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GOLD: TMAC raises US$40M with royalty deal

By Alisha Hiyate

TORONTO — In return for a cash payment of US$40 million, gold miner TMAC Resources has sold a 1.5% NSR royalty to Maverix Metals. Maverix already holds a 1% NSR royalty on TMAC’s Hope Bay gold mine in Nunavut. TMAC’s…

The post GOLD: TMAC raises US$40M with royalty deal appeared first on Canadian Mining Journal.

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