Seeking Alpha

Royal Gold +3.5% after update on Mt. Milligan stream deliveries

  • Royal Gold (RGLD +3.5%) is on the rise after saying it received 21.9K oz. of gold from the Mt. Milligan mine during Q2 as part of its purchase and sale agreement with Thompson Creek Metals (TC -0.7%).
  • For the quarter, RGLD says it sold ~14.4K oz. of gold from Thompson Creek.
  • Thompson Creek had reported Mt. Milligan production of 37K oz. of payable gold and sales of 52K oz. in the quarter.
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