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10
Jul
2015
Royal Gold picks up Chilean gold stream from Teck ResourcesBy:Creamer Media Deputy Editor: North America GOLD STREAM Diversified miner Teck Resources on Friday agreed to sell future gold output from its Chile-based Carmen de Andacollo mine to Royal Gold. Under the terms of the streaming deal, Royal Gold made a $525-million upfront payment to buy all the payable gold at 15% of the monthly average gold price at each delivery, until 900 000 oz had been delivered.
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