A World Class Streaming and Royalty Company
RGLD Nasdaq 80.75 +0.78 +0.97% Volume: 345,105 May 26, 2017
Current Gold Price 1268.05 +11.54 +0.92% Volume: May 29, 2017
cortez-pmc

Cortez - Pipeline Mining Complex

Nevada, United States

Royalty rate and type:

GSR1 and GSR2: 0.40% to 5.0% GSR sliding-scale
GSR3: 0.71% GSR
NVR1: 4.83% NVR
NVR1C: 4.43% NVR (gold)

Operator: Barrick

The Pipeline Mining Complex is a large surface mining operation located in northeastern Nevada, 80 miles southwest of Elko. The Pipeline Mining Complex includes the Pipeline, South Pipeline, Gap and Crossroads deposits.

  • Pipeline Mining ComplexCortez Pipeline Mining Complex
     
Reserves (December 31, 2015): 1
  • GSR1 – 0.591M oz. gold
  • GSR2 – 3.116M oz. gold
  • GSR3 – 0.744M oz. gold
  • NVR1 – 0.457M oz. gold
  • NVR1C – 2.963M oz. gold
Actual royalty production CY2015:
  • GSR1 – 113,700 oz. gold
  • GSR2 – 35,000 oz. gold
  • GSR3 – 148,700 oz. gold
  • NVR1 – 110,100 oz.  gold
  • NVR1C – 0 oz. gold
Operator production guidance CY2016: 
  • GSR1 – 119,200 oz. gold
  • GSR2 – 1,300 oz. gold
  • GSR3 – 120,500 oz. gold
  • NVR1 – 68,900 oz.  gold
  • NVR1C – 0 oz. gold

Footnotes:

  1. At a gold price of $1,000 per ounce.

 

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