A World Class Streaming and Royalty Company
RGLD Nasdaq 82.20 -0.64 -0.77% Volume: 699,652 August 13, 2018
Current Gold Price 1195.86 +1.47 +0.12% Volume: August 14, 2018
andacollo

Andacollo

Region IV, Chile

Royalty rate and type:  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 217 miles north of Santiago.

  • Andacollo Mine Andacollo Mine
     
Reserves (December 31, 2017): 3
  • 1.212M oz. gold
CY2017 Sales: 4
  •    50,000 oz. gold
Operator production guidance CY2018: 4
  •   66,700 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 $1,250 per ounce.
  4. Recovered metal is contained in concentrate and is subject to third party treatment charges and recovery losses.

 

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