A World Class Streaming and Royalty Company
RGLD Nasdaq 67.23 +0.08 +0.12% Volume: 438,386 March 24, 2017
Current Gold Price 1244.93 -1.12 -0.09% Volume: March 24, 2017
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, 2015): 3
  • 1.609M oz. gold
CY2015 Sales: 4
  •    34,700 oz. gold
Operator production guidance CY2016: 4
  •   57,600 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%. Prior to July 1, 2015, Royal Gold's interest was a 75% NSR royalty.
  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.

 

  |