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Teck renegotiates streaming pact

Teck Resources has agreed to supply more gold from its 90%-owned Carmen de Andacollo copper mine in central Chile to Royal Gold as part of an updated offtake agreement with the streaming company.

Mining Journal

Under the new terms Teck will supply 100% of payable gold from the operation until 900,000oz has been delivered. This falls to 50% thereafter. In return Royal Gold has made an advanced payment of US$525...

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