Royal Gold Provides Update on Pueblo Viejo
24 November 2015 - 10:15AM
Business Wire
No material impact to December 15 shipment
Royal Gold, Inc. (NASDAQ: RGLD; TSX: RGL) (“Royal Gold”
or the “Company”), announced that Barrick Gold Corporation
(“Barrick”) today reported a mechanical issue at the Pueblo Viejo
mine in the Dominican Republic is expected to result in reduced
production at the operation until mid-January 2016. Royal Gold
confirmed with Barrick that the Company’s December 15 delivery will
not be impacted materially by this development.
Royal Gold expects to receive its first delivery of gold
with respect to Pueblo Viejo on December 15 for the
period July 1 to November 30, 2015. Barrick informed the
Company that the first delivery will include approximately 8,900
ounces relating to July and August 2015 production, in
addition to delivery of gold for the period including September,
October and November 2015.
Royal Gold is a precious metals royalty and stream company
engaged in the acquisition and management of precious metal
royalties, streams, and similar production based interests. The
Company owns interests on 197 properties on six continents,
including interests on 39 producing mines and 23 development stage
projects. Royal Gold is publicly traded on the NASDAQ Global Select
Market under the symbol “RGLD,” and on the Toronto Stock Exchange
under the symbol “RGL.” The Company’s website is located at
www.royalgold.com.
Cautionary “Safe Harbor” Statement Under the Private
Securities Litigation Reform Act of 1995: With the exception of
historical matters, the matters discussed in this press release are
forward-looking statements that involve risks and uncertainties
that could cause actual results to differ materially from
projections or estimates contained herein. Such forward-looking
statements include expectations concerning deliveries from the
Pueblo Viejo mine; and statements about growth and development at
operations which are subject to our streaming agreements. Please
see the Company's Annual Report on Form 10-K, Quarterly Reports on
Form 10-Q, and other filings with the Securities and Exchange
Commission for a discussion of the Company’s risks and
uncertainties. Readers are cautioned not to put undue reliance on
forward-looking statements.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20151123006355/en/
Royal Gold, Inc.Karli Anderson, 303-575-6517Vice
President Investor Relations
Royal Gold (NASDAQ:RGLD)
Historical Stock Chart
From Apr 2024 to May 2024
Royal Gold (NASDAQ:RGLD)
Historical Stock Chart
From May 2023 to May 2024