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Royal Gold buys Kansanshi gold stream for $1B

Expects deliveries of 12,500oz of gold this year

Isabeau van Halm
The Kansanshi operations in Zambia

The Kansanshi operations in Zambia | Credits: First Quantum Minerals

Royal Gold acquired a gold stream for First Quantum Minerals' Kansanshi copper-gold mine in Zambia for an advance payment of US$1 billion. The stream is for 75oz of gold per 1Mlb of recovered copper...

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