Barrick Agrees $610 Million Streaming Deal at Dominican Mine
This article is for subscribers only.
Barrick Gold Corp. entered into a gold and silver streaming agreement with a unit of Royal Gold Inc. for production linked to Barrick’s 60 percent interest in the Pueblo Viejo mine in the Dominican Republic.
In return, Royal Gold agreed to make an upfront cash payment of $610 million plus continuing payments for metal delivered under the agreement, the Toronto-based miner said Wednesday in a statement distributed by Marketwired.