A World Class Streaming and Royalty Company
RGLD Nasdaq 71.33 -0.30 -0.42% Volume: 330,634 November 13, 2018
Current Gold Price 1204.35 +1.46 +0.12% Volume: November 13, 2018
rainy-river

Rainy River

Ontario, Canada

Interest: 6.5% payable gold1,2
60% payable silver1,2
Operator: New Gold

The Rainy River Project is a surface and underground mine and mill development project centered within the Richardson Township in northwestern Ontario, approximately 100 miles south of Kenora and 260 miles west of Thunder Bay.

  • Rainy River MineRainy River Mine
     

 

Reserves (December 31, 2017): 3
  •  4.418M oz. gold
  • 12.775M oz. silver
CY2017 Sales: 4,5
  •   800 oz. gold
Operator production guidance CY2018: 5
  • 310,000 - 350,000 oz. gold

Footnotes:

  1. This is a metal stream whereby Royal Gold is entitled to 6.5% of the gold produced until 230,000 ounces have been delivered, 3.25% thereafter; and 60% of the silver produced until 3.1 million ounces have been delivered, 30% thereafter.
  2. This is a metal stream whereby the purchase price for gold or silver ounces delivered is 25% of the spot price per ounce of gold or silver.
  3. At a gold price of $1,275 per ounce and a silver price of $17.00 per ounce.
  4. Commercial production achieved October 2017.
  5. The actual production and guidance shown are produced gold in doré. The operator did not provide estimated silver production.
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