Royal Gold Provides an Update on Peñasquito

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Jun 09, 2023

Royal Gold, Inc. (NASDAQ: RGLD) (together with its subsidiaries, “Royal Gold” or the “Company,” “we” or “our”) announced today that Newmont Corporation (“Newmont”) has suspended operations at the Peñasquito mine in Mexico in response to a strike action received from the National Union of Mine and Metal Workers of the Mexican Republic. Newmont stated that Minera Peñasquito has suspended operations in a safe and orderly manner and essential activities related to safety, security and environmental monitoring and protection continue. Newmont did not provide a timeline for resumption of operations.