Fourmile Gold Project Royalty
Sector: Mining • Location: Nevada, United States
Source: The Globe and Mail
Teck Resources Ltd. owns a royalty on Barrick Mining Corp.'s Fourmile gold project in Nevada, which is expected to be in production in three to four years. The royalty entitles Teck to 10% of the net profits from the mine, increasing to 15% after six million ounces of gold are produced. Fourmile is considered one of the century's greatest gold discoveries, with potential production of up to 750,00
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | planned |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | Teck Resources Ltd. owns a royalty on Barrick Mining Corp.'s Fourmile gold project in Nevada, which is expected to be in production in three to four years. The royalty entitles Teck to 10% of the net profits from the mine, increasing to 15% after six million ounces of gold are produced. Fourmile is considered one of the century's greatest gold discoveries, with potential production of up to 750,000 ounces per year for at least 25 years. Teck currently has no immediate plans to sell this royalty and will monitor the project's progress. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
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State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
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