Axmin received $600K USD from Teranga Gold in Q2 2018 from royalty payments.
From TGZ Financials(Page 10) Released Today: Includes royalties to Axmin Inc. on account of their 1.5 percent net smelter royalty on the Gora deposit. During the three and six months ended June 30, 2018, the Company incurred $0.6 million and $1.1 million, respectively, of Axmin royalties (2017: $0.4 million and $0.7 million, respectively).
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.