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May 23, 2025Solaris lands $200M from Royal Gold for Ecuador copper-gold project
Canadian mining developer Solaris Resources has secured a $200 million financing deal from streaming and royalty company Royal Gold to advance its Warintza copper-gold project in Ecuador.
The agreement includes a gold stream and a net smelter return (NSR) royalty. It will be structured in three instalments: $100 million upon closing, $50 million after achieving key milestones such as a pre-feasibility study and environmental approval, and a final $50 million one year later
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