Royal Gold sees Pascua-Lama suspension not affecting its investment

|About: Royal Gold, Inc. (RGLD)|By:, SA News Editor

Royal Gold (RGLD -6.5%) says it does not expect Barrick Gold's (ABX) decision to suspend construction activities at Pascua-Lama will have any impact on the carrying value of its investment in the royalty at the mine.

RGLD holds a 0.78% to 5.23% sliding scale net smelter royalty on the Chilean side of Pascua-Lama and is not responsible for capital costs or other costs of the project.