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TMAC raises $40m with royalty deal

Canadian Mining Journal Staff | August 14, 2019 | 12:42 pm News Canada Gold 

In return for a cash payment of $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 president and...

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