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Royal Gold, Altius settle Voisey's Bay dispute

Precious metals stream and royalty company Royal Gold (NASDAQ:RGLD) and Altius Minerals (TSX:ALS) have reached a settlement agreement with Vale Canada regarding a 3% net smelter return (NSR) royalty on the Voisey’s Bay nickel mine in Newfoundland and Labrador.

Royal Gold, Altius settle Voisey's Bay dispute Royal Gold, Altius settle Voisey's Bay dispute Royal Gold, Altius settle Voisey's Bay dispute Royal Gold, Altius settle Voisey's Bay dispute Royal Gold, Altius settle Voisey's Bay dispute

Royal Gold and Altius Minerals has reached a settlement agreement with Vale Canada regarding a 3% net smelter return royalty on the Voisey’s Bay nickel mine

The parties have agreed to a new method of calculating the NSR for concentrates processed at Vale's Long Harbour processing plant, effective retroactively for all material that passed through the