A World Class Streaming and Royalty Company
RGLD Nasdaq 127.47 +2.66 +2.13% Volume: 1,177,995 September 20, 2019
Current Gold Price 1517.20 +17.65 +1.18% Volume: September 20, 2019
rainy-river

Rainy River

Ontario, Canada

Interest: 6.5% of gold produced1,2
60% of silver produced1,2
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, 2018): 3
  •  4.185M oz. gold
  • 12.115M oz. silver
CY2018 Sales: 4
  •   12,500 oz. gold
  • 121,100 oz. silver
Operator production guidance CY2019: 4
  • 245,000 - 270,000 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. The actual production and guidance shown are produced gold in doré. The operator did not provide estimated silver production.
  |