Wassa
Project information
As at 31 December 2024
Type:
Stream
Type:
Stream
Aggregation level:
Asset
Aggregation level:
Asset
Status:
Operating
Status:
Operating
Report standard:
Jorc
Report standard:
Jorc
Ownership %:
100
Ownership %:
100
Operator:
No
Operator:
No
Operator name:
Chifeng Jilong Gold Mining Co., Ltd.
Operator name:
Chifeng Jilong Gold Mining Co., Ltd.
Extraction:
Open Pit Underground
Extraction:
Open Pit Underground
Country:
Ghana
Country:
Ghana
Region:
Western Region
Region:
Western Region
Geological province:
Birimian Greenstone Belt
Geological province:
Birimian Greenstone Belt
Interest conditions:
10.5% of payable gold produced from the Wassa mine until the delivery of 240,000 ounces, upon which the stream percentage will decrease to 5.5% for the remaining LOM. The cash purchase price for gold is 20% of the spot price of gold per ounce delivered until the delivery of 240,000 ounces, and 30% thereafter. Payable gold is calculated as 99.5% of contained gold in doré or 99% in any other form.
Description
As at 31 December 2024
Royal Gold stream on the Wassa open-pit and underground mine located in the Wassa East District, in the Western Region of Ghana, operated by Chifeng Jilong Gold Mining Co., Ltd. Access to the underground mine is via declines in the Wassa open-pit, with the capacity to support a production rate of 5,000 tpd. Expected to deliver approximately 155,000 to 175,000 ounces of gold in 2026.
Stream interests
Multiple effective dates
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Reserves & resources — detail
As at 31 December 2024
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