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Royal Gold acquires additional Cortez gold royalties

Nasdaq-listed Royal Gold has increased its royalty assets in the Cortez gold complex in Nevada, US operated by the Nevada Gold Mines venture owned by Barrick Gold and Newmont for US$204.1 million.

Steven Swindells
Nevada Gold Mines sells royalty

Nevada Gold Mines sells royalty

The cash consideration was sourced from available cash resources and a total draw of $200 million on the firm's revolving credit facility. Royal Gold expects the Idaho royalty to contribute approximately...

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