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Nasdaq-listed Royal Gold has increased its royalty assets in the Cortez gold complex in Nevada, US operated by the Nevada Gold Mines venture owned by Barrick Gold and Newmont for US$204.1 million.
Nevada Gold Mines sells royalty
The cash consideration was sourced from available cash resources and a total draw of $200 million on the firm's revolving credit facility.
Company's income, revenue and cashflow improved in 2021
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