BRIEF-Royal Gold acquires gold stream on Rubicon Minerals' Phoenix gold project

Tue, 11 Feb - 9:14pm

Feb 11 (Reuters) - Royal Gold Inc RGLD.O :

* Acquires gold stream on Rubicon minerals' Phoenix gold project

* Says has entered into a $75 million gold stream transaction with Rubicon

Minerals Corporation

* Will make advance deposit payments totaling $75 million in five installments

over the next 12 months

* Says deal will finance a significant portion of the construction of the

Phoenix gold project in Ontario, Canada

* Source text for Eikon News Search ID:nBw2nR6Nsa

* Further company coverage RGLD.O

((Bangalore Newsroom; +1 646 223 8780))

URN: 
urn:newsml:reuters.com:20140211:nASA08R8M:7
Topics: 
US RES MET CMPNY CA PREC MINE BLR DEAL1 LEN RTRS MRG BACT MIN GDM RESF BMAT MTAL AMERS

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