financetom
Business
financetom
/
Business
/
Osisko Gold Royalties Boosts Gibraltar Mine Silver Stream, Closes Dalgaranga Royalties Acquisition
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Osisko Gold Royalties Boosts Gibraltar Mine Silver Stream, Closes Dalgaranga Royalties Acquisition
Dec 23, 2024 7:35 AM

10:09 AM EST, 12/23/2024 (MT Newswires) -- Osisko Gold Royalties ( OR ) said Monday it has completed an amendment to increase its silver stream in Taseko's Gibraltar mine in British Columbia.

Osisko paid an additional deposit of $12.7 million to Taseko, increasing the attributable silver percentage to 100% from 12.5%.

Separately, Osisko said it closed its $44 million acquisition of a 1.8% gross revenue royalty on the Dalgaranga Gold project, which is operated by Spartan Resources in Western Australia.

Osisko also closed a complementary deal to buy a 1.35% gross revenue royalty on other regional exploration licenses close to Dalgaranga for $6 million.

Price: 18.05, Change: -0.24, Percent Change: -1.31

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved