A World Class Streaming and Royalty Company
RGLD Nasdaq 67.15 -0.33 -0.49% Volume: 758,944 March 23, 2017
Current Gold Price 1246.05 -4.05 -0.32% Volume: March 23, 2017
pine-cove

Pine Cove

Newfoundland, Canada

Royalty rate and type: 7.5% NPI
(gold)
Operator: Anaconda Mining

Pine Cove is a surface gold mine located in north-central Newfoundland, approximately four miles northeast of Baie Verte.

  • Pine Cove Mine Pine Cove Mine
Reserves (June 30, 2010): 1
  • 0.175M oz. gold
Estimated royalty payments: 2
  •       2020

Footnotes:

  1. At a gold price of $983 per ounce.
  2. Operation is currently in production; estimated payback of capital, a requisite to royalty payments, to occur by 2020.
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