Nevada Gold Mines Closes Previously Announced Sale of Royalty Portfolio to Gold Royalty Corp.

All amounts expressed in US dollars

Nevada Gold Mines ("NGM" or the "Company") today announced the closing of its previously announced sale of a portfolio of royalties to Gold Royalty Corp. ("Gold Royalty") for $27.5 million, satisfied through the issuance by Gold Royalty to NGM of 9,393,681 common shares. NGM currently owns approximately 6.5% of the issued and outstanding shares of Gold Royalty.

About Nevada Gold Mines
Nevada Gold Mines is operated by Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) and is a joint venture between Barrick (61.5%) and Newmont (38.5%) that combined their significant assets across Nevada in 2019 to create the single largest gold-producing complex in the world.

Enquiries:
Barrick COO North America
Christine Keener
+1 865 209 0781
christine.keener@barrick.com

NGM Executive Managing Director
Greg Walker
+1 702 526 3194
gwalker@nevadagoldmines.com

Barrick Investor and Media Relations
Kathy du Plessis
+44 20 7557 7738
barrick@dpapr.com

Website: www.barrick.com


Primary Logo

News Provided by GlobeNewswire via QuoteMedia

ABX:CA
The Conversation (0)

Freeport First-Quarter 2025 Financial and Operating Results Release Available on Its Website

Freeport (NYSE: FCX) today announced that it has posted its first-quarter 2025 financial and operating results press release on the Investor Relations page of its website at https://investors.fcx.com/investors/news-releases .

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250423627211/en/

News Provided by Business Wire via QuoteMedia

Keep reading...Show less
Grande Portage Resources Lead Mining Engineer Kyle Mehalek.

Ore Sorting Test Boosts Grade, Cuts Costs at Grande Portage Resources’ New Amalga Gold Project

Grande Portage Resources (TSXV:GPG,OTCQB:GPTRF,FWB:GPB) recently initiated testwork for a sensor-based ore-sorting system, using samples from the New Amalga mine project.

The results, according to lead mining engineer Kyle Mehalek, exceeded expectations.

Latest Press Releases

Related News

×