Canada: Barrick Enters Into A Gold And Silver Streaming Agreement With Royal Gold
Last Updated: August 10 2015

Davies is acting for Barrick Gold Corporation in connection with its gold and silver streaming agreement with RGLD Gold AG, a wholly-owned subsidiary of Royal Gold, Inc., for production linked to Barrick's 60 percent interest in the Pueblo Viejo mine. In return, Royal Gold has agreed to make an upfront cash payment of $610 million plus continuing cash payments for gold and silver delivered under the agreement. Ongoing cash payments to Barrick are tied to prevailing spot prices rather than fixed in advance.

The Davies team on this transaction includes Melanie Shishler, Richard Fridman, Robin Upshall and Scott Hyman (Corporate) and Geoffrey Turner (Taxation).

To print this article, all you need is to be registered on

Click to Login as an existing user or Register so you can print this article.

Some comments from our readers…
“The articles are extremely timely and highly applicable”
“I often find critical information not available elsewhere”
“As in-house counsel, Mondaq’s service is of great value”

Press Releases from this Firm
Recent Content from this Firm
By Zain Rizvi, Geoffrey Rawle, Robert Murphy
By R. Ian Crosbie, Brian Bloom, Marie-Emmanuelle Vaillancourt, Elie Roth, Raj Juneja, Michael Kandev, Paul Lamarre, Christopher Anderson, John Lennard, Andrew Ellis
By Robin Upshall
By George Addy, John Bodrug, Adam Fanaki, Charles Tingley, Jim Dinning, Stéphane Eljarrat
By Davies Ward Phillips & Vineberg
By Patricia Olasker, Andrew Mihalik
By Elias Benhamou, Fred Purkey, Marie-Emmanuelle Vaillancourt, Anthony Arquin
By Gregg M. Benson, Peter Glicklich, Heath Martin
By John Bodrug, David Feldman
By R. Ian Crosbie, Marie-Emmanuelle Vaillancourt, Elie Roth, Christopher Anderson
Font Size: