Royal Gold's (RGLD) Arm to Buy Gold Stream From NX Gold Mine

July 06, 2021 / dlvr.it / Article Link

Royal Gold, Inc.'s RGLD wholly-owned subsidiary, Royal Gold AG., has entered into an agreement with Ero Gold Corporation to purchase gold stream from the latter's NX Gold Mine located in Brazil. The agreement came into effect on May 1, 2021, and deliveries are accrued from that date. Royal Gold will purchase 25% of the mine's gold production until 93,000 ounces have been delivered and 10%, thereafter. Royal Gold will make payments for 20% of the...Read full news

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