  The purchase price for gold ounces delivered is 30% of the spot price until 550,000 ounces have been delivered, 60% thereafter.
  2. This is a metal stream, attributable to Barrick’s 60% interest in the Pueblo Viejo mine, whereby Royal Gold is entitled to 75% payable silver until 50 million ounces of payable silver have been delivered; 37.5% thereafter.  The purchase price for silver ounces delivered is 30% of the spot price until 23.1 million ounces have been delivered, 60% thereafter. Silver deliveries will be based on a fixed 70% recovery rate.
  3. Reserve figures represent the estimated gold and silver reserves that are associated with Royal Gold’s royalty interests, or 60%, rather than total reserves for the project. Total reserves at the project are estimated to be 14.930M oz. of gold and 90.245M oz. of silver.
  4. At a gold price of $1,000 per ounce and a silver price of $13.75 per ounce.
  5. The actual production and guidance shown are payable gold in doré and represent Barrick's 60% interest in Pueblo Viejo. Production guidance for silver was not provided.
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