Royal Gold Provides Update from Teck Resources on the Resumption of Operations at the Carmen de Andacollo Mine
Royal Gold, Inc. (RGLD)
Last royal gold, inc. earnings: 2/5 04:05 pm
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Source: Business Wire
DENVER--(BUSINESS WIRE)--Royal Gold, Inc. (NASDAQ: RGLD) (together with its subsidiaries, “Royal Gold” or the “Company”) announced today that Teck Resources Limited (“Teck”) provided an update on the resumption of operations at its Carmen de Andacollo (“Andacollo”) operation in Chile.Teck reported today that the Andacollo Workers Union ratified a new 36-month collective agreement. The benefits of the agreement are effective as of December 5, 2019, and operations at Andacollo have now resumed. As previously reported by Teck, operations, with the exception of essential activities to maintain safety and the environment, were suspended when the Workers’ Union commenced strike action on October 14, 2019.Royal Gold owns the right to purchase 100% of the payable gold produced from Andacollo until 900,000 ounces have been delivered, and 50% of the payable gold thereafter, for a cash purchase price of 15% of the monthly average gold price for the month preceding the delivery date. Gold pro
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RGLD
Earnings
- 11/6/24 - Beat
RGLD
Sec Filings
- 12/18/24 - Form 8-K
- 12/18/24 - Form 10-K/A
- 12/17/24 - Form 4
- RGLD's page on the SEC website