Brief: Royal Gold Announces Additional Agreement With Centerra That Provides For Mine Life Extension At Mount Milligan

Royal Gold

14/02/2024 11:51

Feb 14 (Reuters) - Royal Gold Inc  RGLD.O :
    * ROYAL GOLD ANNOUNCES ADDITIONAL AGREEMENT WITH CENTERRA
THAT
PROVIDES FOR MINE LIFE EXTENSION AT MOUNT MILLIGAN
    * ROYAL GOLD INC: WILL RECEIVE ABOUT $125 MILLION IN
NEAR-TERM
CONSIDERATION AND A LONG-TERM FREE CASH FLOW INTEREST ON MOUNT
MILLIGAN MINE
    * ROYAL GOLD INC: DEAL PROVIDES NEAR-TERM CASH AND GOLD
CONSIDERATION IN RETURN FOR LONG-TERM COST SUPPORT
    * ROYAL GOLD INC: DEAL WILL ALLOW EXTENSION OF MINE LIFE OF
MOUNT
MILLIGAN TO 2035 & POTENTIAL FOR FUTURE INCREASE IN MINE LIFE
BEYOND 2035

Source text for Eikon:  ID:nBw1R79F4a 
Further company coverage:  RGLD.O 

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