trending Market Intelligence /marketintelligence/en/news-insights/trending/iPP8-vpKMqq8av1AhV1FBA2 content esgSubNav
Log in to other products

 /


Looking for more?

Contact Us
In This List

Nicola enters 4-year gold, silver profit share agreement with Gavin Mines

Blog

Highlighting the Top Regional Aftermarket Research Brokers by Sector Coverage

Video

COVID-19 Impact & Recovery: Metals and Mining Outlook for H2 2021

Blog

Q&A: Data That Delivers - Automating the Credit Risk Workflow

Blog

Mining M&A in 2020 — Deal activity bounces back in H2 after disrupted H1


Nicola enters 4-year gold, silver profit share agreement with Gavin Mines

Nicola Mining Inc. entered into a four-year mining and milling profit share agreement with Gavin Mines Inc., which will focus on material mined from the latter's Dome Mountain gold-silver mine in British Columbia.

Gavin will ship up to 40,000 tonnes of mill feed per year to the company's 200-tonne-per-day mill facility, according to an April 6 release.

Gavin Mines will receive up to C$263.50 per tonne for all aspects associated with mining, operations and transportation of the material to the mill, while Nicola will receive up to C$55.00 per tonne for processing the material.

The companies previously entered a profit share agreement in May 2016, under which Gavin shipped about 5,700 tonnes of stockpile material and produced approximately 47,193 grams of gold and 249,628 grams of silver.