A World Class Streaming and Royalty Company
RGLD Nasdaq 70.68 +1.27 +1.83% Volume: 655,379 April 28, 2017
Current Gold Price 1268.90 +3.55 +0.28% Volume: April 28, 2017


Region IV, Chile

Royalty rate and type:  100% payable gold 1,2
Operator: Teck

The Andacollo operation is a large surface copper/gold mine located in the Fourth Region of Chile, approximately 34 miles southeast of La Serena and 217 miles north of Santiago.

  • Andacollo Mine Andacollo Mine
Reserves (December 31, 2015): 3
  • 1.609M oz. gold
CY2015 Sales: 4
  •    34,700 oz. gold
Operator production guidance CY2016: 4
  •   57,600 oz. gold


  1. This is a metal stream whereby Royal Gold is entitled to 100% payable gold until 900,000 ounces of payable gold have been delivered; 50% thereafter, subject to a fixed payable percentage of 89%. Prior to July 1, 2015, Royal Gold's interest was a 75% NSR royalty.
  2.  This is a metal stream whereby the purchase price for gold ounces delivered is 15% of the monthly average gold price for the month preceding the delivery date.
  3. At a gold price of $1,200 per ounce.
  4. Recovered metal is contained in concentrate and is subject to third party treatment charges and recovery losses.